Statistical publication

Quarterly authorised deposit-taking institution property exposure statistics - June 2026 highlights

Published
17 September 2026

Key statistics

Excludes ADIs that are not banks, building societies or credit unions. See ‘Explanatory Notes’ of the Quarterly authorised deposit-taking institution property exposures statistics (excel file) for details of share calculations.

Key residential mortgage lending statistics for ADIs for the quarter were:

ADIs' residential property exposuresJune 2025June 2026Year-on-year change
Total credit outstanding ($bn)2,391.82,558.57.0%
Owner-occupied loans - share67.5%66.7%-0.8 points
Investment loans - share30.5%31.2%0.72 points
Loans with loan-to-valuation ratio (LVR) ≥ 80 per cent - share17.6%16.7%-0.9 points
Loans 30-89 days past due - share0.66%0.54%-0.12 points
Non-performing loans1.04%1.01%-0.03 points
ADIs’ new loans funded during the quarterJune 2025June 2026Year-on-year change
New loans funded ($bn)187.6200.56.8%
New owner-occupied loans funded - share63.6%61.9%-1.72 points
New investment loans funded - share34.1%35.6%1.48 points
New loans with LVR ≥ 80 per cent funded - share30.4%29.7%-0.72 points
New loans with debt-to-income (DTI) ratio ≥ 6x funded - share5.5%5.6%0.1 points
New owner-occupied loans with debt-to-income (DTI) ratio ≥ 6x funded - share3.7%3.7%-0.04 points
New investment loans with debt-to-income (DTI) ratio ≥ 6x funded - share8.7%8.9%0.13 points

Key commercial property statistics for ADIs for the quarter were:

ADIs’ commercial property exposuresJune 2025June 2026Year-on-year change
Commercial property exposure limits ($bn)498.2541.08.6%
Commercial property exposures ($bn)463.3501.68.3%

Residential mortgages: new lending

Line chart titled “New loans funded, including external refinancing ($b)” compares owner-occupied lending in light blue with investment lending in navy from Jun-20 to Jun-26. Owner-occupied loans rise from about $75 billion to $125 billion, peaking near $130 billion in late 2025, while investment loans increase from roughly $30 billion to $70 billion after peaking near $80 billion; gridlines mark 0, 50, 100, and 150.
Line chart titled “Year-on-year changes on new housing loans funded (%)” compares including external refinancing (light blue) and excluding external refinancing (navy) from Jun-20 to Jun-26. Including series peaks near 40% in Jun-21, falls below zero during Jun-22–Jun-23, then recovers; excluding series reaches about 57% in Jun-21, bottoms near −26% in Jun-23, rebounds to roughly 37% in Jun-24, and ends near 7% in Jun-26.
Line chart shows year-on-year changes in new loans funded, including external refinancing, for owner-occupied and investment properties from June 2020 to June 2026. Light-blue owner-occupied and dark-blue investment lines peak around mid-2021, fall below zero in 2022, then recover, with investment reaching about 25% in 2025 before both decline by June 2026.
Line chart showing external refinancing as a share of total new loans from Jun-20 to Jun-26, with percentage axis marked 0, 20, 40, and 60. Dark-blue line rises from about 42% to nearly 48% in mid-2023, drops sharply to roughly 35%, reaches a low near 33% in 2024, then recovers to about 37% by Jun-26.
Line chart shows share of new housing loans with debt-to-income ratios at least six times, covering Jun 2020–Jun 2026. Investment loans, light blue, peak near 32% in 2021 before falling to about 7% in 2024 and ending near 9%; owner-occupied, dark blue, and total, gray, follow similar declines, with total peaking near 24% in 2021.
Line chart showing share of new owner-occupied and investment loans with loan-to-value ratios of at least 80%, measured monthly from June 2020 to June 2026. Light-blue owner-occupied loans peak near 46% in 2020 before declining to about 30%, while dark-blue investment loans peak near 34% and remain near 30% in recent periods.
Line chart showing new interest-only lending as a share of total new housing lending, measured in percent, from Jun-20 to Jun-26. Blue line rises overall from about 18% to 23.5%, with dips around Jun-21, Jun-23, and Jun-25 and a sharp increase near Jun-26.
Line chart showing exceptions to serviceability policy and serviceability verification waivers as percentages of total new loans from Jun-20 to Jun-26. Light-blue exceptions rise from about 2% to 5.8%, while dark-blue waivers fluctuate near 2%–3%, with widening gap after Jun-23.

Residential mortgages: outstanding credit

Line graph showing year-on-year growth in housing credit outstanding from Jun-20 to Jun-26, measured as a percentage. Navy line rises from about 2.5% to nearly 7% in Jun-22, declines to roughly 4.1% in Jun-24, then recovers to about 7% by Jun-26.
Line chart titled “Offset accounts as a portion of total credit outstanding (%)” tracks monthly values from Jun-20 to Jun-26 across a 6–14% vertical scale. Navy line trends upward from about 9.5% to 13.3%, peaks near 13.9% in late 2025, then declines slightly by Jun-26.
Line chart showing arrears as a percentage of total housing credit outstanding from Jun-20 to Jun-26, with dark blue lines for loans 30–89 days past due and light blue lines for non-performing loans. Non-performing loans decline from about 1.1% to 0.7% by mid-2022, then recover near 1.1% in 2024–25, while 30–89-day arrears bottom near 0.3% in 2022 before rising to roughly 0.5% by Jun-26.
Line chart compares shares of non-performing loans within total housing-credit outstanding by purpose from June 2020 through June 2026, using a 0.0–1.2% vertical scale. Light-blue Owner-occupied loans decline to about 0.65% in 2022, rise near 1.15% in 2025, and end around 1.1%, while dark-blue Investment loans recover to about 0.87% in 2024 before ending near 0.78%.
Line chart tracks non-performing loans by loan-to-value ratio (LVR), June 2020–June 2026, across three LVR bands. Dark navy LVR <80% falls from 0.60 to 0.41 in mid-2022, rises to about 0.64 in 2024–25, and ends near 0.59; light blue 80% ≤ LVR <90% and green LVR ≥90% remain lower, ending near 0.23 and 0.16.

Commercial real estate

Line chart titled “Year-on-year growth in commercial property exposure limits (%)” tracks monthly growth from Jun-20 to Jun-26. Navy line falls from about 5% to 2.5% in late 2020, peaks near 12% in late 2021, declines to roughly 3% in late 2023, then recovers and stabilizes around 8.5–9% through Jun-26, with gridlines at 0%, 5%, 10%, and 15%.
Line chart showing year-on-year growth in commercial property exposures from Jun-20 to Jun-26, measured in percent. Growth rises from about 5% to nearly 16% in mid-2022, plunges to roughly 4% in late 2023, then recovers to around 9% before easing to 8% by Jun-26.
Line chart showing year-on-year growth in commercial property exposure limits across office, retail, and industrial sectors from Jun 2020 to Jun 2026. Industrial growth remains highest, peaking near 23% in 2021 and ending near 9%; retail fluctuates between 2% and 9%, while office falls from about 9% to near -1% after a brief 2022 peak.
Line chart showing non-performing commercial property exposures as a percentage of total commercial property exposures, spanning Jun-22 through Jun-26. Navy line rises from about 0.50% in Jun-22 to a peak near 0.90% around Jun-24, fluctuates near 0.80% through Jun-25, then declines to roughly 0.55% by Jun-26; data before March 2022 unavailable.

Footnotes

    The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $10.6 trillion in assets for Australian depositors, policyholders and superannuation fund members.