Australia - Outstanding Public Debt

Australia: Outstanding Public Debt

Mnemonic	GDBT.IAUS
Unit	AUD Bil., SA
Adjustments	Seasonally Adjusted
	Monthly	0.01 %
Data	Nov 2020	3,000
	Oct 2020	3,000

Series Information

Source	Reserve Bank of Australia (RBA)
Release	Financial Aggregates
Frequency	Monthly
Start Date	1/31/1990
End Date	11/30/2020

Release Information

Description

For Australia, the financial aggregates include credit aggregates (kinds of lending) and monetary aggregates (components of money supply). Compiled by the Reserve Bank of Australia (RBA) from data primarily supplied by banks and non-banks, and also incorporate data supplied by the Australian Bureau of Statistics.

Properties

Measurements:
- Billions of Australia dollars (Bil. AUD)
- Month-over-month percent change (% M/M)
- Year-over-year percent change (% Y/Y)
Adjustments:
- Seasonally adjusted (SA)
- Not seasonally adjusted (NSA)
Native frequency: Monthly
Start date: As early as 1959m7

Methodology

Prior to January 1989, figures for savings bank deposits are averages of end-month or near end-month figures for the current and previous months.

Up to and including June 2000, figures for banks are averages of weekly (Wednesday) figures and figures for NBFIs are averages of end-month figures for the current and previous months.

From July 2000 figures for both banks and NBFIs are end-month.

The data have breaks due to changes from time to time in the number of reporting institutions and other reporting changes.

Seasonal adjustment is by the RBA.

Definitions

ABS: Australian Bureau of Statistics
ADI: Authorized deposit-taking institution
AFI: All financial intermediaries
AMMD: Authorized money market dealer
CUBS: Credit unions and building societies
NBFI: Non-bank financial institution
RFC: Registered financial corporation
SCCI: Specialist credit card institution
Currency: Holdings of notes and coins by the private non-bank sector.
Bank deposits: Exclude Australian and State Government and inter-bank deposits.
M1: Currency plus bank current deposits of the private non-bank sector.
Deposits with non-bank ADIs: Deposits with CUBS and SCCIs, less currency and deposits with other ADIs.
M3: M1 plus all other ADI deposits of the private non-ADI sector plus certificates of deposit issued by banks.
Other borrowings from private sector by AFIs: Non-deposit borrowings (other than from AFIs) by ADIs, RFCs (money market corporations, finance companies, pastoral finance companies and general financiers) and cash management trusts. Prior to August 1996, when AMMDs’ accreditation was revoked, these data include borrowings by AMMDs from the private sector and exclude borrowings by other AFIs from AMMDs.
Broad money: M3 plus other borrowings from the private sector by AFIs, less the holdings of currency and bank deposits by RFCs and cash management trusts.
Money base: Holdings of notes and coins by the private sector plus deposits of banks with the Reserve Bank and other Reserve Bank liabilities to the private non-bank sector.
Offshore borrowings by AFIs: Net foreign currency and Euro-A$ borrowings. Prior to April 2003, this series excluded EUR-AUD borrowings by NBFIs.

Moody's Analytics supplements

For the credit aggregates, we produce monthly break-adjusted seasonally-adjusted levels, by growing back the the final level using the monthly break-adjusted growth rates. This is the same method as the G.19 in the U.S.

Revisions

Data is revised when new data becomes available.