Investor Presentaiton
HOUSING-STRONGER SERVICABILITY WITH LOW INTEREST RATE ENVIRONMENT
HOUSEHOLD INTEREST PAYMENTS (% OF DISPOSABLE
INCOME)¹
12
AUSTRALIAN INTEREST RATES²
(%)
18
-Cash Rate
Standard Variable Rate
11
10
16
14
12
10
9
8
7
8
6
4
2
6
0
2006
2008
2010
2012
2014
2016
1989
(1)
Source: RBA
(2)
Source: NAB Monthly Business Survey, RBA
122
1992 1995 1998 2001 2004 2007 2010 2013 2016
HOUSING-APARTMENT OVERSUPPLY DEPENDENT ON FOREIGN DEMAND
HOUSING APPROVALS TO POPULATION RATIO¹
SHARE OF DEMAND FROM OVERSEAS BUYERS²
250
200
150
100
50
50
Long-run average = 100
(%)
18
16
Houses
Apartments
14
12
10
8
Existing dwellings
New dwellings
*
National
Australia
Bank
m
0
4
NSW
Vic
Queensland
SA
WA
Jun 10
Jun 11
Jun 12
Jun 13
Jun 14
Jun 15
Jun 16
(1) Source: NAB, ABS
(2) Source: NAB Residential Property Survey
123
National
Australia
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