Australian Housing Dynamics and Affordability
AUSTRALIA HOME LOANS
PORTFOLIO PERFORMANCE
PRODUCT 90+ DAY DELINQUENCIES 1,2,3
%
5.0
HOME LOAN DELINQUENCIES 1,2,5
%
2.5
2.0
4.0
1.5
3.0
1.0
2.0
0.5
1.0
0.0
0.0
Sep
12
Sep
13
Sep
14
Sep
15
Sep
16
Sep
17
Sep
18
Sep
Sep
Sep
Sep
19
12
13
14
Sep
15
Sep
Sep
Sep
16
17
18
Sep
19
90+ Investor
Home Loans
Personal Loans
Consumer Cards
-
Corporate & Commercial4
HOME LOANS 90+ DPD BY STATE 1,2
%
2.5
2.0
1.5
1.0
0.5
0.0
VIC & TAS
NSW & ACT
QLD
Mar-12
Mar-13
Sep-12
Sep-13
Mar-14
Sep-14
Mar-15
Sep-15
WA
Mar-16
Sep-16
SA & NT
Portfolio
30+ DPD %
90+ Owner Occupied
HOME LOANS 90+ DPD (BY VINTAGE)6
Note: FY14 vintages and prior were impacted by hardship prior to policy solutions
put in place and therefore not comparable to FY15 vintages and onwards
%
2.5
2.0
1.5
1.0
0.5
0.0
6
8
- FY15
FY16
-
10
FY17
FY18
12
14
FY19
16
18
20
22 24
Month on book
26 28
30
32
34
36
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
1. Includes Non Performing Loans 2. ANZ delinquencies calculated on a missed payment basis 3. For Personal Loans, a new collections platform was implemented in Aug-18 enabling automated charge-off of late stage accounts.
This resulted in a step change to 90+ rates. Following this, compatibility issues between systems resulted in an accumulation of 90+ debt not being charged-off, causing the 90+ rate to increase. This issue has now been resolved
and the 90+ rate has returned to expected levels in FY19 4. Retail portfolio (Small Business, Commercial Cards and Asset Finance) 5. The current classification of Investor vs Owner Occupier, is based on ANZ's product category,
determined at origination as advised by the customer and the ongoing precision relies primarily on the customer's obligation to advise ANZ of any change in circumstances 6. Home loans 90+ DPD vintages represent % ratio of
over 90+ delinquent (measured by # accounts), contains at least 6 application months of that fiscal year contributing to each data point
ANZ
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