Financial Performance and Remediation Update
HOUSING LENDING KEY METRICS¹
Australian Housing Lending
Total Balances (spot) $bn
Average loan size $'000
O Variable rate
Fixed rate
Mar 20
Sep 20
Mar 21
Sep 21
Sep 20
Mar 21
Sep 21
Portfolio
Drawdowns²
302
299
300
309
29
32
49
309
309
310
315
383
401
427
75.9%
71.9%
67.8%
61.3%
64.0%
53.2%
41.9%
18.3%
22.8%
27.3%
34.4%
35.0%
45.8%
56.9%
5.8%
5.3%
4.9%
4.4%
1.1%
1.0%
1.2%
Line of credit
By borrower type
Owner Occupied ³,4
58.4%
60.1%
61.6%
63.2%
70.1%
71.3%
67.8%
Investor³,4
41.6%
39.9%
38.4%
36.8%
29.9%
28.7%
32.2%
By channel
- Proprietary
Broker
Interest only5
Low Documentation
Offset account balance ($bn)
LVR at origination
62.8%
62.2%
60.0%
58.2%
53.1%
52.1%
48.7%
37.2%
37.8%
40.0%
41.8%
46.9%
47.9%
51.3%
17.2%
14.8%
13.6%
12.7%
17.9%
17.3%
20.5%
0.4%
0.4%
0.3%
0.3%
30.0
32.6
33.3
33.5
69.1%
69.2%
69.5%
69.6%
Dynamic LVR on a drawn balance calculated basis
44.6%
45.5%
42.3%
38.8%
Customers in advance ≥1 month (including offset facilities)
66.5%
69.9%
69.1%
68.5%
Avg # of monthly payments in advance (including offset facilities)
36.3
43.4
45.1
47.1
90+ days past due
1.04%
1.18%
1.61%
1.24%
Impaired loans
0.12%
0.10%
0.10%
0.10%
Specific provision coverage ratio
33.3%
35.4%
32.8%
32.3%
Loss rate?
0.02%
0.02%
0.01%
0.01%
Number of properties in possession³
268
155
113
169
HEM reliance
33%
33%
35%
33%
(1) Excludes Asia and 86 400
(5)
Excludes line of credit products
(2) Drawdowns is defined as new lending excluding limit increases and redraws in the previous six month period
(6)
Excludes Advantedge and line of credit
(3)
Portfolio sourced from APRA Monthly Banking Statistics
(7)
12 month rolling Net Write-offs / Spot Drawn Balances
(4) Drawdowns sourced from management data
(8) Reduction in properties in possession in Sep 20 and Mar 21 reflects pause in legal
activity due to COVID-19
National
Australia
Bank
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