NON-FINANCIAL DOMESTIC SECTORS

		Credit market outstandings at end	Demand for credit during	Other changes during	Credit market outstandings at end
		Sep Qtr 2014	Dec Qtr 2014	Dec Qtr 2014	Dec Qtr 2014
		$b	$b	$b	$b
Non-financial corporations
	Investment funds	208.5	0.8	5.0	214.3
	Other private	2 477.0	28.3	10.6	2 515.9
	Public	114.4	8.5	-	122.9
General government
	National	377.6	9.8	12.3	399.7
	State and local	148.9	2.8	0.1	151.8
Households		1 860.3	30.7	5.0	1 896.1
Total		5 186.8	80.9	33.0	5 300.7
- nil or rounded to zero (including null cells)

Graph 1. Total demand for credit


Demand for credit during December quarter 2014 was $80.9b, Households sector raised a net $30.7b, other private non-financial corporations raised a net $28.3b and national general government raised a net $9.8b. Households sector raised credit primarily through loans and placements ($32.3b), which was partially offset by the redemption of bills of exchange ($1.6b). Other private non-financial corporations raised its credit by issuance of shares and other equity ($21.1b) and the national general government raised credit through bond issuance ($9.2b).

Graph 2. Credit market outstandings


Credit market outstandings of the domestic non-financial sectors at 31 December 2014 was $5,300.7b, an increase of $113.9b from the previous quarter where the demand for credit contributed $80.9b and valuation increases were $33.0b. The other private non-financial corporations sector has the largest amount of credit outstandings recording $2,515.9b in the December quarter 2014, followed by the household sector and national general government, at $1,896.1b and $399.7b respectively.