Anz Group Holdings Limited · ASX:ANZ
Anz — FY2021 Earnings Presentation
114 slides from Anz's earnings presentation, Oct 28, 2021
Slide 1: 2021 Full Year Results
2021 FULL YEAR RESULTS FULL YEAR ENDED 30 SEPTEMBER 2021 RESULTS PRESENTATION AND INVESTOR DISCUSSION PACK 28 OCTOBER 2021 Approved for distribution by ANZ’s Continuous Disclosure Committee Australia and New Zealand Banking Group Limited 9/833 Collins Street Docklands Victoria 3008 Australia ABN 11
Slide 2: Disclaimer & Important Notice
DISCLAIMER & IMPORTANT NOTICE The material in this presentation is general background information about ANZ’s activities current as at the date of the presentation. It is information given in summary form and does not purport to be complete. It is not intended to be and should not be relied upon as
Slide 3: Contents
CONTENTS 2021 FULL YEAR RESULTS CEO and CFO Results Presentations 3 CEO Presentation 3 CFO Presentation 17 Corporate Overview and Environment, Social & Governance (ESG) 35 Additional Information – Group Performance 48 Divisional Performance 58 Australia Retail & Commercial 60 Institutional 67 New Ze
Slide 4: CEO Presentation: Shayne Elliott
2021 FULL YEAR RESULTS SHAYNE ELLIOTT CHIEF EXECUTIVE OFFICER
Slide 5: Simpler, Better Balanced Foundation for Growth
SIMPLER, BETTER BALANCED FOUNDATION FOR GROWTH CAPITAL STRENGTH CAPITAL ALLOCATION RISK INTENSITY NET TANGIBLE ASSETS APRA Level 2 CET1 Ratio % % of total1 CRWA/EAD2 % NTA per share $ 12.3 100 38.7 21.09 11.4 37.3 36.6 19.59 10.6 75 17.66 9.6 33.4 16.86 50 25 0 Sep Sep Sep Sep Sep Sep Sep Sep Sep Se
Slide 6: Entering 2022 from a Position of Strength
ENTERING 2022 FROM A POSITION OF STRENGTH STRONGER CULTURE STRONGER CUSTOMERS STRONGER BALANCE SHEET 81% +$25b ~$6b INDUSTRY LEADING STAFF ENGAGEMENT NET INCREASE IN AUS & NZ RETAIL & CET1 CAPITAL ABOVE UNQUESTIONABLY (ENGAGEMENT SCORE JUL 21) COMMERCIAL DEPOSITS (SEP 21 VS SEP 20) STRONG 35.3% >530
Slide 7: Full Year 2021 Financial Snapshot
FULL YEAR 2021 FINANCIAL SNAPSHOT FY21 change 2 year change FY21 (FY21 vs FY20) (FY21 vs FY19)3 Statutory Profit ($m) 6,162 +72% +4% Cash Profit (continuing operations)1 ($m) 6,198 +65% -4% Return on Equity (%) 9.9 +376bps -95bps Earnings Per Share (cents) 218.3 +65% -4% Cash Profit (continuing oper
Slide 8: Portfolio Performance
PORTFOLIO PERFORMANCE DRIVING BENEFITS FROM DIVERSIFICATION Institutional FY21 v FY201 Australia R&C2 New Zealand (NZD) Institutional ex Markets Risk Adjusted Margins +13bps +43bps +18bps +2bps Profit Before Provisions +2% +12% -23% -3% Cash Profit after tax +57% +41% Flat +76% Risk Weighted Assets
Slide 9: Growth Opportunities – Institutional Platforms
GROWTH OPPORTUNITIES – INSTITUTIONAL PLATFORMS SCALABLE, POSITIVE OPERATING LEVERAGE, CAPITAL LIGHT PAYMENTS NPP AGENCY PAYMENTS2 PLATFORM CASH MGMT ACCOUNTS INDEXED DATA1 FY19 = 100 INDEXED DATA1 FY19 = 100 INDEXED DATA FY19 = 100 24% 112% 141% 5% 130 988 530 100 105 367% 120% 467 220 100 100 FY19
Slide 10: Growth Opportunities – Institutional Sustainability
GROWTH OPPORTUNITIES - INSTITUTIONAL SUSTAINABILITY WHERE WE SUPPORT OUR CUSTOMERS SUSTAINABLE FINANCE FEE INCOME (INDEXED DATA) INDEX FY18 = 100 2,000 63% Supporting sustainability in Participated in 81 resource extraction, 1,800 sustainable basic materials & finance deals with new technologies a t
Slide 11: Source of Competitive Advantage Is Shifting
SOURCE OF COMPETITIVE ADVANTAGE IS SHIFTING THE WORLD IS CHANGING IN RETAIL & COMMERCIAL BANKING 1 OWNERSHIP OF PHYSICAL DISTRIBUTION IS NO LONGER A MATERIAL SOURCE OF ADVANTAGE 2 APPROPRIATE, INSIGHTFUL USE OF DATA WILL BECOME A SOURCE OF ADVANTAGE 3 COMPETITION WILL BECOME MORE INTENSE AND MORE DI
Slide 12: The Bank We're Building
