Corporate loans reached 559 USD bil in 2015 in Australia, according to the National Central Bank. This is 3.51 % less than in the previous year.
Historically, corporate loans in Australia reached an all time high of 679 USD bil in 2012 and an all time low of 92.8 USD bil in 1993. When compared to Australia's main peers, corporate loans in Indonesia amounted to 144 USD bil, 124 USD bil in Malaysia and 4.21 USD bil in Papua New Guinea in 2015.
Australia has been ranked 6th within the group of 88 countries we follow in terms of corporate loans, 1 places above the position seen 10 years ago.
Corporate loans are loans made to businesses for a specific business purpose.