Australian Credit Growth Looks Positive for Banks -- Market Talk
Dow Jones06:39
2239 GMT - The acceleration in Australian credit growth in late 2025 is seen by Macquarie analysts as presenting possible upside risk to consensus earnings forecasts for Australian banks. They point out that the pace of credit growth increased to an annualized 9% in the December quarter, which is the highest since 2022. They write in a note that they expect this to moderate to about 7% in 2026 as interest-rate rises weigh on consumer confidence, but that they still see positive risks. Term deposit spreads are looking supportive for funding costs, they add. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 01, 2026 17:39 ET (22:39 GMT)
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