THE BANK WE’RE BUILDING PURPOSE-LED TRANSFORMATION WILL DRIVE BETTER OUTCOMES FOR STAKEHOLDERS Better access to capital and Better customer propositions: talent, driving greater capacity ‘purposeful’, engaging, efficient to invest and ‘safe’ Better financial outcomes Better financial wellbeing and s
Slide 13: Financial Wellbeing Principles
FINANCIAL WELLBEING PRINCIPLES GUIDING THE WAY WE ARE TRANSFORMING THE BANK AND DEVELOPING SERVICES Spend less Save regularly Borrow Build Give than you earn towards your goals within your means towards your what you can retirement 1 3 5 7 9 2 4 6 8 Put money aside Protect Pay Invest for a rainy day
Slide 14: Growth Opportunities – ANZ Plus
GROWTH OPPORTUNITIES – ANZ PLUS WHAT OUR CUSTOMERS WILL SEE FIRST IN ANZ PLUS New channel Coaches Updated brand To help you spend less, save more, create Expert support and coaching, when you need Designed for a contemporary, digital-first world, we healthy money habits it, improving your financial
Slide 15: Growth Opportunities – Strategic Partners
GROWTH OPPORTUNITIES – STRATEGIC PARTNERS VENTURES CREATION LAB 14
Slide 16: Pivoting Investment for Growth
PIVOTING INVESTMENT FOR GROWTH EXPENSES1 TOTAL INVESTMENT SPEND BY CATEGORY CHANGE THE BANK FY21 1.3 $b 0.9 ~1.0 7% Up from 18% of spend in 0.6 FY20. Growth examples incl. • ANZx 22% • Sustainability FY152 FY20 FY21 FY23 • GoBiz (Exit rate) ambition FY21 • 1835i RUN THE BANK • Platforms $1.8b $b 8.2
Slide 17: Priorities for 2022
PRIORITIES FOR 2022 RESTORE LAUNCH SEED COMPLETE CONTINUE MOMENTUM IN ANZ PLUS; POSITION PROFITABLE, HIGH BS11, RECYCLE CAPITAL GROUP SIMPLIFICATION AUSTRALIA HOME FOR A DIGITAL HOME RETURN GROWTH IN & IMPROVE RETURNS & PRODUCTIVITY LOANS LOAN PROPOSITION INSTITUTIONAL IN NZ 16
Slide 18: CFO Presentation: Farhan Faruqui
2021 FULL YEAR RESULTS FARHAN FARUQUI CHIEF FINANCIAL OFFICER
Slide 19: Overview
OVERVIEW CONTINUING OPERATIONS CASH PROFIT CASH EPS ROE $m cents % 10.9 6,470 6,198 228 9.9 218 3,758 6.2 133 FY19 FY20 FY21 FY19 FY20 FY21 FY19 FY20 FY21 18
Slide 20: Agenda
AGENDA 1 CORPORATE STRENGTH 2 FINANCIAL PERFORMANCE 3 INVESTING FOR THE FUTURE 4 FOCUS AREAS 19
Slide 21: Capital
CORPORATE STRENGTH CAPITAL APRA LEVEL 2 CET1 RATIO % Credit Impacts: +14bps 0.11 0.80 0.01 0.02 -0.17 -0.06 12.4 -0.48 12.3 -0.17 -0.03 -0.13 12.0 11.3 >50% from DTA (ex credit impacts) Sep 20 Mar 21 Cash Profit Credit Net DTA Risk Business Capital Interim Share Large/Notable Other4 Sep 21 Sep 21 (e
Slide 22: Credit Quality
CORPORATE STRENGTH CREDIT QUALITY GROSS IMPAIRED ASSETS (GIA) RISK INTENSITY $b Credit Risk Weighted Assets as a % of Exposure at Default 1 0.55% % 4 39 37 37 36 36 33 3.2 0.41% 0.40% 3 0.35% 0.33% 0.31% 2.4 2.5 Sep 16 Sep 17 Sep 18 Sep 19 Sep 20 Sep 21 2.1 2.0 2.0 LONG RUN LOSS RATES (INTERNAL EXPE
Slide 23: Financial Performance
FINANCIAL PERFORMANCE FINANCIAL PERFORMANCE CONTINUING OPERATIONS GROUP PROFIT DRIVERS $m 3,282 6,198 -839 193 555 335 3,758 -730 -356 Expenses: -21 FY20 FY21 FY20 FY21 1,501 946 2,672 1,942 65% FY20 Large / Notable Income Markets income BAU expenses2 Investment2 Provisions Tax & NCI FY21 items afte
Slide 24: Net Interest Margin
FINANCIAL PERFORMANCE NET INTEREST MARGIN CONTINUING OPERATIONS GROUP NET INTEREST MARGIN (NIM) bps 1 165 3 163 4 161 -1 -3 0 -2 Deposit / funding mix +1 Replicating portfolio volume +1 Home Loan SVR to Fixed -2 -2bps +2bps 1H21 Impact of rates Liquidity Asset pricing Asset & Wholesale 2H21 Markets
Slide 25: Net Interest Margin Drivers
FINANCIAL PERFORMANCE NET INTEREST MARGIN DRIVERS VARIABLE RATE TO FIXED SHIFT INCREASED SYSTEM LIQUIDITY COMPETITIVE PRICING $38b -4bps ~30% AVERAGE CHANGE IN AUS & NZ HL MIX IN IMPACT TO GROUP NIM IN 2H21 FROM OF THE HOUSING PORTFOLIO HAD A 2H21 (FIXED UP $22b, SVR DOWN $16b) INCREASED DEPOSITS AN
Slide 26: Australia Retail & Commercial
