Australian Housing Dynamics and Affordability
AUSTRALIA HOME LOANS
PORTFOLIO OVERVIEW
Portfolio¹
Flow²
Portfolio¹
FY17
FY18
FY19
FY18
FY19
FY17
FY18
FY19
Number of Home Loan
accounts¹
1,009k 1,011k
983k
170k³
119k³
Average LVR at Origination 7,8,9
69%
67%
67%
Total FUM1
$264b
$272b
$265b
$57b
$40b
Average Dynamic LVR (excl offset) 8,9,10,11,12
55%
55%
57%
Average Loan Size4
$262k $269k
$270k
$382k
$378k
Average Dynamic LVR (incl offset) 8,9,10,11,12
Market Share (MBS publication) 13
50%
50%
52%
15.7%
15.5%
n/a
% Owner Occupied 5
63%
65%
67%
70%
73%
Market share (MADIS publication)
n/a
n/a 14.3%
% Investor5
33%
32%
30%
29%
26%
% Ahead of Repayments 14
71%
72%
76%
% Equity Line of Credit
4%
3%
3%
1%
1%
Offset Balances 15
$27b
$28b
$27b
% Paying Variable Rate Loan6
83%
84%
84%
84%
78%
% First Home Buyer
7%
7%
8%
% Low Doc16
4%
4%
4%
% Paying Fixed Rate Loan
17%
16%
16%
16%
22%
Loss Rate 17
0.02%
0.02%
0.04%
% Paying Interest Only
31%
22%
15%
13%
11%
% Broker originated
51%
52%
52%
55%
53%
% of Australia Geography Lending 18,19
% of Group Lending 18
64%
63%
61%
45%
45%
43%
1. Home Loans portfolio (includes Non Performing Loans, excludes Offset balances) 2. YTD unless noted 3. New accounts includes increases to existing accounts and split loans (fixed and variable components of the same loan)
4. Average loan size for Flow excludes increases to existing accounts (note the average loan size previously reported in 1H18 and prior included increases to existing accounts) 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.
Excludes Equity Manager 7. Originated in the respective year 8. Unweighted 9. Includes capitalised LMI premiums 10. Valuations updated to Aug-19 where available 11. Includes Non Performing Loans and excludes accounts
with a security guarantee 12. Historical DLVR has been restated as a result of enhancements to methodology 13. APRA Monthly ADI Statistics to Aug-19 - Note APRA changed the underlying market share definition in Jul-19 and
historical periods (FY17 & FY18) are not comparable to FY19 14. % of Owner Occupied and Investment Loans that have any amount ahead of repayments. Includes Offset balances. Excludes Equity Manager. Includes Non
Performing Loans 15. Balances of Offset accounts connected to existing Instalment Loans 16. Low Doc is comprised of less than or equal to 60% LVR mortgages primarily for self-employed without scheduled PAYG income.
However, it also has ~0.1% of less than or equal to 80% LVR mortgages, primarily booked pre-2008 17. Annualised write-off net of recoveries 18. Based on Gross Loans and Advances 19. Australia Geography includes
Australia Division, Wealth Australia and Institutional Australia
ANZ
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