Submission to the Inquiry into Competition in the Banking and Non-Banking Sectors List of tables

House of Representatives Standing Committee on Economics

Table 1: Spreads on Domestically Issued Prime RMBS

Table 2: Lenders' Funding Mix

Table 3: Owner-Occupied Housing Loans by Type

Table 4: Credit Card Market Shares

Table 1: Spreads on Domestically Issued Prime RMBS
Spread to BBSW
2000 First half of 2007 June 2008
AAA-rated tranche 34 15 120
AA-rated tranche 65 21 n/a

Source: RBA
Table 2: Lenders' Funding Mix
June 2007
Deposits* Domestic capital
market liabilities*		 Foreign
liabilities		 Securitisation
Five largest banks 48 21 26 5
Regional banks 44 24 12 19
Foreign-owned banks 36 31 30 3
Credit unions and building societies 73 6 0 21
Mortgage originators** 0 0 0 100

* Includes household and business deposits. Certificates of deposit are included in domestic capital market liabilities.
**Excludes warehouse funding.

Sources: APRA; RBA
Table 3: Owner-Occupied Housing Loans by Type
Per cent of approvals Per cent of outstandings
2002 2004 2006 2007
Standard 76 69 63 67
Home equity 12 11 9 17
Reverse mortgage n/a <½ <1 <½
High LVR*
– LVR of 90–100 per cent 7** n/a 16 7
– LVR >100 per cent 0** n/a <½ <½
Shared appreciation n/a n/a <½ <½
Non-conforming <1 1½ 2 <1
Low-documentation 4 7 8 7

* Owner-occupier and investor loans. ** Data are for mid 2002 to mid 2003.

Sources: ABS; APRA; RBA; Standard & Poor's; Trowbridge Deloitte; Company reports

Table 4: Credit Card Market Shares
As at May
2002 2004 2006 2008
Five largest banks 84.2 78.8 74.6 70.7
Other Australian-owned banks 2.2 1.4 1.7 1.5
Foreign-owned banks 7.7 9.6 10.3 13.1
Non banks 5.9 10.1 13.4 14.7

Source: RBA