Economy · Australia · Money and credit
Australian money supply growth (M3)
6.8% in August 2026, compared with 7.5% in July 2026.
- Range, past 10 years52-week and 10-year range The lowest and highest values over a period, with a marker for where the latest value sits between them. Learn more
- 1.8% Jun 201812.8% Jan 2021
- Over 3 monthsYear on year, month on month, quarter on quarter How a figure compares with the same period a year earlier (y/y), or with the period just before (m/m, q/q). Year-on-year removes seasonal swings; shorter comparisons show turning points sooner. Learn more
- −1.0 ptsfrom 7.8%
- Over 12 monthsPercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more
- −0.1 ptsfrom 6.9%
- Long-run averageLong-run average The average of every reading in the series' history. A rough guide to what is normal, though economies change and some series never return to their old average. Learn more
- 10.1%since 1966
- Against its historyPercentile against history Where the latest reading ranks among every reading since the series began. The 90th percentile means it is higher than 90% of past readings. Learn more
- 24thpercentile: higher than 24% of readings since 1966
HistorySeasonally adjusted A figure with the regular calendar pattern removed (Christmas, school holidays, harvests), so one month can be compared fairly with the next. Learn more
% a year, monthly
0.010.020.030.0Mar 1966July 1996Aug 2026
Show the data
| Period | % a year |
|---|---|
| August 2026 | 6.8% |
| July 2026 | 7.5% |
| June 2026 | 7.8% |
| May 2026 | 7.8% |
| April 2026 | 8.0% |
| March 2026 | 8.3% |
| February 2026 | 7.7% |
| January 2026 | 7.4% |
| December 2025 | 7.2% |
| November 2025 | 7.1% |
| October 2025 | 7.1% |
| September 2025 | 7.3% |
| August 2025 | 6.9% |
| July 2025 | 6.5% |
| June 2025 | 6.7% |
| May 2025 | 6.0% |
| April 2025 | 5.6% |
| March 2025 | 5.2% |
| February 2025 | 5.4% |
| January 2025 | 5.4% |
| December 2024 | 5.5% |
| November 2024 | 5.9% |
| October 2024 | 6.3% |
| September 2024 | 5.5% |
The latest 24 readings in this range.
Source: Reserve Bank of Australia, table D3, series DMAM3S, shown as the change on a year earlier. Data from March 1966.
What it measures
The change over 12 months in M3: currency plus bank deposits, seasonally adjusted.
Why it matters
Fast money growth tends to support asset prices and spending; slow growth signals tight credit.