Makrognosis

Australia Narrow Money (M1)

MonthlyNot seasonally adjustedCode AU.M1.M.NSA

Latest (y/y)6.4%September 2026
Previous (y/y)6.5%August 2026
Level2,022.8 AUD billionSeptember 2026

Australia Narrow Money (M1) was up 6.4% year on year in September 2026, compared with 6.5% in August 2026.

The level stood at 2,022.8 AUD billion.

That is the lowest reading since November 2024.

Among the 9 economies Makrognosis covers on this measure, it is the 4th highest.

Over the past ten years it has ranged from −4.1% (Jun 2023) to 38.7% (Jun 2020), averaging 10.7%.

Australia Narrow Money (M1), annual % change, Jan 2007 – Sep 2026−10%0%10%20%30%40%2010201520202025Robomacro
Australia Narrow Money (M1), annual % change, Jan 2007 – Sep 2026. Source: Reserve Bank of Australia.
Australia Narrow Money (M1), level (AUD billion)05001,0001,5002,0002010201520202025Robomacro
Australia Narrow Money (M1), level (AUD billion).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 20262,022.8 AUD billion6.4
August 20262,003.5 AUD billion6.5
July 20262,025.3 AUD billion7.7
June 20262,010.6 AUD billion8.6
May 20261,978.5 AUD billion9.0
April 20261,988.5 AUD billion9.5
March 20261,976.0 AUD billion10.6
February 20261,963.2 AUD billion11.2
January 20261,961.1 AUD billion10.8
December 20251,952.6 AUD billion10.7
November 20251,936.6 AUD billion11.2
October 20251,922.4 AUD billion10.7
September 20251,901.4 AUD billion11.2
August 20251,881.3 AUD billion11.0
July 20251,880.5 AUD billion9.9
June 20251,851.4 AUD billion10.4
May 20251,814.8 AUD billion9.2
April 20251,816.4 AUD billion8.8
March 20251,786.9 AUD billion7.8
February 20251,765.9 AUD billion7.4
January 20251,770.6 AUD billion7.6
December 20241,764.4 AUD billion7.5
November 20241,741.4 AUD billion6.3
October 20241,736.1 AUD billion6.3

Last 24 observations. The full history (249 observations) is available through the API.

Get Australia Narrow Money (M1) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/AU.M1.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/AU.M1.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationJanuary 2006
Observations249
FrequencyMonthly
UnitsAUD billion
AdjustmentNot seasonally adjusted
10-year high38.7% (Jun 2020)
10-year low−4.1% (Jun 2023)
10-year average10.7%
Source agencyReserve Bank of Australia
Makrognosis codeAU.M1.M.NSA

Narrow Money (M1): how Australia compares

#EconomyPeriodLatest
1MexicoSep 20267.9%
2South AfricaSep 20267.2%
3CanadaAug 20267.0%
4AustraliaSep 20266.4%
5SwitzerlandSep 20266.3%
6United StatesSep 20266.2%
7South KoreaAug 20264.2%
8BrazilSep 20263.2%
9JapanOct 2026−0.4%

Narrow Money (M1) by country: all 9 economies ranked →

Other Australia indicators

Australia GDP (Gross Domestic Product)Australia GDP, Current Prices, Seasonally AdjustedAustralia CPI: All Groups, OriginalAustralia Inflation Rate (CPI)Australia CPI: Trimmed Mean, Seasonally Adjusted (8 capital cities)Australia Core Inflation RateAustralia Unemployment RateAustralia 10-Year Government Bond YieldAustralia Credit Rating & Sovereign Risk ScoreAustralia Credit to the private sector outstanding (RBA table D2 DLCACFS)Australia Producer Price Inflation (PPI)Australia Balance of Payments: Current Account Balance, SAAustralia Trade Balance: Goods & ServicesAustralia Exports of goods & services (national accounts, real) (ABS ANA_EXP)Australia Trade in Goods: Exports (Credits), Seasonally AdjustedAustralia Imports of goods & services (national accounts, real) (ABS ANA_EXP)

FAQ

What is the current narrow Money (M1) in Australia?
The latest reading is 6.4% year on year for September 2026, published by Reserve Bank of Australia.
Where does this data come from?
It is collected directly from Reserve Bank of Australia and is available through the Makrognosis API under the code AU.M1.M.NSA.

Last updated 2026-10-31. Source: Reserve Bank of Australia. Original title: “Australia monetary aggregate M1, original (NSA), AUD billion (RBA)”.