FUnderlying U INANCIAL NDERLYING earnings PERFORMANCE EARNINGS AUSTRALIA RETAIL & COMMERCIAL CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS INCOME RISK ADJUSTED MARGINS $m Net Interest Income as a % of average Credit Risk Weighted Assets 4,683 4,627 4,668 % 5.99 4,523 5.88 5.84 1,502 1,374 1,
Slide 27: Australia Housing
FINANCIAL PERFORMANCE AUSTRALIA HOUSING PORTFOLIO COMPOSITION HOME LOAN BALANCE & FLOWS Net Loans & Advances $b 7 25 $b 281 278 -2 275 269 265 264 2% 2% 281 2% 278 3% 3% 2% 8% 8% 8% -33 12% 8% 2% 2% 10% 3% 5% 4% 6% 22% 22% 22% 20% 21% 19% Average of prior 3 halves +20 +7 +7 -28 65% 66% 67% 62% 64% M
Slide 28: Institutional
FU INANCIAL NDERLYING PERFORMANCE EARNINGS INSTITUTIONAL CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS INCOME1 RISK ADJUSTED MARGINS2 $m Net Interest Income as a % of average Credit Risk Weighted Assets 3,057 % 13 2.07 2,790 2.03 29 1.97 829 2,507 1.90 2,448 18 14 786 828 498 857 1H20 2H20 1
Slide 29: New Zealand Division
FINANCIAL PERFORMANCE NEW ZEALAND DIVISION CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS INCOME RISK ADJUSTED MARGINS NZDm Net Interest Income as a % of average Credit Risk Weighted Assets % 5.08 1,819 1,731 4.93 1,680 3 8 1,597 4.72 1 569 508 4.44 484 469 1H20 2H20 1H21 2H21 NET LOANS & ADV
Slide 30: Provision Charge & Balance
FINANCIAL PERFORMANCE PROVISION CHARGE & BALANCE CONTINUING OPERATIONS TOTAL PROVISION CHARGE & LOSS RATES COLLECTIVE PROVISION BALANCE & COVERAGE $m $m 1,674 Collective Provision charge / (release): -145 4,285 55 10 4,195 1,048 1,064 746 -83 -41 -31 760 669 626 395 187 69 -145 3,539 3,435 -678 -76
Slide 31: Expenses
FINANCIAL PERFORMANCE EXPENSES CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS EXPENSE DRIVERS $m BAU costs: -199 (-3%) 8,649 360 8,670 8,509 53 47 9 -140 933 929 -308 1,289 In line with guidance of +1% to +2% expense growth in FY21 (FX adjusted) 7,716 7,580 7,381 +2% flat FY20 FX FY20 FX adj.
Slide 32: Productivity
FINANCIAL PERFORMANCE PRODUCTIVITY FY21 RUN THE BANK PRODUCTIVITY FY21 INITIATIVES DELIVERED $308m EVOLVING CUSTOMER • Refinement of coverage models across all businesses ACQUISITION AND DISTRIBUTION ~$130m MODELS • Investment in digital channels, reduced physical presence OPTIMISED CUSTOMER SERVICI
Slide 33: Investment Spend
INVESTING FOR INVESTMENT SPEND THE FUTURE CONTINUING OPERATIONS INVESTMENT SPEND1 EXPENSED & CAPITALISED1 $m $m 1,058 1,810 811 21% 752 663 28% 21% 339 29% 79% 1,474 72% 79% 71% 223 349 1H20 2H20 1H21 2H21 1,171 191 Investment Expensed Investment Capitalised 171 341 245 164 CAPITALISED SOFTWARE 197
Slide 34: Investment Spend – Aligned to Strategic Priorities
INVESTING FOR INVESTMENT SPEND – ALIGNED TO STRATEGIC PRIORITIES THE FUTURE CONTINUING OPERATIONS FY21 INVESTMENT SPEND1 FY21 INVESTMENT SPEND BY CATEGORY (EXAMPLES) $m Estimated share Growth Productivity & Simplification 1,810 of investment spend in FY22 • ANZx • Migration to Cloud • Sustainability
Slide 35: Focus Areas
FOCUS AREAS FOCUS AREAS Capital & Home loans Simplification investment allocation Disciplined Risk adjusted Growth initiatives execution returns 34
Slide 36: Corporate Overview and ESG
2021 FULL YEAR RESULTS INVESTOR DISCUSSION PACK CORPORATE OVERVIEW AND ENVIRONMENT, SOCIAL & GOVERNANCE (ESG)
Slide 37: Our Purpose and Strategy
OUR PURPOSE AND STRATEGY OUR ESG APPROACH SUPPORTS THE EXECUTION OF OUR STRATEGY STRATEGY To improve the financial wellbeing & sustainability of our customers We will do this by providing excellent services, tools and insights that engage and retain customers and positively change their behaviour He
Slide 38: The Bank We're Building
THE BANK WE’RE BUILDING PURPOSE-LED TRANSFORMATION WILL DRIVE BETTER OUTCOMES FOR STAKEHOLDERS Better access to capital and Better customer propositions: talent, driving greater capacity ‘purposeful’, engaging, efficient to invest and ‘safe’ Better financial outcomes Better financial wellbeing and s
