Specufestor mortgages boomed back as economy reopened

By in Australian banks, Australian Property

| 11 comments

Never take your Aussie house price falls for granted. Via APRA this morning comes June lending data. Month on month:

ANZ CBA MAC NAB WBC BOQ BEN SUN Total
Jun-20 0.7 0.2 1.1 -0.3 0.3 -0.1 1.1 -0.4 0.2
May-20 0.4 -0.1 -2.0 -0.6 -0.4 -0.1 0.9 -0.1 -0.3
Apr-20 -0.1 0.0 2.3 -0.7 -0.7 -3.0 0.2 -0.4 -0.3
Mar-20 -0.5 0.0 2.3 -0.6 -0.4 0.1 1.3 -0.4 -0.2
Feb-20 -0.4 0.1 2.2 -0.4 -0.2 -0.2 0.5 0.0 -0.1
Jan-20 -0.2 0.1 3.2 -0.8 -0.3 -0.3 0.6 3.2 0.0
Dec-19 -0.2 0.3 3.8 -0.5 -0.2 -0.4 0.9 -0.4 0.0
Nov-19 -0.3 0.2 3.8 -0.6 -0.3 -0.1 0.8 -0.3 -0.1
Oct-19 -0.3 0.1 4.9 -0.6 -1.0 -0.2 0.4 -0.1 -0.3
Sep-19 -0.6 0.1 -0.2 -0.7 -0.5 -0.6 0.3 -0.1 -0.4
Aug-19 -0.7 0.1 3.5 -0.7 -0.4 0.0 0.4 0.1 -0.2
Jul-19 -0.9 0.3 0.9 0.0 0.3 0.2 -0.9 0.5 0.0
Jun-19 -0.9 0.3 0.9 0.0 0.3 0.2 -0.9 0.5 0.0

In chart form, all major banks accelerated specufestor mortgage lending sharply in June:

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