Australian banks Australian interest rates

APRA investor lending growth continues to fall

Thursday 30 June 2016

From APRA today, in May investor lending growth continued to fall, now at 4.1% year on year:

	ANZ	CBA	MQG	NAB	WBC	BOQ	BEN	SUN	Total
May-16	81713	129801	9197	97450	136070	11978	11546	11685	489440
Apr-16	82073	128671	9215	97045	135754	12029	11478	11445	487710
Mar-16	82270	128065	9220	96825	135712	11981	11370	11322	486765
Feb-16	82469	127835	9221	96531	135351	11919	11243	11332	485901
Jan-16	82656	127872	9257	96114	135471	11680	11229	11414	485693
Dec-15	82766	128018	9269	95749	135279	11470	11258	11475	485284
Nov-15	82722	127957	9311	95278	135372	11295	11280	11595	484810
Oct-15	82718	128396	9253	94384	134938	11166	11292	11701	483848
Sep-15	82911	129616	9264	94019	149687	11062	11266	11800	499625
Aug-15	83426	130791	9230	93404	151359	11056	11232	11856	502354
Jul-15	83930	130419	9242	93209	156296	10833	11168	12510	507607
Jun-15	83508	129719	9017	66637	152499	11110	11128	12397	476015
May-15	82482	127904	8802	65759	150869	10658	11147	12335	469956

CBA is the only bank that appears to have switched to growth in May. And the chart:

Keep your foot on their throats, APRA.

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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.