Slide 39: The Bank We're Building – Giving Customers Access
THE BANK WE’RE BUILDING GIVING CUSTOMERS ACCESS TO… Propositions Platforms Partnerships People Easy to use services More agile and Integrated, A diverse team, who that improve the more resilient banking data-enabled, listen, learn and adapt to financial wellbeing infrastructure platforms Home Owner
Slide 40: The Bank We're Building – Delivering Improved Lifetime Value
THE BANK WE’RE BUILDING DELIVERING IMPROVED LIFETIME VALUE Largely completed ‘PROFITABLY GROW’ Work in progress Yet to really start ‘DIGITISE’ ‘SIMPLIFY AND STRENGTHEN’ ‘PURPOSE & • Scale up priority segments VALUES DRIVEN’ • Environmental Sustainability • Enhance data capabilities • Grow Banking Pl
Slide 41: Sustainability Performance Trends
SUSTAINABILITY PERFORMANCE TRENDS FULL YEAR 2021 DISCLOSURE COMMUNITY INVESTMENT1 MONEYMINDED & SAVER PLUS3 SUSTAINABLE FINANCE $50b TARGET4 Total community investment ($m) Estimated # of people reached Funded and facilitated ($b) 12.9 142.2 139.5 139.7 90,724 9.1 2.3 131.0 136.9 88,308 80,074 0.1 1
Slide 42: Our FY21 ESG Targets – Financial Wellbeing
OUR FY21 ESG TARGETS FINANCIAL WELLBEING TARGET PERFORMANCE Since October 2020 we have supported around 151,600 customers to build a savings habit. This includes: Support 250,000 customers o more than 3,000 Saver Plus new participants actively saving using a Progress to build a savings habit, Save
Slide 43: Our FY21 ESG Targets – Environmental Sustainability
OUR FY21 ESG TARGETS ENVIRONMENTAL SUSTAINABILITY TARGET PERFORMANCE • Since October 2019, we have funded and facilitated AU$21.95 billion towards the Fund & facilitate at least $50 target, of which AU$12.18 billion is funded and AU$9.77 billion is facilitated billion by 2025 towards sustainable sol
Slide 44: Our FY21 ESG Targets – Housing
OUR FY21 ESG TARGETS HOUSING TARGET PERFORMANCE Fund & facilitate AU$10 billion of investment by 2030 Since October 2020, we have funded and facilitated AU$1.29 billion and to deliver more affordable, NZ$150 million of investment to deliver more affordable, accessible and accessible and sustainabl
Slide 45: Our FY21 ESG Targets – Fair and Responsible Banking
OUR FY21 ESG TARGETS FAIR AND RESPONSIBLE BANKING TARGET PERFORMANCE Develop & commence Implementation of our Customer Vulnerability Framework continues, including implementation of a new implementing inclusive design principles in our product management framework, ensuring Customer Vulnerability
Slide 46: Our Approach to Climate Change
OUR APPROACH TO CLIMATE CHANGE COMMITTED TO PLAYING OUR PART & SUPPORTING OUR CUSTOMERS IN TRANSITION TO NET-ZERO EMISSIONS BY 2050 • The most important role we can play in enabling a transition to net-zero is to finance our customers’ efforts to reduce emissions, while also helping them tap into th
Slide 47: Our Resources Portfolio
OUR RESOURCES PORTFOLIO RESOURCES PORTFOLIO EXPOSURE AT DEFAULT (EAD) $b THERMAL COAL MINING EXPOSURE EXPOSURE AT DEFAULT (EAD) $b 20.0 2.0 1.7 1.5 0.6 17.3 17.0 1.3 16.2 0.8 0.5 1.0 15.3 0.7 0.8 1.2 1.0 2.9 0.7 0.9 0.4 14.0 14.2 0.5 1.1 0.7 1.5 1.2 0.5 0.8 0.9 0.6 13.0 0.3 0.4 0.0 1.7 1.0 1.2 1.2 0
Slide 48: Our ESG Related Disclosures
OUR ESG RELATED DISCLOSURES Climate Change Investor ESG Supplement ESG Briefing Human Rights Housing Financial Wellbeing Round Table ANZ-CoreLogic Housing Our financial Affordability Report, the wellbeing programs, ESG information & Annual event to Investor update on Our approach to pre-eminent guid
Slide 49: Additional Information – Group Performance
2021 FULL YEAR RESULTS INVESTOR DISCUSSION PACK ADDITIONAL INFORMATION - GROUP PERFORMANCE
Slide 50: Shareholder Returns
