Investor Presentaiton
Mar-17
Australian mortgage portfolio repayment buffers.
Offset account balances¹ ($bn)
Linked to I/O mortgages
Mortgage credit quality
Australian home loan customers ahead on repayments²
(% by accounts)
36
37
39
39
39
Sep-17
Mar-18
■Linked to P&I mortgages
51
53
33
46
48
40
41
42
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
Mar-22
Sep-22
Australian home loan customers ahead on repayments²
(% by balances)
■Sep-21 Mar-22 ■Sep-22
21 1
Behind
30 31 30
On time
18 19 19
16 15 16
656666
< 1 Mth
< 6 Mths
< 1 Yr
< 2 Yrs
>2 Yrs
53
211
Behind
25 25 25
Sep-21 Mar-22
■Sep-22
33 33 33
15 15 15
14 14 15
656 6 66
On time
< 1 Mth
< 6 Mths
< 1 Yr
< 2 Yrs
>2 Yrs
Chart does not add to 100 due to rounding.
Loans 'on time' and <1 mth ahead (% of balances)
49
49
48
19
19
19
23 23 22
Investment property loans – incentive is
to keep repayments high for tax purposes
■Accounts opened in the last 12 months
11
9
10
13
10
11
8
8
8
■Loans with structural restrictions on
repayments e.g. fixed rate
■Residual - less than 1 month repayment
buffer
Sep-21
Mar-22
Sep-22
Chart does not add to 100 due to rounding.
Chart does not add due to rounding.
1 Includes RAMS from September 2020 onwards. 2 Customer loans ahead on payments exclude equity/line of credit products as there are no scheduled principal payments. Includes mortgage offset accounts. 'Behind' is more than 30 days past due.
'On time' includes up to 30 days past due. Sep-21 and Mar-22 re-stated for classification changes between 'On time' and '<1 month' ahead categories.
83
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