O'Connor: Australian credit expanded at 10% annually into the 2000s
Brendan O'Connor · Brendan O'Connor – Alpha Opportunities in Australia at Regal Partners (EP.485) · Feb 5, 2026 · at 9:41
Brendan O'Connor, CEO of Regal Partners, discusses the historical macro environment and bank profitability in Australia during the late 1990s and 2000s.
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“Interestingly, credit growth in Australia was growing at 10% per annum and hadn't been less than 10% for many, many years. And so you had this huge growth in leverage coming into the household sector that drove the profits of the banks.”
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