Investor Presentaiton
NEW ZEALAND HOME LOANS
PORTFOLIO OVERVIEW
Portfolio
Flow
Portfolio
FY19
FY20
FY21
FY20
FY21
FY19
FY20
FY21
Number of Home Loan Accounts
527k
529k
535k
68k
82k
Average LVR at Origination¹
56%
58%
57%
Total FUM
NZD85b
NZD90b
NZD99b
NZD20b
NZD29b
Average Dynamic LVR1
42%
40%
35%
Average Loan Size
NZD161k NZD169k NZD185k NZD287k
NZD352k
Market Share²
30.7% 30.6% 30.4%
% Owner Occupied
75%
75%
75%
75%
74%
% Low Doc³
0.34% 0.30% 0.26%
% Investor
25%
25%
25%
25%
26%
Home Loan Loss Rates
0.00%
0.00% 0.00%
% Paying Variable Rate Loan
15%
13%
10%
14%
14%
% of NZ Geography Lending
63%
67%
70%
% Paying Fixed Rate Loan
85%
87%
90%
86%
86%
% Paying Interest Only
19%
21%
15%
19%
18%
% Paying Principal & Interest
81%
79%
85%
81%
82%
% Broker Originated
38%
40%
43%
42%
46%
123
1. Average data as of August 2021
2.
3.
Source: RBNZ, FY21 share of all banks as at August 2021
Low documentation (Low Doc) lending allowed customers who met certain criteria to apply for a mortgage with reduced income confirmation requirements. New Low Doc lending ceased in 2007
ANZ
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