Westpac Financial Performance Update
Mortgage portfolio composition
Portfolio origination mix (%)
New Zealand mortgage portfolio (%)
25|
11
28
60
60
Branch & Digital
■Broker
■Mobile Mortgage Managers
Investor vs owner occupied (%) of new flows
100
■Investor²
30
36
36
75
50
50
25
70
0
FY14
64
64
FY15
FY16 - YTD
5
18
77
Fixed
■Floating
Other 1
Mortgage portfolio LVR distribution (%)³
4
100
11
75
2
Owner occupied
50
50
25
T
T
1
6
Greater than 90%
Between 80 - 90%
93
85
Less than 80%
0
Total Portfolio
FY16 YTD flows
1.'Other' includes revolving credit loans (variable rate loans that allow the borrower to withdraw funds up to a limit) and capped loans (fixed interest rate for 1 year, changing to a floating rate if it drops below the fixed rate).
2. 'Investor' lending provided for the purchase of, and/or secured by, residential investment property. Residential investment property is property that is not owner-occupied, or for the owners' exclusive use (such as a holiday house).
'Owner Occupied' includes all other residentially secured lending not classified as an Investment Property Lending.
3. LVR based on balance and assessment of property value at origination
PRIVATE & CONFIDENTIALView entire presentation