Investor Presentaiton
Australian interest only and investment property lending.
Interest only (I/O) lending by dynamic LVR1 and income
band (% of total I/O lending)
60
24
Applicant gross income bands
■<$100k $100k-$250k ■>$250k
Mortgage credit quality
Investment property portfolio by number of properties
per customer (%)
24
6 21
N
0
■1
2
4
65
■ 5
■6+
30
28
14
11
13
6
8
<=60%
3
4
60%<=80%
Dynamic LVR bands (%)
>80%
Chart does not add due to rounding.
Chart does not add due to rounding.
Investment property lending (IPL) portfolio
Sep-21
Mar-22 Sep-22
Investment property loans ($bn)
154
153
152
Scheduled I/O term expiry² (% of total I/O loans)
10 portfolio $63bn (13.5% of portfolio)
at 30 September 2022
LVR of IPL loans at origination (%)
72
71
71
Weighted
LVR of new IPL loans in the period (%)
70
70
70
averages
22
19
18
Dynamic LVR1 of IPL loans (%)
50
47
49
14
15
12
Average loan size³ ($'000)
318
321
326
0<1 Yr
4<5 Yrs
5<10 Yrs
0.3
10 Yrs+w
Customers ahead on repayments
including offset accounts4 (%)
90+ day delinquencies (bps)
Annualised loss rate (net of insurance claims) (bps)
61
61
60
60
109
89
75
2
2
1
1 Dynamic LVR is the loan-to-value ratio taking into account the current loan balance, changes in security value, offset account balances and other loan adjustments. Property valuation source CoreLogic. 2 Based on outstanding balance. Excludes line
of credit loans, I/O loans without date (including bridging loans and loans with construction purpose) and 1/0 loans that should have switched to P&I but for the previously announced mortgage processing error. 3 Includes amortisation. Calculated at
account level where split loans represent more than one account. 4 Customer loans ahead on payments exclude equity/line of credit products as there are no scheduled principal payments.
85
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