Investor Presentaiton
New Zealand consumer portfolio.
Mortgage 90+ day delinquencies¹
Mortgage portfolio
Sep-21
Sep-22 (%)
0.6
0.5
Total portfolio ($bn)
60.9
63.8
0.4
0.3
Owner occupied (OO) (%)
72.3
73.3
0.2
0.1
Investment property loans
(IPL) (%)
27.7
26.7
0.0
0.0
Sep-13
Mar-14
Sep-14
Mar-15
Sep-15
Mar-16
Sep-16
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
Mar-22
Broker introduced (%)
46.7
50.1
Proprietary channel (%)
53.3
49.9
Mortgage portfolio LVR2
(% of portfolio)
Sep-22
0.12
Fixed/Floating split (%)
88/12
90/10
94% of mortgage portfolio has an
LVR less than 80%
0.10
0.08
53%
Interest only (I/O) (%)
20.4
17.9
0.06
0.04
Origination LVR
22%
19%
8.5
8.6
80-90% (%)
0.02
4%
2%
0.00
Origination LVR
2.4
2.3
>90% (%)
0<=60
60<=70
70<=80
80<=90
90+
105
Westpac Group 2022 Full Year Results Presentation & Investor Discussion Pack
1 In May 2019 we made changes to the reporting of customers in hardship to align to the method used by APRA. 2 LVR based on current loan property value at latest credit event.
0.22
1.0
10
Sep-13
0.0
00
Mar-14
2.0
Sep-14
Unsecured consumer 90+ day
delinquencies¹ (%)
3.0
Mar-15
Sep-15
Mar-16
Sep-16
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
Mar-22
Mortgage loss rates (%)
1H12
1H13
1H14
1H15
1H16
1H17
1H18
1H19
1H20
1H21
1H22
Westpac GROUP
0.01
Sep-22
1.03
New ZealandView entire presentation