Announcement PDF Market Release 13 October 2026 Market Announcements Office ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam AFG MORTGAGE INDEX – Q1 FY2027 Please see attached statement regarding AFG’s Mortgage Index for the first quarter of financial year 2027. Authorised for disclosure by: Michelle Palethorpe General Counsel and Company Secretary Australian Finance Group Ltd CONTACT DETAILS Alison Clarke, AFG Head of Corporate Communications Mob 0402 781 367 David Bailey, CEO Tel (08) 9420 7888 AFG Index Market Release Q1 FY27 Australian Finance Group Ltd | Australian Credit Licence 389087 | ACN 066 385 822 1 Upgraders drive demand as AFG brokers lodge $26.8 billion in home loans Australian Finance Group Ltd (ASX:AFG) brokers lodged 36,720 mortgages valued at $26.8 billion during the first quarter of FY27, as Upgraders accounted for a record 46% of residential lodgements. Lodgement value was down 4.5% from the prior quarter and 12.4% from the same quarter last year but remained above historical averages, while the average loan size reached a record $730,145, up 4.5% on the same quarter last year. AFG Chief Executive Officer David Bailey said the result demonstrated the underlying resilience of the broker channel despite softer market conditions and significant changes to government policy. ‛Following several record-setting quarters, some moderation in activity was expected, especially after the groundswell of uncertainty following the changes in the May Federal Budget and higher cash rates. However, our 32-year history shows that in times of housing market uncertainty, the role of the broker remains critical. Activity built steadily through the quarter, with September the strongest month since the Budget.“ said Mr Bailey. Borrower behaviour continued to shift during the quarter, with upgrader activity rising to a record 46% of residential lodgements–the highest level in AFG‘s data. In September this approached 49%, supported by an average loan size still at May 2026 levels despite the well-documented reduction in housing prices across the market. ‛Our experience has always been that when Australians experience turbulence in house prices, upgraders are the first to react, and in a changing rate environment, refinancing enquiry from customers begins to increase. That lift in refinancing has yet to materialise, but history suggests it is not far away,“ said Mr Bailey. ‛While overall lodgements eased from the record highs achieved a year ago, upgrader activity continues to hold up well. Upgraders now account for almost half of all residential lending activity and remain a significant source of market demand,“ said Mr Bailey. As anticipated, Investor activity eased from 34% to 32% during the quarter but remains above the levels some predicted, while first home buyer participation remained steady at 12%. With house prices easing and the interest rate outlook still unclear, this cohort of customers is biding its time, with demand likely to return once conditions