ANZ 2023 Half Year Results
1.
ANZ 2023 Half Year Results
AUSTRALIA HOME LOANS - PORTFOLIO RESILIENCE
Fixed rate Home Loan expiry profile, $b
27
14
20
18
24
11
ANZ flow borrowing capacity¹, 1H23
9% 2%
89%
Surplus Capacity
Minimal Capacity
At Capacity
30+ DPD at Mar 23 by fixed rate expiry month
1H22
2H22
1H23
2H23
1H24
2H24
>2H24
1.5
The chart reflects the 30+ DPD as at Mar 23 for all fixed rate loans that expired in the specified
month e.g.
the 30+ DPD as at Mar 23 for all fixed rate loans that expired in Apr 22 is 0.8%
For new ANZ fixed rate loans, serviceability is assessed as:
1.0
•
if the standard variable rate (less customer discount) plus the 3% serviceability buffer is higher than
the customer fixed rate, then the higher of the standard variable rate (less customer discount) plus
0.8%
0.8%
0.8%
0.9%
0.7%
0.6%
0.6%
0.5% 0.5%
0.5
0.4%
0.3%
the 3% serviceability buffer and the floor rate which is currently 5.1%
•
else the higher of the customer fixed rate plus the 3% serviceability buffer and the floor rate which
is currently 5.1%
0.0
Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23
Portfolio 30+ DPD at Mar 23
30+ DPD by fixed rate expiry month
Majority of lending 'at capacity' is bridging finance while 'minimal capacity' reflects the proportion of customers with a borrowing capacity of less than $50 of uncommitted monthly income (UMI). Borrowing capacity is determined after income
and expense buffers and shading are applied, and based on verified income only therefore the customer's actual borrowing capacity will be higher than what is reflected in the chart
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