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APRA releases statistics on ADI property exposures for December 2018

The Australian Prudential Regulation Authority (APRA) has released its Quarterly Authorised Deposit-taking Institution (ADI) Property Exposures publication for the December 2018 quarter.

The publication contains information on ADIs’ commercial property exposures, residential property exposures and new housing loan approvals. Detailed statistics on residential property exposures and new housing loan approvals are included for ADIs with greater than $1 billion in housing loans.

Key statistics for ADIs (excluding Other ADIs[1]) for December 2018 were:

  December 2017 December 2018 Change
Total commercial property exposure limits $322.1 billion $331.2 billion +2.8%
Total commercial property exposures $270.5 billion $281.9 billion +4.2%
Commercial property exposures within Australia $234.2 billion $243.0 billion +3.7%
Total domestic housing loans $1,578.5 billion $1,654.3 billion +4.8%
Key statistics for ADIs with greater than $1 billion in housing loans for December 2018 were:
 
  December 2017 December 2018 Change
Number of housing loans 5,852,000 5,943,500 +1.6%
Average balance of housing loans $266,500 $275,500 +3.4%
New housing loans approved in the quarter $100.1 billion $88.2 billion -11.9%
APRA recommends that users of the publication exercise caution analysing and interpreting the statistics to monitor sound residential mortgage practices.  Please refer to the Important Notice in the publication for further information.
 
Copies of the December 2018 Quarterly ADI Property Exposures publication are available on the APRA website at: https://www.apra.gov.au/publications.


Footnotes:

[1] Other ADIs consist of ADIs that are not banks, building societies or credit unions. This includes providers of purchased payment facilities and specialist credit card institutions.

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding $6 trillion in assets for Australian depositors, policyholders and superannuation fund members.

Media enquiries

Contact Ben McLean, APRA Media Unit, on +61 2 9210 3024

All other enquiries

For more information contact APRA on 1300 558 849.