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APRA monthly banking statistics for May are out and the news is some banks are toeing the line behind APRA’s 10% investment portfolio growth while others openly give it the bird.
Here are the annual growth rates for the big six:
| ANZ | CBA | MAC | NAB | SUN | WBC | |
| May-15 | 10.6 | 9.9 | 86.8 | 14.1 | 11.6 | 10.0 |
The big two have fallen into line while SUN is falling. ANZ is pushing its luck still accelerating, NAB has its fly down and Mac Bank is letting it all hang out. Here are the charts:
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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.
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