(26 August 2015 – Australia) The Australian Prudential Regulation Authority (APRA) released the data for lender’s property exposures on 25 August.
The Quarterly Authorised Deposit-taking Institution (ADI) Property Exposures for the June 2015 quarter revealed commercial property exposures were up A$233.7 billion, an increase of A$9.9 billion or 4.4 percent over the year to 30 June.
Commercial property exposures within Australia were A$194.0 billion, equivalent to 83.0 percent of all commercial property exposures.
ADIs' total domestic housing loans were A$1.3 trillion, an increase of A$97.1 billion (7.9 percent) over the year.
There were 5.4 million housing loans outstanding with an average balance of A$243,000.
ADIs with greater than A$1 billion in housing loans approved A$96.0 billion of new loans, an increase of A$10.5 billion (12.2 percent) on the quarter ending 30 June 2014.
Of these new loan approvals, A$55.1 billion (57.4 percent) were owner-occupied loans and A$41.0 billion (42.6 percent) were investment loans.