stabilise. New South Wales remained the largest market with residential lodgements of $8.6 billion, followed by Victoria at $7.8 billion and Queensland at $4.9 billion. Year-on-year declines were reasonably consistent across these three markets, ranging from 13% to 14%. Western Australia recorded residential lodgements of $3.8 billion, down 10.5% from the prior quarter and 6.2% from the same quarter last year, its first year-on-year decline following 11 consecutive quarters of growth. Whilst the upgrader activity influenced the national average loan size to a record $730,145, the national loan-to-value ratio eased slightly to 63.1% from 63.4% in the prior quarter, remaining among the lowest levels recorded in recent years and reflecting overall sound credit quality being maintained. https://investors.afgonline.com.au/link/rL57GP 2 ‛Refinancing activity remains unusually low given the stage of the interest rate cycle. Historically, we would expect to see more borrowers shopping around, however serviceability constraints and uncertainty around interest rates are weighing on homeowners. In addition, lenders appear to be working hard to retain existing customers,“ said Mr Bailey. Major lenders and their associated brands accounted for 70% of total lodgement volume during the quarter, compared with 30% for non-major lenders. Macquarie Bank will now be included in AFG‘s major lender classification. Prior periods have not been restated to reflect this change. ‛This quarter establishes a new baseline for the major lender category following Macquarie‘s inclusion. As additional quarters are reported, a clearer picture of market share trends will emerge under the revised classification,“ said Mr Bailey. ‛AFG Home Loans accounted for 7.1% of residential lodgements during the quarter, compared with 7.9% in Q4 FY26. The recent rollout of an AFG Home Loans white-label bridging finance product will help meet the needs of upgraders buying and selling in a slower market.“ AFG Securities lodgements were down 24.5% from the prior quarter and 17.7% from the same quarter last year, with a particularly soft July weighing on the result. Activity improved through August and September, providing early signs of a recovery in momentum though there are signs of increased competition. Despite lower lodgement volumes, the AFG Securities loan book closed the quarter at $7.3 billion, 28% higher than a year earlier. ‛The first quarter of FY27 has been defined by a market coming to grips with government policy changes, falling house prices and a more uncertain interest rate environment. However, as the quarter progressed, we saw early signs of strength and resilience in overall lending activity. One thing remains clear: while market conditions continue to evolve, demand for the support and guidance brokers provide remains strong, positioning the channel to assist Australian borrowers throughout the property cycle,“ said Mr Bailey. -ends- For media enquiries, please contact Alison Clarke Head