APRA investor mortgage books still shrinking

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Not all but most. APRA has rleased banking stats for December and investment mortgage stock is still shrinking:

Year over year is still useless owing to the portfolio shifts mid-2019:

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Month on month shows all majors bar CBA still shrinkgin back books:

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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.