Financial Performance and Remediation Update
61
HOUSING LENDING PORTFOLIO PROFILE
PAYMENTS IN ADVANCE¹
60%
INTEREST ONLY CONVERSIONS TO P&I²
($bn)
50%
40%
36% 37%
30%
2.0
1.5
2.1
3.8
2.3
1.6
2.4
1.1
1.6
1.6
20%
17%
15% 13%
12%
12% 13% 12%
15%
7.9
8.2
7.8
6.4
6.3
6.2
10%
7% 7%
5.5
4.8
5.1
5.2
2% 2%
0%
>
2 years
1-2
years
3-12
months
1-3
<1
months month
On time
Behind
1H17 2H17 1H18 2H18 1H19 2H19
1H20 2H20 1H21
2H21
■Sep 20 Sep 21
■Contractual conversion
■ Early conversion
PROFILE OF REPAYMENTS
<1 MONTH, ON TIME¹
APPROVED APPLICANTS BORROWING CAPACITY2
29%
28%
10%
8%
7%
■Loans for investment purposes
9%
8%
■Structural e.g. interest only fixed
rates
4%
6%
90%
92%
93%
6%
Accounts opened in prior 12
4%
months
■Residual
10%
10%
2H20
1H21
2H21
Sep 20
Sep 21
(1) By accounts. Includes offsets. Excludes Advantedge book, line of credit and 86 400
(2) Excludes 86 400 and Advantedge
■Applicants who borrowed at capacity
■Approved applicants with additional capacity to borrow
National
Australia
BankView entire presentation