of Corporate Communications P (08) 9420 7014 | P 0402 781 367 afgonline.com.au 3 AFG Mortgages lodged Table 1 Fiscal Fiscal Quarter Lodge # Lodge Volume Avg Loan Inv % First Home Buyers % Refinance % Upgrader % Interest Only % Principal & Interest % 2017 1 31,572 $15,124,154,412 $479,037 32% 8% 38% 34% 46% 54% 2017 2 30,742 $14,979,398,027 $487,262 34% 9% 38% 32% 47% 53% 2017 3 29,038 $14,150,343,319 $487,304 32% 10% 35% 34% 44% 55% 2017 4 30,056 $14,551,070,209 $484,132 31% 10% 29% 39% 33% 67% 2018 1 30,471 $14,948,327,171 $490,576 29% 13% 25% 41% 19% 81% 2018 2 29,673 $14,813,114,159 $499,212 28% 13% 22% 44% 19% 81% 2018 3 27,723 $13,794,277,704 $497,575 28% 13% 23% 43% 20% 80% 2018 4 28,865 $14,542,901,956 $503,825 28% 13% 23% 43% 19% 81% 2019 1 27,869 $14,163,790,155 $508,227 27% 14% 24% 43% 19% 81% 2019 2 25,525 $12,967,945,442 $508,049 27% 13% 24% 43% 18% 81% 2019 3 23,035 $11,613,654,328 $504,174 26% 14% 25% 43% 19% 81% 2019 4 25,244 $12,977,940,620 $514,100 28% 14% 28% 39% 20% 80% 2020 1 29,141 $15,700,098,779 $538,763 26% 15% 28% 40% 18% 82% 2020 2 28,602 $15,368,708,504 $537,330 26% 15% 27% 41% 18% 82% 2020 3 28,335 $15,344,491,297 $541,538 25% 15% 30% 39% 17% 83% 2020 4 31,070 $16,853,561,725 $542,438 25% 15% 32% 38% 16% 84% 2021 1 35,442 $18,187,912,093 $513,174 21% 23% 23% 40% 14% 86% 2021 2 36,548 $19,837,527,015 $542,780 21% 22% 22% 42% 12% 88% 2021 3 35,831 $20,558,636,564 $573,767 23% 18% 23% 43% 14% 86% 2021 4 38,160 $22,638,426,110 $593,250 25% 14% 27% 42% 16% 84% 2022 1 40,098 $24,115,142,335 $601,405 27% 14% 26% 41% 17% 83% 2022 2 39,422 $24,602,349,728 $624,077 26% 13% 25% 43% 17% 83% 2022 3 35,691 $21,973,816,059 $615,668 26% 13% 24% 44% 17% 83% 2022 4 36,896 $22,530,982,126 $610,662 27% 11% 29% 42% 17% 83% 2023 1 36,156 $21,531,437,869 $595,515 27% 12% 29% 41% 18% 82% 2023 2 33,449 $20,074,377,882 $600,149 27% 11% 31% 39% 18% 82% 2023 3 32,444 $19,409,867,530 $598,258 28% 12% 31% 38% 17% 83% 2023 4 37,270 $22,437,575,557 $602,028 29% 11% 33% 37% 18% 82% 2024 1 34,517 $20,882,919,747 $605,004 30% 12% 30% 38% 19% 81% 2024 2 33,867 $21,132,159,361 $623,975 30% 12% 28% 38% 19% 80% 2024 3 32,318 $20,318,157,274 $628,695 31% 12% 27% 39% 19% 80% 2024 4 36,395 $23,314,816,089 $640,605 32% 12% 26% 39% 21% 79% 2025 1 37,202 $24,183,546,844 $650,060 32% 11% 26% 39% 21% 78% 2025 2 37,426 $25,235,764,797 $674,284 33% 11% 24% 40% 21% 79% 2025 3 35,686 $24,082,889,294 $674,855 33% 12% 20% 42% 20% 79% 2025 4 40,810 $27,682,783,533 $678,333 34% 12% 19% 42% 21% 78% 2026 1 43,799 $30,590,907,820 $698,438 36% 11% 17% 42% 22% 77% 2026 2 43,501 $31,553,347,309 $725,348 35% 13% 16% 42% 24% 75% 2026 3 40,784 $29,542,025,350 $724,353 35% 12% 15% 43% 24% 75% 2026 4 38,583 $28,063,140,640 $727,345 34% 12% 16% 44% 25% 74% 2027 1 36,720 $26,810,933,055 $730,145 32% 12% 15% 46% 22% 78% 4 Table 2 Major Lenders (including Macquarie Bank)* vs Non-Major Lenders Market Share Lodgement Investment Volume First Home Buyers Volume Refinance Volume Upgrader Volume Interest