Loan volumes for residential lending continue their upward climb, hitting $1.56trn combining loans for both investors and owner occupiers.
The latest
Monthly Banking Statistics from the
Australian Prudential Regulation Authority (APRA) show an increase of $9.25bn (or 0.6%) between April and May this year.
Owner occupier loans consisted of just over $1trn or 64.8% of the total loans while investment lending sat at $550bn or 35.2%. This was an increase of $7bn for owner occupiers and $2.3bn for investors in the recorded one month period.
The big four banks held a total of $819.8bn in owner occupied lending (or 81.1%) and $469.6bn in investment lending (or 85.4%) with the individual figures in billions found below:
| |
Owner occupied (May) |
Owner occupied (April) |
Investor (May) |
Investor (April) |
| ANZ |
$163.3 |
$161.8 |
$82.5 |
$82.2 |
| CBA |
$276.7 |
$274.6 |
$139.3 |
$139.2 |
| NAB |
$140.4 |
$139.4 |
$102.7 |
$102.0 |
| Westpac |
$239.4 |
$238.0 |
$145.2 |
$144.0 |
Growth was seen in owner occupier and investment lending across all major banks except NAB, where investment lending actually fell between April and May.
The following non-majors also had a significant number of owner occupier and investor loans with all figures again listed in billions:
| |
Owner occupied (May) |
Owner occupied (Apr) |
Investor (May) |
Investor (Apr) |
| AMP Bank |
$8.9 |
$9.5 |
$2.7 |
$3.1 |
| Bank of Queensland |
$15.9 |
$15.8 |
$11.2 |
$11.2 |
| Bendigo & Adelaide Bank |
$22.9 |
$22.7 |
$11.9 |
$11.9 |
| ING Bank |
$32.6 |
$32.5 |
$9.5 |
$9.4 |
| Macquarie Bank |
$18.5 |
$18.2 |
$8.6 |
$8.7 |
| ME |
$12.1 |
$11.9 |
$5.2 |
$5.1 |
| Suncorp |
$28.5 |
$28.3 |
$11.7 |
$11.6 |
Amongst the non-majors, owner occupied lending increased for all lenders except AMP Bank whilst investment lending fell at AMP Bank and Macquarie while remaining steady at Bank of Queensland and Bendigo & Adelaide Bank.
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