2,0  1,5 Households 1,0  Investment and pension funds Corporates  0,5  0,0  -0,5  -1,0 2010  2011  2012  2013  2014  2015  2016  ​Source: Danmarks Nationalbank, Financial Stability, 2nd half 2016. April 17 17  Banks are adjusting business models towards more fee-based income Kr.
The Australian financial system weathered that crisis much better than most and, while the adjustment was not painless, the banking system remained resilient. It is currently transitioning through a period of slower growth. History tells us that periods of weak credit growth such as the present one are relatively short-lived in a growing economy, so some pick-up in credit growth is to be expected.