Only Volume Principal & Interest Volume Fiscal Fiscal Quarter Major Non- Major Major Non- Major Major Non- Major Major Non- Major Major Non- Major Major Non- Major Major Non- Major 2017 1 71.1% 28.9% 74.4% 25.6% 77.0% 23.0% 65.4% 34.6% 73.4% 26.6% 75.6% 24.4% 67.4% 32.6% 2017 2 65.2% 34.8% 68.4% 31.6% 68.3% 31.7% 58.2% 41.8% 69.0% 31.0% 69.8% 30.2% 61.3% 38.7% 2017 3 65.6% 34.4% 67.3% 32.7% 70.2% 29.8% 58.0% 42.0% 69.4% 30.6% 69.0% 31.0% 62.8% 37.2% 2017 4 64.7% 35.3% 68.5% 31.5% 70.0% 30.0% 57.5% 42.5% 66.0% 34.0% 62.6% 37.4% 65.7% 34.3% 2018 1 64.3% 35.7% 68.9% 31.1% 68.0% 32.0% 57.6% 42.4% 64.2% 35.8% 58.3% 41.7% 65.9% 34.1% 2018 2 64.1% 35.9% 66.5% 33.5% 69.5% 30.5% 57.5% 42.5% 64.3% 35.7% 63.5% 36.5% 64.3% 35.7% 2018 3 63.2% 36.8% 65.0% 35.0% 67.6% 32.4% 58.9% 41.1% 63.2% 36.8% 65.0% 35.0% 62.9% 37.1% 2018 4 59.2% 40.8% 57.2% 42.8% 68.4% 31.6% 54.1% 45.9% 59.9% 40.1% 59.5% 40.5% 59.3% 40.7% 2019 1 59.7% 40.3% 57.1% 42.9% 68.2% 31.8% 55.4% 44.6% 60.5% 39.5% 57.8% 42.2% 60.2% 39.8% 2019 2 57.9% 42.1% 56.5% 43.5% 67.8% 32.2% 53.1% 46.9% 58.1% 41.9% 57.4% 42.6% 58.1% 41.9% 2019 3 58.6% 41.4% 56.5% 43.5% 68.2% 31.8% 53.1% 46.9% 59.6% 40.4% 60.2% 39.8% 58.4% 41.6% 2019 4 57.6% 42.4% 56.2% 43.8% 65.5% 34.5% 51.5% 48.5% 59.0% 41.0% 55.4% 44.6% 58.3% 41.7% 2020 1 54.0% 46.0% 50.1% 49.9% 65.1% 34.9% 45.0% 55.0% 57.1% 42.9% 47.5% 52.5% 55.5% 44.5% 2020 2 53.1% 46.9% 48.2% 51.8% 64.0% 36.0% 46.7% 53.3% 55.2% 44.8% 44.8% 55.2% 55.0% 45.0% 2020 3 59.5% 40.5% 54.0% 46.0% 61.7% 38.3% 61.0% 39.0% 60.6% 39.4% 52.5% 47.5% 61.1% 38.9% 2020 4 66.8% 33.2% 64.4% 35.6% 66.9% 33.1% 71.1% 28.9% 65.7% 34.3% 62.2% 37.8% 67.7% 32.3% 2021 1 58.9% 41.1% 54.6% 45.4% 63.9% 36.1% 58.1% 41.9% 58.9% 41.1% 54.6% 45.4% 59.6% 40.4% 2021 2 58.7% 41.3% 54.6% 45.4% 65.0% 35.0% 58.0% 42.0% 57.5% 42.5% 54.4% 45.6% 59.4% 40.6% 2021 3 57.1% 42.9% 51.6% 48.4% 62.0% 38.0% 58.1% 41.9% 56.9% 43.1% 51.8% 48.2% 58.1% 41.9% 2021 4 59.3% 40.7% 54.6% 45.4% 64.8% 35.2% 61.1% 38.9% 59.3% 40.7% 54.0% 46.0% 60.3% 39.7% 2022 1 57.3% 42.7% 53.4% 46.6% 65.8% 34.2% 53.1% 46.9% 58.7% 41.3% 53.3% 46.7% 58.2% 41.8% 2022 2 53.5% 46.5% 51.9% 48.1% 63.9% 36.1% 47.3% 52.7% 54.5% 45.5% 52.2% 47.8% 53.9% 46.1% 2022 3 50.8% 49.2% 49.3% 50.7% 60.2% 39.8% 43.9% 56.1% 51.9% 48.1% 50.4% 49.6% 50.9% 49.1% 2022 4 56.4% 43.6% 50.1% 49.9% 66.5% 33.5% 52.3% 47.7% 58.0% 42.0% 49.7% 50.3% 57.2% 42.8% 2023 1 60.8% 39.2% 56.2% 43.8% 68.9% 31.1% 57.5% 42.5% 62.9% 37.1% 54.4% 45.6% 62.2% 37.8% 2023 2 59.6% 40.4% 57.3% 42.7% 66.6% 33.4% 57.3% 42.7% 60.2% 39.8% 59.0% 41.0% 59.7% 40.3% 2023 3 61.8% 38.2% 60.8% 39.2% 67.2% 32.8% 59.5% 40.5% 62.3% 37.7% 62.4% 37.6% 61.7% 38.3% 2023 4 60.4% 39.6% 62.2% 37.8% 64.6% 35.4% 59.3% 40.7% 59.1% 40.9% 62.3% 37.7% 59.9% 40.1% 2024 1 57.5% 42.5% 56.7% 43.3% 67.2% 32.8% 52.9% 47.1% 57.9% 42.1% 56.5% 43.5% 57.8% 42.2% 2024 2 60.2% 39.8% 60.3% 39.7% 71.9% 28.1% 55.1% 44.9% 60.1% 39.9% 59.3% 40.7% 60.6% 39.4% 2024 3 61.7% 38.3% 60.6% 39.4% 70.6% 29.4% 58.5% 41.5% 61.7% 38.3% 63.7% 36.3% 61.3% 38.7% 2024 4 57.2% 