SHAREHOLDER RETURNS 10 YEAR PERFORMANCE EARNINGS PER SHARE1,2 DIVIDEND PER SHARE cents cents 260 260 178 181 238 233 223 228 164 160 160 160 160 219 218 145 142 203 133 60 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 SHARE PRICE DIVIDEND PAYOUT
Slide 51: FY21 Cash Profit Drivers
FINANCIAL PERFORMANCE CONTINUING OPERATIONS FY21 CASH PROFIT DRIVERS LARGE / NOTABLE ITEMS $m FY201 FY21 $m Total (after tax) -1,501 -946 Divestments incl. Gain/(Loss) on sale 23 -238 3,282 Customer remediation -279 -221 6,198 Litigation settlements - -48 193 -839 555 Restructuring -115 -92 3,758 -7
Slide 52: Risk Adjusted Performance
RISK ADJUSTED PERFORMANCE CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS GROUP1,2 AUSTRALIA R&C INSTITUTIONAL1 NEW ZEALAND2 NET INTEREST INCOME / AVERAGE CREDIT RISK WEIGHTED ASSETS % 5.88 5.84 5.99 5.68 5.08 4.93 4.72 4.22 4.21 4.32 4.44 3.95 2.07 1.97 2.03 1.90 1H20 2H20 1H21 2H21 1H20 2H20
Slide 53: Risk Adjusted Return
RISK ADJUSTED RETURN CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS GROUP1 AUSTRALIA R&C INSTITUTIONAL NEW ZEALAND1 PROFIT BEFORE PROVISIONS / AVERAGE TOTAL RISK WEIGHTED ASSETS % 3.43 3.34 3.36 3.22 3.03 2.97 2.91 2.66 2.38 2.32 2.31 2.25 1.88 1.64 1.48 1.50 1H20 2H20 1H21 2H21 1H20 2H20 1H2
Slide 54: Total Operating Income
TOTAL OPERATING INCOME TOTAL INCOME BY DIVISION NET INTEREST INCOME BY DIVISION OTHER OPERATING INCOME $b $b $b Continuing Continuing ex L/N Continuing Continuing ex L/N Continuing Continuing ex L/N 9.4 9.3 8.6 9.2 9.1 9.1 9.0 0.3 0.3 0.2 0.3 0.3 8.4 0.2 1.7 1.5 1.6 1.5 1.7 1.6 1.7 7.2 7.2 7.2 7.2 7
Slide 55: Lending Assets
LENDING ASSETS CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS AVERAGE INTEREST EARNING ASSETS $b 5 3 8 870 866 2 857 5 -15 -2 -2 2H20 Australia R&C New Zealand Institutional Markets, 1H21 Australia R&C New Zealand Institutional Markets, 2H21 ex Markets Treasury, Other ex Markets Treasury, Oth
Slide 56: Balance Sheet Composition
BALANCE SHEET COMPOSITION CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS EXPOSURE AT DEFAULT1 RISK WEIGHTED ASSETS NET LOANS & ADVANCES CUSTOMER DEPOSITS $b (EOP) $b (EOP) $b (EOP) $b (EOP) 1,080 429 630 594 612 617 414 2% 416 1% 1% 1,010 7% 0% 0% 552 2% 2% 977 3% 1% 1% 15% 512 16% 19% 19% 20
Slide 57: Expense Management
EXPENSE MANAGEMENT TOTAL EXPENSES BY DIVISION TOTAL EXPENSES BY CATEGORY FULL TIME EQUIVALENT STAFF $b $b 000s Continuing Continuing ex L/N Continuing Continuing ex L/N Continuing (EOP) 4.8 4.8 39.7 4.6 4.6 4.6 4.6 37.8 37.8 1.1 4.5 4.5 37.5 0.7 1.1 1.1 1.1 0.6 4.5 0.9 4.5 0.6 0.7 4.4 4.3 0.8 4.4 4.
Slide 58: Customer Remediation
CUSTOMER REMEDIATION CUSTOMER REMEDIATION CUMULATIVE CUSTOMER REMEDIATION CONTINUING OPERATIONS CONTINUING & DISCONTINUED OPERATIONS PRE TAX $m POST TAX $m 485 Balance Sheet1 119 $886m provisions on Balance Sheet at Sep-21 ($1,003m at Mar-21) 1,814 352 1,700 29 1,591 432 86 431 1,401 430 254 1,216 4
Slide 59: Divisional Performance
2021 FULL YEAR RESULTS INVESTOR DISCUSSION PACK DIVISIONAL PERFORMANCE
Slide 60: Australia & New Zealand
AUSTRALIA & NEW ZEALAND AUSTRALIA GROSS NEW HOME LOAN ACCOUNTS - AUS1 REGISTERED ANZ APP CUSTOMERS DIGITAL SALES – AUS #000 #m % of total retail sales 170 179 3.8 49% 3.3 40% 119 87 106 2.9 55 30% 92 64 64 FY19 FY20 FY21 Sep 19 Sep 20 Sep 21 FY19 FY20 FY21 1H 2H NEW ZEALAND GROSS NEW HOME LOAN ACCOU
Slide 61: Australia Retail & Commercial
AUSTRALIA RETAIL & COMMERCIAL FINANCIAL PERFORMANCE: CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS Balance Sheet Income Expenses / FTE Credit Quality / RWAs Profit and Returns NLAs1 ($b) & NIM NII/OOI2 Contribution ($m) Expenses ($m) Total Provision Charge ($m) Cash Profit ($m) FY20 FY21 FY2
Slide 62: Australia Retail & Commercial – Retail
