Investor Presentaiton
Australian mortgages - improved growth.
Mortgage lending flows ($bn)
458
6
33
(17)
(12)
468
Mar-22
New lending ex
refinance
Net
refinance
Mortgage time to right (days)1
Third party
Proprietary
Up 2%
Property sale and
other
Paydown
Sep-22
Mortgage growth (major bank system multiple²)
1.1x
11.7
1.0x
9.6
9.9
7.6
8.1
6.3
0.4x
Sep-21
Mar-22
Sep-22
2H21
1H22
2H22
1 Based on time from application start (for 1st party) or application submitted (for 3rd party) to unconditional approval and is the median time for applications approved within the month, this chart represents the exit rate. 2 Comparison to major bank
system, adjusted for the acquisition of Citibank by NAB, from APRA Monthly Authorised Deposit-taking Institution Statistics.
22
Westpac Group 2022 Full Year Results Presentation & Investor Discussion Pack
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