42.8% 57.2% 42.8% 66.5% 33.5% 53.4% 46.6% 56.7% 43.3% 58.5% 41.5% 56.8% 43.2% 2025 1 55.9% 44.1% 55.7% 44.3% 67.3% 32.7% 50.7% 49.3% 56.0% 44.0% 56.0% 44.0% 55.9% 44.1% 2025 2 61.0% 39.0% 57.5% 42.5% 70.6% 29.4% 57.8% 42.2% 62.4% 37.6% 56.8% 43.2% 62.1% 37.9% 2025 3 59.9% 40.1% 57.9% 42.1% 69.3% 30.7% 56.4% 43.6% 60.2% 39.8% 58.5% 41.5% 60.3% 39.7% 2025 4 59.7% 40.3% 57.1% 42.9% 68.6% 31.4% 55.5% 44.5% 60.8% 39.2% 56.9% 43.1% 60.5% 39.5% 2026 1 59% 41% 57% 43% 67% 33% 57% 43% 60% 40% 57% 44% 60% 40% 2026 2 59% 41% 56% 44% 73% 28% 57% 43% 59% 42% 55% 45% 60% 40% 2026 3 60% 40% 57% 43% 72% 28% 56% 44% 60% 40% 56% 44% 61% 39% 2026 4 58% 42% 54% 46% 72% 28% 52% 48% 60% 40% 55% 46% 59% 41% 2027 1 70% 30% 64% 36% 76% 24% 66% 34% 73% 27% 68% 32% 70% 30% * Major Lenders include CBA & Bankwest, Westpac & St.George & BankSA & Bank of Melbourne, NAB & UBank, ANZ & Suncorp (from August 2024) and from FY27 Q1, Macquarie Bank is included in the Major Lender category. Prior periods have not been adjusted. 5 Total lodgement volume Table 3 Fiscal Fiscal Quarter National NSW NT QLD SA VIC WA 2017 1 $15,124,154,412 $5,470,285,452 $84,174,287 $2,605,711,215 $800,951,939 $4,229,823,532 $1,933,207,986 2017 2 $14,979,398,027 $5,426,003,273 $87,187,718 $2,505,307,678 $773,351,604 $4,398,741,172 $1,788,806,582 2017 3 $14,150,343,319 $5,090,364,411 $87,970,635 $2,368,574,830 $749,783,201 $4,240,682,427 $1,612,967,814 2017 4 $14,551,070,209 $5,232,634,409 $51,531,037 $2,437,424,105 $770,982,709 $4,443,174,978 $1,615,322,970 2018 1 $14,948,327,171 $5,249,369,845 $71,240,391 $2,387,991,140 $760,134,506 $4,919,302,623 $1,560,288,667 2018 2 $14,813,114,159 $5,135,582,112 $76,497,858 $2,379,070,453 $757,818,346 $4,897,925,624 $1,566,219,765 2018 3 $13,794,277,704 $4,768,022,797 $83,500,004 $2,169,351,235 $695,742,174 $4,562,932,102 $1,514,729,392 2018 4 $14,542,901,956 $4,945,079,005 $44,071,649 $2,363,033,867 $740,025,134 $4,995,095,503 $1,455,596,797 2019 1 $14,163,790,155 $4,793,252,745 $62,523,577 $2,315,756,324 $750,066,146 $4,701,475,068 $1,540,716,295 2019 2 $12,967,945,442 $4,233,005,993 $58,969,782 $2,172,935,808 $701,327,836 $4,290,552,719 $1,511,153,304 2019 3 $11,613,654,328 $3,826,801,444 $56,350,344 $1,939,666,136 $652,995,108 $3,815,804,776 $1,322,036,519 2019 4 $12,977,940,620 $4,375,771,934 $51,732,776 $2,043,286,038 $729,805,145 $4,417,355,877 $1,359,988,850 2020 1 $15,700,098,779 $5,557,109,383 $49,180,869 $2,553,060,036 $785,196,149 $5,158,250,291 $1,597,302,050 2020 2 $15,368,708,504 $5,286,206,957 $66,968,715 $2,524,588,299 $817,886,850 $5,095,685,809 $1,577,371,875 2020 3 $15,344,491,297 $5,020,785,237 $53,037,994 $2,550,200,816 $779,188,767 $5,371,437,553 $1,569,840,930 2020 4 $16,853,561,725 $5,922,253,031 $69,845,602 $2,735,081,395 $883,758,855 $5,426,637,030 $1,815,985,812 2021 1 $18,187,912,093 $6,224,279,577 $48,487,810 $3,343,105,728 $1,031,077,355 $5,358,986,630 $2,181,974,993 2021 2 $19,837,527,015 $6,423,867,863 $43,489,534 $3,598,556,919 $1,026,932,438 $6,285,275,987 $2,459,404,273 2021 3 $20,558,636,564 $7,017,777,663 $45,770,750 $3,491,745,410 $1,046,175,670 $6,687,012,511 $2,270,154,560 2021 4 $22,638,426,110 $7,870,893,263 $41,114,893 $3,676,105,762 $1,122,201,319 $7,540,025,348 $2,388,085,526 2022 1 $24,115,142,335 $8,447,385,894 $55,538,862 $4,120,392,635 $1,245,527,275 $7,809,630,948 $2,436,666,721 2022 2 $24,602,349,728 $8,321,222,700 $46,630,392 $4,215,429,085 $1,266,884,856 $8,197,665,164 $2,554,517,532 2022 3 $21,973,816,059 $7,329,430,027 $26,567,771 $3,954,718,871 $1,158,491,913 $6,986,096,136 $2,518,511,340 2022 4 $22,530,982,126 $7,372,854,556 $25,521,644 $3,907,275,929 $1,261,941,344 $7,528,003,746 $2,435,384,907 2023 1 $21,531,437,869 $6,994,961,009 $31,548,197 $3,811,788,988 $1,211,848,123 $7,182,670,508 $2,298,621,043 2023 2 $20,074,377,882 $6,404,890,095 $30,229,707 $3,388,230,122 $1,224,558,929 $6,697,604,822 $2,328,864,207 2023 3 $19,409,867,530 $6,201,581,990 $39,660,075 $3,494,259,475 $1,153,951,233 $6,255,551,955 $2,264,862,802 2023 4 $22,437,575,557 $7,252,899,507 $25,883,429 $3,861,045,027 $1,361,058,361 $7,364,106,247 $2,572,582,986 2024 1 $20,882,919,747 $6,741,066,376 $30,800,503 $3,776,231,618 $1,245,837,898 $6,829,752,548 $2,259,230,804 2024 2 $21,132,159,361 $6,565,631,430 $34,006,441 $3,799,705,580 $1,332,488,824 $6,891,166,307 $2,509,160,779 2024 3 $20,318,157,274 $6,441,181,223 $15,421,016 $3,859,568,772 $1,306,770,098 $6,276,772,638 $2,418,443,528 2024 4 $23,314,816,089 $7,643,510,179 $13,972,187 $4,331,408,273 $1,446,443,034 $6,928,605,540 $2,950,876,876 2025 1 $24,183,546,844 $7,856,437,915 $15,309,694 $4,703,260,136 $1,601,322,697 $6,996,170,992 $3,011,045,410 2025 2 $25,235,764,797 $8,296,533,814 $19,453,742 $4,612,191,047 $1,643,423,372 $7,376,572,240 $3,287,590,582 2025 3 $24,082,889,294 $7,709,140,576 $16,735,805 $4,577,774,876 $1,542,255,359 $7,056,567,778 $3,180,414,899 2025 4 $27,682,783,533 $8,881,806,983 $20,990,398 $5,260,120,373 $1,709,601,653 $8,135,406,177 $3,674,857,949 2026 1 $30,590,907,820 $9,969,723,283 $23,936,176 $5,641,285,112 $1,994,513,693 $8,942,265,695 $4,019,183,860 2026 2 $31,553,347,309 $9,916,425,624 $26,443,524 $5,897,516,197 $2,012,693,649 $9,180,162,835 $4,520,105,479 2026 3 $29,542,025,350 $9,447,383,777 $23,212,175 $5,455,531,319 $1,942,605,396 $8,486,918,644 $4,186,374,039 2026 4 $28,063,140,640 $8,721,350,030 $31,776,800 $5,167,726,641 $1,845,064,236 $8,086,765,209 $4,210,457,725 2027 1 $26,810,933,055 $8,591,028,261 $35,820,236 $4,911,160,432 $1,752,459,244 $7,751,391,910 $3,769,072,972 6 Average mortgage size in dollars Table 4 Fiscal Fiscal Quarter National NSW NT QLD SA VIC WA 2017 1 $479,037 $596,802 $408,613 $400,324 $378,701 $458,567 $444,211 2017 2 $487,262 $602,555 $384,087 $403,301 $378,167 $476,415 $444,977 2017 3 $487,304 $602,196 $418,908 $403,987 $385,097 $476,321 $440,461 2017 4 $484,132 $593,673 $393,367 $408,621 $378,118 $473,333 $434,227 2018 1 $490,576 $596,994 $397,991 $411,936 $388,617 $481,765 $441,383 2018 2 $499,212 $611,597 $460,830 $416,577 $389,024 $494,990 $440,444 2018 3 $497,575 $602,784 $444,149 $417,987 $397,794 $493,237 $440,969 2018 4 $503,825 $608,400 $393,497 $426,617 $397,649 $502,323 $443,644 2019 1 $508,227 $624,040 $390,772 $423,976 $407,645 $508,377 $442,989 2019 2 $508,049 $618,047 $409,512 $449,046 $395,337 $504,178 $443,283 2019 3 $504,174 $619,725 $405,398 $440,733 $407,867 $498,407 $431,615 2019 4 $514,100 $626,184 $413,862 $444,193 $402,318 $511,623 $441,125 2020 1 $538,763 $665,761 $413,285 $459,680 $414,570 $529,649 $457,942 2020 2 $537,330 $657,080 $426,552 $458,266 $432,059 $539,397 $444,205 2020 3 $541,538 $662,373 $438,331 $461,324 $426,019 $545,047 $458,750 2020 4 $542,438 $678,379 $396,850 $462,554 $420,037 $539,266 $444,659 2021 1 $513,174 $663,428 $375,874 $440,462 $397,792 $509,652 $416,885 2021 2 $542,780 $694,247 $443,771 $465,170 $418,132 $543,662 $451,764 2021 3 $573,767 $727,231 $423,803 $491,242 $442,545 $569,156 $467,880 2021 4 $593,250 $753,845 $419,540 $499,675 $450,502 $594,030 $470,096 2022 1 $601,405 $754,029 $478,783 $522,760 $461,991 $601,481 $467,063 2022 2 $624,077 $771,126 $480,726 $539,402 $497,794 $635,182 $484,912 2022 3 $615,668 $764,039 $442,796 $539,599 $495,294 $621,705 $490,651 2022 4 $610,662 $758,290 $510,433 $543,583 $500,373 $610,197 $479,784 2023 1 $595,515 $725,694 $463,944 $538,084 $502,216 $597,709 $465,779 2023 2 $600,149 $738,401 $479,837 $536,537 $507,484 $602,194 $478,993 2023 3 $598,258 $738,284 $535,947 $546,490 $506,119 $592,214 $478,526 2023 4 $602,028 $727,545 $507,518 $553,317 $523,484 $597,542 $481,036 2024 1 $605,004 $717,822 $504,926 $562,190 $514,596 $610,399 $476,832 2024 2 $623,975 $747,113 $618,299 $570,269 $527,509 $631,985 $508,854 2024 3 $628,695 $740,025 $571,149 $579,515 $544,942 $636,267 $518,534 2024 4 $640,605 $758,510 $481,800 $596,284 $542,552 $637,465 $537,500 2025 1 $650,060 $761,504 $493,861 $618,037 $568,652 $635,207 $556,159 2025 2 $674,284 $804,629 $511,941 $620,085 $590,734 $660,037 $578,699 2025 3 $674,855 $782,813 $577,097 $634,920 $612,979 $666,657 $578,468 2025 4 $678,333 $778,628 $499,771 $648,597 $606,887 $664,061 $594,349 2026 1 $698,438 $791,562 $569,909 $666,740 $645,892 $680,434 $621,107 2026 2 $725,348 $811,757 $562,628 $701,084 $666,897 $707,800 $661,027 2026 3 $724,353 $807,607 $595,184 $694,000 $663,685 $706,949 $669,391 2026 4 $727,345 $806,189 $512,529 $704,530 $684,879 $693,905 $699,412 2027 1 $730,145 $819,286 $587,217 $703,907 $684,020 $694,009 $689,675 7 Loan to value ratios (LVR) Table 5 Fiscal Fiscal Quarter National NSW NT QLD SA VIC WA 2017 1 69.5% 66.2% 67.9% 70.0% 70.6% 71.0% 71.6% 2017 2 69.5% 65.5% 68.1% 69.6% 70.3% 71.9% 71.4% 2017 3 69.2% 65.4% 67.3% 68.9% 70.9% 71.6% 71.1% 2017 4 67.6% 64.0% 62.7% 68.1% 69.9% 70.8% 70.0% 2018 1 68.5% 64.5% 65.5% 68.9% 68.9% 70.8% 72.3% 2018 2 68.4% 64.5% 65.9% 68.5% 70.7% 69.4% 71.2% 2018 3 68.4% 63.8% 66.1% 69.3% 70.9% 68.9% 71.2% 2018 4 68.0% 63.6% 65.9% 69.1% 69.6% 68.6% 71.1% 2019 1 67.8% 65.0% 62.2% 68.9% 