(28 May 2015 – Australia) The Australian Prudential Regulation Authority (APRA) released Quarterly Authorised Deposit-taking Institution Property Exposures for the March 2015 quarter on 26 May.
ADIs’ commercial property exposures were A$234.2 billion, an increase of A$15.1 billion (6.9 percent) over the year.
Commercial property exposures within Australia were A$193.3 billion, equivalent to 82.5 percent of all commercial property exposures.
ADIs’ total domestic housing loans were A$1.3 trillion, an increase of A$107.1 billion (9.0 percent) over the year.
There were 5.3 million housing loans outstanding with an average balance of A$243,000.
ADIs with greater than A$1 billion of residential term loans approved A$82.3 billion of new loans, an increase of A$8.5 billion (11.5 percent) over the year.
Of these new loan approvals, A$51.9 billion (63.0 percent) were owner-occupied loans and A$30.4 billion (37.0 percent) were investment loans.
Quarterly ADI Property Exposures 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 A$1 billion in housing loans.