Submission to the Inquiry into Competition within the Australian Banking Sector List of tables

Senate Economics References Committee

Table 1: Business Credit

Table 2: Composition of Banks' Funding in Australia

Table 3: Average Fees on Variable Housing Loan Products

Table 4: Guarantee Scheme Pricing

Table 1: Business Credit*
Peak
Nov 2008 $ billion 		Dec 2009 $ billion Change $ billion Change per cent
Total 781 711 −71 −8
         
Major banks 512 488 −24 −6
Foreign banks 107 89 −18 −19
Other Australian banks 47 46 −2 −4
Non-bank financial institutions 103 77 −26 −11
Additional securitisation 12 11 −1 −8

* Credit levels are non-seasonally adjusted and non-break adjusted, and include securitisation. Reported percentage changes are break adjusted and seasonally adjusted.
** Includes Bankwest in November 2008 and December 2009

Sources: ABS; RBA
Table 2: Composition of Banks' Funding in Australia
Per cent of funding liabilities
June 2007 October 2010
Major Banks
Domestic deposits 44 50
Short-term capital market liabilities 23 15
Long-term capital market liabilities 21 26
Equity 7 7
Securitisation 5 1
Regional Banks
Domestic deposits 39 48
Short-term capital market liabilities 22 13
Long-term capital market liabilities 10 16
Equity 12 13
Securitisation 17 10
Foreign-owned banks
Domestic deposits 26 27
Short-term capital market liabilities 60 53
Long-term capital market liabilities 11 17
Equity 2 3
Securitisation 1 0

Note: The classification of individual banks into major, regional and foreign-owned banks is the same in both periods, and is based on their classification in October 2010. Hence the changes in funding composition are unaffected by the recent merger and acquisition activity in the Australian banking sector.

Sources: APRA; RBA
Table 3: Average Fees on Variable Housing Loan Products
$250,000 owner-occupier loan, terminated within 3 years
Setup
Fee $ 		Service
Fee $ 		Discharge
Fee $ 		Exit
Fee $ 		Total $
Current
Credit unions and building societies 595 122 106 364 1,187
Major banks 431 513 229 462 1,635
Other banks 459 468 271 676 1,874
Non-ADI 584 254 363 2,066 3,266
Change since 2008
Credit unions and building societies 13 10 14 −37 0
Major banks −23 203 115 −620 −324
Other banks 36 113 43 −28 165
Non-ADI −149 38 133 121 143

Sources: ASIC; Canstar Cannex; InfoChoice; RBA
Table 4: Guarantee Scheme Pricing
Credit Rating Fee per annum basis points
AAA to AA− 70
A+ to A− 100
BBB+ and below and unrated 150

Sources: Australian Government Guarantee Scheme Administrator