70.1% 68.6% 72.1% 2019 2 68.4% 65.0% 66.8% 69.3% 69.5% 68.0% 71.9% 2019 3 68.4% 65.3% 64.0% 69.7% 70.1% 69.1% 72.0% 2019 4 69.5% 65.9% 69.8% 69.5% 70.1% 69.6% 71.9% 2020 1 70.3% 67.4% 71.8% 70.1% 70.3% 70.3% 71.9% 2020 2 69.8% 67.3% 66.8% 70.1% 71.3% 70.5% 72.7% 2020 3 70.3% 67.7% 69.4% 70.5% 70.8% 70.3% 72.8% 2020 4 70.1% 68.2% 65.9% 71.8% 70.6% 71.1% 72.7% 2021 1 72.3% 69.2% 70.3% 73.5% 73.3% 72.1% 75.3% 2021 2 73.5% 69.5% 77.2% 73.4% 72.0% 72.8% 76.1% 2021 3 72.2% 68.7% 74.9% 72.0% 71.3% 71.6% 74.3% 2021 4 69.6% 67.1% 68.0% 69.8% 69.7% 69.3% 73.5% 2022 1 69.4% 66.1% 68.9% 69.1% 70.0% 69.0% 73.4% 2022 2 68.7% 64.5% 71.5% 67.0% 68.2% 68.2% 72.6% 2022 3 66.8% 64.0% 67.4% 63.9% 67.2% 66.9% 71.3% 2022 4 65.4% 61.9% 67.1% 62.6% 64.7% 65.6% 70.7% 2023 1 65.6% 62.2% 69.5% 63.2% 64.5% 65.3% 69.0% 2023 2 65.4% 62.5% 70.1% 61.7% 64.2% 65.0% 68.6% 2023 3 65.7% 63.7% 69.2% 63.3% 64.6% 65.6% 68.0% 2023 4 65.3% 63.4% 68.3% 62.6% 64.3% 65.7% 67.3% 2024 1 65.5% 63.4% 66.5% 63.0% 65.8% 66.7% 67.7% 2024 2 65.7% 63.6% 67.3% 63.3% 65.7% 67.0% 67.4% 2024 3 65.1% 64.5% 64.1% 63.0% 65.6% 67.4% 66.3% 2024 4 66.6% 64.1% 76.1% 62.4% 64.7% 67.3% 65.2% 2025 1 64.3% 63.4% 64.6% 62.3% 64.4% 66.7% 64.5% 2025 2 64.7% 64.4% 66.2% 62.8% 63.8% 67.7% 63.2% 2025 3 64.9% 64.7% 68.8% 61.8% 63.8% 67.9% 62.5% 2025 4 63.1% 64.6% 58.8% 61.9% 62.8% 68% 62.7% 2026 1 65% 65% 71% 61% 64% 68% 63% 2026 2 65% 65% 67% 63% 64% 69% 64% 2026 3 64% 65% 64% 60% 63% 68% 61% 2026 4 63% 63% 68% 59% 63% 68% 60% 2027 1 63% 64% 63% 59% 64% 68% 60% 8 Lender product type Table 6 Fiscal Fiscal Quarter Basic Variable Equity Fixed Intro Standard Variable 2017 1 8.5% 2.7% 16.2% 6.1% 66.4% 2017 2 10.8% 2.4% 16.7% 5.0% 65.1% 2017 3 9.7% 2.0% 18.3% 4.7% 65.4% 2017 4 8.9% 1.7% 24.0% 2.3% 63.1% 2018 1 8.3% 1.1% 26.4% 2.5% 61.6% 2018 2 9.3% 1.0% 21.8% 3.6% 64.3% 2018 3 10.1% 0.8% 19.6% 5.0% 64.5% 2018 4 10.6% 0.6% 15.6% 5.2% 67.9% 2019 1 11.4% 0.5% 18.9% 5.0% 64.2% 2019 2 10.5% 0.5% 23.1% 2.8% 63.1% 2019 3 9.5% 0.4% 22.4% 2.6% 65.1% 2019 4 9.1% 0.4% 22.2% 2.7% 65.7% 2020 1 10.2% 0.4% 14.6% 2.1% 72.7% 2020 2 12.3% 0.3% 14.1% 1.0% 72.2% 2020 3 14.4% 0.3% 14.5% 0.9% 69.9% 2020 4 9.0% 0.3% 31.3% 0.6% 58.8% 2021 1 9.5% 0.2% 29.2% 1.0% 60.2% 2021 2 8.1% 0.1% 29.3% 2.7% 59.8% 2021 3 6.4% 0.1% 34.1% 1.8% 57.5% 2021 4 5.6% 0.2% 38.0% 1.6% 54.5% 2022 1 5.6% 0.2% 38.2% 1.6% 54.4% 2022 2 7.6% 0.1% 34.0% 1.3% 57.1% 2022 3 15.1% 0.1% 20.0% 0.1% 64.7% 2022 4 20.1% 0.1% 7.7% 2.6% 69.5% 2023 1 24.4% 0.1% 3.6% 4.2% 67.6% 2023 2 22.3% 0.1% 4.8% 3.4% 69.4% 2023 3 19.1% 0.1% 5.6% 2.9% 72.3% 2023 4 13.6% 0.1% 8.0% 1.6% 76.7% 2024 1 13.1% 0.1% 4.8% 0.8% 81.2% 2024 2 11.3% 0.1% 2.3% 0.2% 86.1% 2024 3 10.7% 0.1% 1.6% 0.2% 87.5% 2024 4 10.6% 0.0% 2.3% 0.2% 86.9% 2025 1 10.7% 0.1% 3.0% 0.1% 86.1% 2025 2 9.0% 0.0% 4.6% 0.1% 86.0% 2025 3 9.8% 0.1% 3.3% 0.2% 86.0% 2025 4 9.5% 0.1% 2.3% 0.1% 87.2% 2026 1 9.3% 0.1% 1.8% 0.1% 88.1% 2026 2 8.4% 0.1% 3.2% 0.1% 87.8% 2026 3 7.4% 0.1% 5.4% 0.0% 86.5% 2026 4 7.5% 0.1% 3.8% 0.0% 87.5% 2027 1 8.5% 0.1% 1.5% 0.0% 89.1%