AUSTRALIA RETAIL & COMMERCIAL - RETAIL CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS BALANCE SHEET CONTRIBUTION TOTAL RETAIL FY21 v FY20 2H21 v 1H21 Income drivers FY21 v FY20 2H21 v 1H21 Net Interest +3% -1% Sep-21 $b Income +3% 0% Other Operating +2% +9% 341 Expenses +2% +5% 57 NLA drivers
Slide 63: Australia Retail & Commercial – Retail: Loans & Deposits
AUSTRALIA RETAIL & COMMERCIAL - RETAIL LOANS & DEPOSITS LENDING COMPOSITION DEPOSIT COMPOSITION -1% +5% $b $b 288 284 135 141 282 134 279 7 121 123 23 274 272 7 6 117 19 21 10 14 15 16 9 8 27 28 33 36 39 27 269 265 275 281 278 24 20 16 31 29 26 49 53 57 58 63 264 45 Mar-19 Sep-19 Mar-20 Sep-20 Mar-2
Slide 64: Australia Retail & Commercial – Retail: Home Loans and Credit Cards Trends
AUSTRALIA RETAIL & COMMERCIAL - RETAIL HOME LOANS AND CREDIT CARDS TRENDS HOME LOANS FLOWS HOME LOANS GROWTH2 GROSS LOANS & ADVANCES1 ($b) % 3-MONTH ANNUALISED 13 11 12 15 9 9 6 7 7 7 10 8 4 7 8 7 3 1 5 2 8 7 8 2 2 6 2 8 13 0 8 7 -5 Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Aug- 8 1 19 19 19 20 2
Slide 65: Australia Retail & Commercial – Commercial & Private Bank
AUSTRALIA RETAIL & COMMERCIAL – COMMERCIAL & PRIVATE BANK CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS BALANCE SHEET CONTRIBUTION TOTAL COMMERCIAL & PB FY21 v FY20 2H21 v 1H21 Income drivers FY21 v FY20 2H21 v 1H21 Net Interest -4% +4% Sep-21 $b Income -4% +3% Other Operating 0% 0% 341 Expe
Slide 66: Commercial & Private Bank – Loans & Deposits
AUSTRALIA RETAIL & COMMERCIAL – COMMERCIAL & PRIVATE BANK LOANS & DEPOSITS LENDING COMPOSITION DEPOSIT COMPOSITION +4% $b $b +1% 111 107 101 58 58 58 58 57 57 86 87 90 25 28 3 3 3 3 22 3 3 14 15 17 14 14 13 12 12 12 25 21 26 30 28 26 41 41 42 42 41 42 57 62 44 46 53 42 Mar-19 Sep-19 Mar-20 Sep-20 Ma
Slide 67: Australia Commercial & Private Bank Book Composition
AUSTRALIA COMMERCIAL & PRIVATE BANK BOOK COMPOSITION & RISK WEIGHT INTENSITY DIVERSIFIED PORTFOLIO – GEOGRAPHICAL VIEW SECURITY PROFILE SEP-21 % OF EXPOSURE AT DEFAULT (EAD)1 % OF EXPOSURE AT DEFAULT (EAD)2 15% 6% 5% 5% VIC/TAS 7% 6% 5% 27% 14% 14% 13% 8% NSW/ACT QLD 73% 75% 77% WA 11% SA/NT Other S
Slide 68: New Zealand Division
NEW ZEALAND DIVISION FINANCIAL PERFORMANCE: CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS Balance Sheet Income Expenses / FTE Credit Quality / RWAs Profit and Returns NLAs1 (NZDb) & NIM NII/OOI2 Contribution (NZDm) Expenses (NZDm) Total Provision Charge (NZDm) Cash Profit (NZDm) 131 135 125
Slide 69: New Zealand Division
NEW ZEALAND DIVISION CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS NZ DIVISION FY21 v FY20 2H21 v 1H21 Income drivers FY21 v FY20 2H21 v 1H21 BALANCE SHEET CONTRIBUTION Net Interest +11% +6% Sep-21 NZDb Income +8% +5% Other Operating -4% +2% 135 Expenses +3% +12% NLA drivers FY21 v FY20 2H21
Slide 70: New Zealand Division – Balance Sheet
NEW ZEALAND DIVISION BALANCE SHEET HOUSING1 BUSINESS2 AGRI ANZ PERFORMANCE (NZDb) ANZ PERFORMANCE (NZDb) ANZ PERFORMANCE (NZDb) 95.4 98.8 100 87.6 89.5 30 30 80 25 25 20.7 20 17.9 17.6 18.1 60 20 17.2 16.9 16.5 16.1 15 15 40 10 10 20 5 5 0 0 Mar-20 Sep-20 Mar-21 Sep-21 Mar-20 Sep-20 Mar-21 Sep-21 0
Slide 71: Australia & New Zealand 90+ Days Past Due
AUSTRALIA & NEW ZEALAND 90+ DAYS PAST DUE (DPD) CONSUMER PORTFOLIO1,2,3 COMMERCIAL PORTFOLIO4,5 % of Total Portfolio Balances 5.0 AUSTRALIA COMMERCIAL 90+ Days Past Due1 as a % of Total Portfolio Balances 5.0 4.5 4.5 4.0 3.5 4.0 3.0 2.5 3.5 2.0 1.5 3.0 1.0 Mar- Sep- Mar- Sep- Mar- Sep- Mar- Sep- Mar
Slide 72: Institutional Digital Platforms
INSTITUTIONAL DIGITAL PLATFORMS PROVIDES SCALABLE OPERATING LEVERAGE, CAPITAL LIGHT PAYMENTS1 RECEIVABLES DATA1 NPP AGENCY PAYMENTS1 PLATFORM CASH MGT ACCOUNTS1 Indexed data2 Indexed data Indexed data2 Indexed data +24% +10% +112% +141% +24% +5% 130 137 988 124 530 105 +367% 100 100 +120% 467 220 10
Slide 73: Institutional
