RBA’s Battellino expects credit growth to remain subdued

reserve-bank-of-australia2

Ric Battellino, the deputy governor of the Reserve Bank of Australia, on Thursday said the rate of credit growth in Australia was expected to remain in single-digit range for some time.

At an address to the Annual Stockbrokers Conference in Sydney, Australia, he said: "In the economic climate likely to be faced by banks over the next few years, solid economic growth but with cautious behaviour by households and relatively low inflation, it would be reasonable to assume that the rate of growth in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: