The total volume of residential lending amongst the banks, including owner occupier and investor loans, has shot past $1.57trn, according to the newest figures from the
Australian Prudential Regulation Authority (APRA).
The regulator’s latest
Monthly Banking Statistics show that total lending increased by $9.8bn (or 0.6%) between May and June.
Owner occupier loans sat at just over $1trn and represented 64.8% of total loans as of June. This was an increase of $7.4bn (or 0.7%) from the month before.
The remaining $552bn (or 35.2% of total lending) was made up of investment loans – an increase of $2.4bn (or 0.4%) from the previous month.
The big four banks held $1.3trn in residential lending in June or 82.6% of the total banking market share. Of this, $825bn was in owner occupier loans while $472bn was in investment lending.
The individual figures for lending at the big four banks are found below with each number listed in billions of dollars:
| |
Owner occupied (June) |
Owner occupied (May) |
Investor (June) |
Investor (May) |
| ANZ |
$165.0 |
$163.3 |
$82.8 |
$82.5 |
| CBA |
$277.3 |
$276.7 |
$138.7 |
$139.3 |
| NAB |
$141.4 |
$140.4 |
$103.4 |
$102.7 |
| Westpac |
$241.3 |
$239.4 |
$146.8 |
$145.2 |
Growth was seen in owner occupier and investment lending across all major banks.
The following non-major lenders also reported a significant number of owner occupier and investor loans with all figures once more listed in billions of dollars:
| |
Owner occupied (June) |
Owner occupied (May) |
Investor (June) |
Investor (May) |
| AMP Bank |
$9.2 |
$8.9 |
$2.9 |
$2.9 |
| Bank of Queensland |
$16.1 |
$15.9 |
$11.2 |
$11.2 |
| Bendigo and Adelaide Bank |
$22.9 |
$22.9 |
$11.8 |
$11.9 |
| ING Bank |
$32.8 |
$32.6 |
$9.6 |
$9.5 |
| Macquarie Bank |
$18.8 |
$18.5 |
$8.6 |
$8.6 |
| ME Bank |
$12.4 |
$12.1 |
$5.3 |
$5.2 |
| Suncorp |
$28.8 |
$28.5 |
$11.8 |
$11.7 |
For the second tier banks, owner occupier lending rose for all except Bendigo and Adelaide Bank which remained relatively stable. Levels of investment lending were a little more uneven with AMP, Bank of Queensland and Macquarie Bank remaining basically unchanged, Bendigo and Adelaide Bank decreasing, and ING Bank, ME Bank and Suncorp all increasing.
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