INSTITUTIONAL FINANCIAL PERFORMANCE: CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS Balance Sheet Income Expenses / FTE Credit Quality / RWAs Profit and Returns NLAs1 ($b) & NIM Product Composition2 ($m) Expenses ($m) Total Provision Charge ($m) Cash Profit ($m) 199 3,057 641 2,790 13 1,278 2
Slide 74: Institutional Income & Asset Composition
INSTITUTIONAL INCOME & ASSET COMPOSITION: CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS INSTITUTIONAL INCOME COMPOSITION1 NET LOANS & ADVANCES $m $b 199 3,057 13 165 151 158 158 147 2,790 29 129 2,657 23 111 111 114 2,541 829 2,507 108 105 19 2,448 18 14 22 786 19 14 18 14 17 815 34 49 32 26
Slide 75: Institutional NIM & Risk Adjusted Returns
INSTITUTIONAL NIM & RISK ADJUSTED RETURNS: CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS NIM EX MARKETS (NII/AIEA) RISK ADJUSTED NIM EX MARKETS3 bps +1bp bps 3 247 2 225 222 230 186 185 0 207 197 203 -2 190 -2 1H21 Funding Mix Interest Deposit Asset Earnings 2H21 1H20 2H20 1H21 2H21 1H20 2H2
Slide 76: Institutional Credit RWA
INSTITUTIONAL CREDIT RWA: CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS CREDIT RWA (AVG)1 CREDIT RWA MOVEMENT – FROM MAR 21 (EOP) $b $b 159 167 147 4 148 2 142 4 142 3 2 4 4 4 0 144 96 104 142 -3 89 91 95 90 18 19 17 18 15 18 33 35 41 42 35 30 1H19 2H19 1H20 2H20 1H21 2H21 Mar-21 FX Volume R
Slide 77: Markets Income Composition
INSTITUTIONAL MARKETS INCOME COMPOSITION: CONTINUING OPERATIONS EXCLUDING LARGE / NOTABLE ITEMS MARKETS INCOME COMPOSITION MARKETS AVG VALUE AT RISK (99% VAR) $m $m 1,508 100 40 88 131 Non-traded VaR 82 80 increased in FY20 with COVID-related volatility 67 30 and then higher HQLA, 60 before flatteni
Slide 78: Treasury
2021 FULL YEAR RESULTS INVESTOR DISCUSSION PACK TREASURY
Slide 79: Regulatory Capital
REGULATORY CAPITAL CAPITAL UPDATE APRA LEVEL 2 COMMON EQUITY TIER 1 RATIO (CET1) ● Level 2 CET1 ratio of 12.3% and 18.3% on an Internationally Comparable % basis1, which is well in excess of ‘Unquestionably Strong’ benchmark2 o Total credit impacts of +14bps primarily from benefits of negative CRWA
Slide 80: Regulatory Capital – APRA Level CET1 Ratio
REGULATORY CAPITAL APRA LEVEL 1 CET1 RATIO % Level 2: Level 2: 12.44 12.34 APRA Level 2 vs Level 1 CET1 Ratios bps Level 2 HoH mvmt (10) 0.07 Level 1 HoH mvmt (22) 0.84 0.01 0.02 -0.10 Level 2 vs Level 1 mvmt 12 -0.08 12.23 Total impact of +10bps -0.52 Level 1 CET1 ratio decline is larger relative
Slide 81: Internationally Comparable Regulatory Capital Position
INTERNATIONALLY COMPARABLE1 REGULATORY CAPITAL POSITION APRA Level 2 CET1 Ratio – 30 September 2021 12.3% Corporate Level 2 CET1 Ratio undrawn EAD Australian ADI unsecured corporate lending LGDs and undrawn and unsecured CCFs exceed those applied in many jurisdictions 1.8% % LGD adjustments Equity A
Slide 82: CET1 and Leverage in a Global Context
CET1 AND LEVERAGE IN A GLOBAL CONTEXT CET1 RATIOS1,2 LEVERAGE RATIOS1,2,3 0% 5% 10% 15% 20% 25% 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% SEB OCBC Svenska Handelsbanken Swedbank BBVA ABN Amro UOB CET1 Nordea Rabobank Leverage ● Regulators globally have Danske Bank Intesa Sanpaolo ANZ compares well on provided s
Slide 83: Balance Sheet Structure
BALANCE SHEET STRUCTURE1 Pro forma NSFR is ~119% once NSFR MOVEMENT RSF benefit associated with TFF BALANCE SHEET COMPOSITION Sep-21 and CLF 10 is removed Sep-21 % 5.5 0.6 123.8 -2.2 0.8 1.0 123.8 -1.9 Short Term Wholesale Debt & -3.8 Other Funding2 Liquid and Other Assets 23% 35% Sep-20 Retail/ Loa
Slide 84: Liquidity Coverage Ratio (LCR) Summary
LIQUIDITY COVERAGE RATIO (LCR) SUMMARY1 MOVEMENT IN AVERAGE LCR SURPLUS3 LCR COMPOSITION (AVERAGE) $b FY21 $b 226 FY20 FY21 Internal RMBS Avg LCR 139% Avg LCR 137% Other ALA2 34 HQLA2 -3 61 60 -5 -2 -1 165 Wholesale funding -22 HQLA1 Customer deposits & other3 FY20 CLF4 Liquid Retail/SME Corp/FI/ Wh
