$4.5bn jump in majors’ mortgage books

by Madison Utley31 Jul 2019

For the second consecutive month, APRA’s monthly banking statistics have shown that while two of the big four are steadily continuing to grow their loan volume, the others have failed to do the same.  

However, while both recorded decreases in May, NAB’s figures remained virtually unchanged to June, whereas ANZ’s values have continued to backslide on both sides of household lending. 

As compared to the previous month, the June data shows ANZ is down a further $1bn in owner occupier and down $0.5bn in investor loans.

CBA continued to show the strongest growth of the majors, adding $2bn to its owner occupier loan book after having reached the $300bn milestone last month.

Westpac also added a further $1.5bn to its owner occupier volume, bringing its total to $266bn.

While the previous month charted an overall decrease in investor loans across the big four, June showed a slight increase. The net gain was $0.5bn as both CBA and Westpac added $0.5bn to their investor books, while ANZ recorded a decrease of $0.5bn. 

According to the June data, total household lending stood at:

CBA             $436bn

Westpac       $419.5bn

NAB             $261bn

ANZ             $254bn

Owner occupier volume:

CBA              $302bn

Westpac       $266bn

ANZ             $177bn

NAB             $156bn

Investment volume:

Westpac       $153.5bn

CBA              $134bn

NAB              $104.5bn

ANZ              $77.5bn