Investor Presentaiton
Movement in lending ($bn).
11.2
(2.1)
(0.3)
(1.8)
739.6
10.5
(1.4)
3.9
719.6
Up $2.8bn in NZ$
710.8
Up $20bn or 3%
Sep-21
Mar-22
Mortgages
Owner
occupier
Mortgages
- Investor¹
Business Institutional
New
Zealand
Personal
(ex Auto)
Auto
Sep-22
(in A$)
Improved risk profile of the portfolio over last 5 years (Sep-17 to Sep-22)
Total Loans (%)
11
17
4
2
11
Other consumer
16
Institutional
■Business
■Mortgages
68
71
• More mortgages, less other consumer lending
I/O² mortgages 14% of Australian mortgages (Sep-17 46%)
• Owner occupied 66% of Australian mortgages (Sep-17 56%)
·
Sold wholesale dealer and vendor financing books
Sep-17
Sep-22
1 Includes line of credit. Investor mortgages are up $0.8bn under APRA definition in the Monthly Authorised Deposit-taking Institution Statistics. 2 I/O is interest only
21
Westpac Group 2022 Full Year Results Presentation & Investor Discussion Pack
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