About Broad Money (M3) (AUD)

Broad money for Australia encompasses all forms of money that can be readily used or easily converted to cash, including demand deposits, savings deposits, and short-term instruments. It is typically equivalent to M2 or M3.

Why FX traders watch it

Broad money growth reflects the combined effect of Reserve Bank of Australia monetary policy and private sector credit creation. Sustained above-trend growth creates the monetary conditions necessary for inflation.

How to interpret the data

Rapidly growing broad money is a medium-term inflation signal and supports a hawkish Reserve Bank of Australia stance. Contracting or near-zero broad money growth indicates restrictive financial conditions and potential deflationary risk.

Historical Broad Money (M3) (AUD)

Source: RBA · Monthly · Percent YoY or level

Data Source

Primary Source

RBA

Official Series ID

d1-data.csv (Broad money)

External Link

View Official Data Page

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

Percent YoY or level

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format.

{ "currency": "AUD", "indicator": "broad_money", "has_official_forecast": false, "start_date": "2023-01-01", "end_date": "2023-12-31", "data": [ { "date": "2024-07-01", "val": 4.2, "announcement_datetime": 1722456000 } ] }

Request Parameters & Usage

Parameter	Required	Format	Description
`start_date`	NO	`YYYY-MM-DD`	Optional lower bound for the requested history.
`end_date`	NO	`YYYY-MM-DD`	Optional upper bound. Defaults to the current date.
`api_key`	CONDITIONAL	`string`	Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve Broad Money (M3) data for AUD from 2023:

GET https://fxmacrodata.com/api/v1/announcements/aud/broad_money?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY