Investor Presentaiton
Australian mortgage portfolio
Sep-21 Mar-22 Sep-22
balance balance balance
2H22
flow¹
Total portfolio ($bn)
455.6
458.3
467.6
56.4
Australian mortgage portfolio composition.
Mortgage credit quality
Australian mortgage portfolio and 2H22 flow by
product and repayment type (%)
■Sep-21 (Portfolio)
Owner occupied (OO) (%)
63.7
64.8
65.8
70.8
■Mar-22 (Portfolio)
■Sep-22 (Portfolio)
68
60 62 63
Investment property loans (IPL) (%)
33.8
33.4
32.6
29.2
■2H22 Flows
Portfolio loan/line of credit (LOC) (%)
1.9
1.7
1.6
0.1
Variable rate / Fixed rate (%)
62/38
60/40
63/37
89/11
22 23 22
17
12 11 10
12
Interest only (I/O) (%)
15.8
14.2
13.5
16.4
2 2 2 0
4 3 3 3
Proprietary channel (%)
52.8
52.7
51.8
43.6
LOC
IPL-I/O
IPL-P&I
OO-I/O
OO-P&I
Chart does not add to 100 due to rounding.
First home buyer (%)
9.6
10.4
10.1
8.2
Mortgage insured (%)
15.8
15.4
14.7
12.2
2H22
Sep-21
Mar-22
Sep-22
flow1
Average loan size² ($'000)
Customers ahead on repayments
including offset account balances (%)
By accounts
74
74
74
By balances³
68
68
68
Mortgage losses net of insurance
27
28
2
($m, for 6 months ending)
Annual mortgage loss rate 4 (bps)
2
1
<1
277
280
286
443
33
29
29
سل
21
20
10
1
Australian fixed rate mortgage expiry schedule
($bn, every 6 months to)
57
2
1
2
Mar-23
Sep-23
Mar-24
Sep-24
Mar-25
Sep-25
Mar-26
Sep-26
Mar-27
Sep-27
Chart does not add due to rounding.
1 Flow is new mortgages settled in the 6 months ended 30 September 2022. 2 Includes amortisation. Calculated at account level, where split loans represent more than one account. 3 Sep-21 and Mar-22 re-stated for classification changes between 'On
time' and '<1 month' ahead categories. Loans ahead on payments exclude equity/line of credit products as there are no scheduled principal payments. 4 Mortgage loss rates for March balances are annualised, based on losses for the 6 months.
Mortgage loss rates for September are actual losses for the 12 months ending.
81
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