Australian Housing Dynamics and Affordability
NEW ZEALAND DIVISION
FINANCIAL PERFORMANCE: CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS
1.
Solid home lending growth within
a competitive environment
Increased regulatory compliance
requirements
Provisions returning to more
normalised levels
Margin compression, compliance
costs and provisions impacting
returns
Income (NZDm)
Expenses (NZDm)
Total Provisions (NZDm)
Cash Profit (NZDm)
1,731
1,752 1,756 1,782
688
61
817
780
782
625
632
638
744
22
31
42
36
37
16
19
-14
-6
-32
-16
1H18
2H18
1H19
2H19
1H18
2H18 1H19 2H19
1H18
1H18
2H18
1H19
2H19
2H18
1H19 2H19
IP
CP
NLAS (NZDb) & NIM
FTE¹
Risk Weighted Assets (NZDb)
Return
119
122
124
126
6,319
6,165
6,003 6,121
71
5.67% 5.72%
5.71% 5.75%
61
62
62
2.42%
2.41%
2.38%
2.35%
2.55%
2.67%
2.54%
2.40%
1H18
2H18
1H19
2H19
Mar-18 Sep-18 Mar-19 Sep-19
Mar-18 Sep-18 Mar-19 Sep-19
1H18
NLAS
NIM
On a Continuing Operations basis
2H18
1H19
2H19
Revenue Avg RWA
Return on Avg RWA
ANZ
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