Australian banks Australian interest rates

Zero progress on MP tightening in April

Friday 29 May 2015

APRA has released its April banking statistics and it’s a washout so far as macroprudential tightening is concerned. Of the big six banks only one slowed investor lending growth and it remains well above the 10%line anyway:

ANZ	CBA	MAC	NAB	SUN	WBC
10.5	9.5	74.8	13.9	12.1	10.3

Here’s the chart:

And including the Macquarie Bank mortgage free radical:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.