Debt and borrowing
What should you check before taking on debt?
Use official public data and practical comparisons to understand rates, fees, repayments and total borrowing costs.
$4.7bRoad vehiclesNew personal fixed-term commitments in the June quarter of 2026.
$5.0bOther personal lendingThe ABS grouping includes investment, travel, other vehicles and household goods.
7.1%Annual movementGrowth in total personal fixed-term commitments from the June quarter of 2025.
Australians committed $9.7 billion to personal fixed-term loans
ABS data shows new borrower-accepted commitments in the June quarter of 2026. Road vehicles accounted for $4.7 billion and the broad “Other” category accounted for $5.0 billion.
A longer term can lower the regular repayment while increasing total interest. Compare the rate, fees, term and total amount repayable.
