Australian Housing Dynamics and Affordability
AUSTRALIA HOME LOANS
PORTFOLIO DYNAMICS
HOME LOANS REPAYMENT PROFILE1,2
76% of accounts ahead of repayments
21%
20%
27%
HOME LOANS ON TIME & <1 MONTH AHEAD PROFILE 1,2
% composition of accounts (September 19)
38
37
Investment: 5 Interest payments may receive
negative gearing/tax benefits
New Accounts: Less than 1 year old
Structural: Loans that restrict payments in advance.
E.g. fixed rate loans
Residual: Less than 1 month repayment buffer
21
19
9%
6%
6%
7%
12
14
4%
27
32
Overdue
On Time
<1 month 1-3 months 3-6 months 6-12 months 1-2 years
ahead
ahead
ahead
ahead
ahead
>2 years
ahead
Sep-18
Sep-19
Sep-15
Sep-16
Sep-17
Sep-18
Sep-19
DYNAMIC LOAN TO VALUE RATIO3,4,6,7
% of portfolio
60
50
40
30
20
10
0
0-60%
61-75%
Mar-17
Sep-17
76-80%
Mar-18
Sep-18
81-90%
Mar-19
NEGATIVE EQUITY
Net of offset balances
Represents 4.8% of portfolio
Skew to mining states - WA,
QLD & NT represent 65% of
negative equity
59% ahead of repayments
47% with LMI
91%+ DLVR
Total Portfolio
by State
by FUM
6%
6%
13%
30%
16%
16%
32%
•
26%
33%
22%
91-95%
96-100%
100%+
Sep-19
Sep-19
Sep-19
VIC/TAS
NSW/ACT
QLD
WA
SA/NT
1. Includes Non Performing Loans 2. % of Owner Occupied and Investment Loans that have any amount ahead of repayments. Includes Offset balances. Excludes Equity Manager. Includes Non Performing Loans 3. Includes capitalised LMI
premiums 4. Valuations updated to Aug'19 where available 5. The current classification of Investor vs Owner Occupier, is based on ANZ's product category, determined at origination as advised by the customer and the ongoing precision relies
primarily on the customer's obligation to advise ANZ of any change in circumstances 6. Historical DLVR has been restated as a result of enhancements to methodology 7. Includes Non Performing Loans and excludes accounts with a security
guarantee
ANZ
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