APRA released its January lending numbers today which showed a seasonal slowing:
| ANZ | CBA | MAC | NAB | SUN | WBC | BEN | SUN | Total | |
| Jan-17 | -1.7 | 7.9 | -5.7 | 4.6 | 5.1 | 5.1 | 4.9 | 4.5 | 4.2 |
| Dec-16 | -1.7 | 7.2 | -5.2 | 4.5 | 5.1 | 5.1 | 3.6 | 3.8 | 4.0 |
| Nov-16 | -2.1 | 6.3 | -4.8 | 4.5 | 4.3 | 4.3 | 2.2 | 1.9 | 3.4 |
| Oct-16 | -2.4 | 5.1 | -3.4 | 5.1 | 3.9 | 3.9 | 0.2 | 0.6 | 3.0 |
| Sep-16 | -2.9 | 3.4 | -3.0 | 4.9 | -6.9 | -6.9 | -1.4 | -0.1 | 0.9 |
| Aug-16 | -3.4 | 1.8 | -1.9 | 5.2 | -8.6 | -8.6 | -1.9 | -0.1 | -1.7 |
| Jul-16 | -3.7 | 1.4 | -1.1 | 5.0 | -5.1 | -12.0 | -2.3 | -5.1 | -3.0 |
| Jun-16 | -2.6 | 1.2 | 1.9 | 46.4 | -4.1 | -10.2 | -2.4 | -4.1 | 3.1 |
| May-16 | -0.9 | 1.5 | 4.5 | 48.2 | -5.3 | -9.8 | 3.6 | -5.3 | 4.1 |
| Apr-16 | 0.5 | 1.9 | 17.3 | 49.3 | -0.6 | -9.3 | 3.3 | -6.9 | 5.0 |
| Mar-16 | 1.8 | 2.4 | 19.9 | 50.7 | -7.3 | -8.8 | -7.3 | -7.3 | 5.7 |
| Feb-16 | 2.9 | 3.0 | 31.2 | 51.9 | -7.9 | -8.3 | -7.9 | -7.9 | 6.5 |
| Jan-16 | 3.9 | 3.5 | 36.5 | 52.5 | -5.1 | -7.7 | -5.1 | -5.1 | 7.2 |
The two big lenders, CBA and WBC, have both been going at it close to or above the APRA 10% limit for the past six months:
| ANZ | CBA | MAC | NAB | SUN | WBC | BEN | SUN | Total | |
| Jan-17 | -0.1 | 0.6 | -0.7 | 0.5 | 0.2 | 0.2 | 0.9 | 0.2 | 0.3 |
| Dec-16 | 0.5 | 0.8 | -0.9 | 0.5 | 0.8 | 0.7 | 1.2 | 0.8 | 6.3 |
| Nov-16 | 0.3 | 0.8 | -0.8 | 0.4 | 0.4 | 0.7 | 1.8 | 0.4 | 5.7 |
| Oct-16 | 0.2 | 0.7 | -0.6 | 0.6 | -0.2 | 0.6 | 1.9 | -0.2 | 5.4 |
| Sep-16 | -0.1 | 0.7 | -0.7 | 0.4 | 0.7 | 0.7 | 0.7 | -0.4 | 0.7 |
| Aug-16 | -0.3 | 0.6 | -1.0 | 0.4 | -0.3 | 0.6 | 1.0 | -0.3 | 3.4 |
| Jul-16 | -0.6 | 0.7 | -0.6 | 0.3 | -0.1 | 0.4 | 0.5 | -0.1 | 2.6 |
| Jun-16 | -0.5 | 1.2 | -0.1 | 0.1 | 1.7 | 0.6 | -6.3 | 1.7 | 3.0 |
| May-16 | -0.4 | 0.9 | -0.2 | 0.4 | 2.1 | 0.2 | 0.6 | 2.1 | 3.5 |
| Apr-16 | -0.2 | 0.5 | -0.1 | 0.2 | 1.1 | 0.0 | 0.9 | 1.1 | 1.9 |
| Mar-16 | -0.2 | 0.2 | 0.0 | 0.3 | -0.1 | 0.3 | 1.1 | -0.1 | 1.8 |
| Feb-16 | -0.2 | 0.0 | -0.4 | 0.4 | -0.7 | -0.1 | 0.1 | -0.7 | 0.4 |
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Obviously enough, for the type of price growth we’re seeing in Sydney and Melbourne, some huge proportion of this lending is going there, as CoreLogic pointed to overnight:
