APRA has released its September banking statistics and, whoa, macroprudential just pulled the hand break. Here are the year on year growth rates for the big eight’s investor lending books:
ANZ | CBA | MAC | NAB | SUN | WBC | Total | |
Sep-15 | 8.4 | 7.9 | 66.3 | 56.6 | 4.8 | 5.2 | 14.4 |
Aug-15 | 10.2 | 9.7 | 72.0 | 57.0 | 5.6 | 7.3 | 16.0 |
Jul-15 | 11.7 | 10.1 | 79.1 | 58.0 | 11.7 | 11.7 | 18.1 |
Jun-15 | 12.0 | 10.2 | 81.6 | 14.0 | 11.1 | 9.9 | 11.6 |
May-15 | 11.8 | 9.9 | 86.8 | 14.1 | 11.6 | 10.0 | 11.5 |
Apr-15 | 11.7 | 9.5 | 74.8 | 13.9 | 12.1 | 10.3 | 11.3 |
Mar-15 | 11.4 | 9.3 | 79.3 | 13.6 | 12.1 | 10.4 | 11.3 |
Feb-15 | 11.1 | 9.2 | 71.0 | 13.3 | 14.1 | 10.2 | 11.0 |
If you pull out NAB’s large portfolio adjustment three months ago it’s lending is down to 11.6% and the total for the big eight is down to 8.2% growth:
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Even the Macquarie free radical is coming in now. Only NAB needs the whip out.