Slide 85: Term Wholesale Funding Portfolio
TERM WHOLESALE FUNDING PORTFOLIO1 ISSUANCE MATURITIES $b 32 30 27 25 24 22 22 21 19 17 11 8 8 3 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY27 FY28+ Senior Unsecured Covered Bonds Tier 2 RMBS TFF NZ FLP / TLF PORTFOLIO PORTFOLIO BY CURRENCY • ANZ’s term funding requirements depend
Slide 86: ANZ's Tier 2 Capital Profile
ANZ’S TIER 2 CAPITAL PROFILE1 ANZ’S TIER 2 CAPITAL REQUIREMENT TO PROGRESSIVELY TIER 2 CAPITAL INCREASE TO MEET TLAC REQUIREMENT Notional amount • ANZ BGL issued $11.4b since July-2019 across AUD, EUR, GBP, and USD By Format By Currency • FY22 T2 issuance expected to be ~$4b 2% • Remaining required
Slide 87: Impacts of Rate Movements
IMPACTS OF RATE MOVEMENTS CAPITAL & REPLICATING DEPOSITS PORTFOLIO PORTFOLIO EARNINGS RATE (HISTORICAL) (AUSTRALIA) FY19 Ave: 2.08% % 1H19 Ave: 2.21% 2H19 Ave: 1.95% 2.2 FY20 Ave: 1.40% 2.1 2.0 1H20 Ave: 1.64% 2H20 Ave: 1.20% 1.9 FY21 Ave: 0.88% 1.8 1.7 Portfolio Earnings Rate is a 1H21 Ave: 0.92% 2
Slide 88: Capital Framework
CAPITAL FRAMEWORK CURRENT REGULATORY PROPOSALS AND RECENT REVISED IMPLEMENTATION DATES1 First half CY2021 Second half CY2021 CY2022 Implementation Date RBNZ Capital Framework Transition 2028 Leverage Ratio Consultation Finalise 2023 Standardised Approach to Credit Risk Consultation Finalise 2023 Int
Slide 89: Risk Management
2021 FULL YEAR RESULTS INVESTOR DISCUSSION PACK RISK MANAGEMENT
Slide 90: Long Run Provisions & Loss Rates
RISK MANAGEMENT LONG RUN PROVISIONS & LOSS RATES TOTAL CREDIT IMPAIRMENT CHARGE $m 1,800 1,500 1,200 900 600 300 0 -300 -600 -900 1H08 2H08 1H09 2H09 1H10 2H10 1H11 2H11 1H12 2H12 1H13 2H13 1H14 2H14 1H15 2H15 1H16 2H16 1H17 2H17 1H18 2H18 1H19 2H19 1H20 2H20 1H21 2H21 Consumer IP Commercial IP Inst
Slide 91: Individual Provision Charge
RISK MANAGEMENT INDIVIDUAL PROVISION CHARGE INDIVIDUAL PROVISION CHARGE INDIVIDUAL PROVISION CHARGE BY DIVISION $m $m 1,047 1,047 82 892 787 892 554 81 626 787 826 435 86 430 343 398 395 626 922 380 339 554 1 969 210 812 187 79 807 61 398 612 594 592 500 69 55 430 272 43 61 343 380 3 395 532 31 495
Slide 92: Collective Provision Balance & Charge
RISK MANAGEMENT COLLECTIVE PROVISION (CP) BALANCE & CHARGE CP CHARGE CP BALANCE BY CATEGORY $m 1.39% 1.25% 1.22% $m 1H19 2H19 1H20 2H20 1H21 2H21 1.17% CP charge 13 4 1,048 669 -678 -145 0.98% 0.94% Volume/Mix -28 -51 0 46 -199 -83 5,008 Change in Risk -40 19 17 44 -112 -41 4,501 696 11 4,285 Econom
Slide 93: Collective Provision Balance
RISK MANAGEMENT COLLECTIVE PROVISION (CP) BALANCE CP BALANCE BY DIVISION CP BALANCE BY PORTFOLIO $b Mar-19 Sep-19 Mar-20 Sep-20 Mar-21 Sep-21 $b Mar-19 Sep-19 Mar-20 Sep-20 Mar-21 Sep-21 Corporate 1.59 1.62 2.22 2.30 2.13 2.09 Australia R&C 1.83 1.80 2.32 2.85 2.33 2.23 Specialised 0.18 0.19 0.29 0.
Slide 94: Portfolio Composition and Coverage Ratios
RISK MANAGEMENT PORTFOLIO COMPOSITION AND COVERAGE RATIOS PORTFOLIO COMPOSITION Sovereign Bank Corporate Resi. Mortgage Retail (ex Mortgages) Other Gross loans and advances Credit RWA Exposure at Default1 Exposure at Default1 Expected credit loss (ex Sovereign & Bank) (Collective Provision balance)
Slide 95: Expected Credit Loss
EXPECTED CREDIT LOSS ECONOMIC SCENARIOS – MODELLED OUTCOMES (COLLECTIVE PROVISION BALANCE SCENARIOS)1 SEPTEMBER 2021 $m Weightings to scenarios to determine CP balance ECONOMIC SCENARIOS BASE CASE2 5.2% 41.3% 47.7% 5.8% 5,358 30 September 2021 CY2020A CY2021 CY2022 AUSTRALIA 4,337 4,195 GDP change3
Slide 96: Impaired Assets
RISK MANAGEMENT IMPAIRED ASSETS CONTROL LIST NEW IMPAIRED ASSETS BY DIVISION Index Sep-16 = 100 $m 150 2,000 1,784 1,844 1,787 1,570 1,500 1,425 100 1,145 1,117 1,219 1,121 963 890 1,000 611 50 500 0 0 Sep- Sep- Sep- Sep- Sep- Sep- 1H16 2H16 1H17 2H17 1H18 2H18 1H19 2H19 1H20 2H20 1H21 2H21 16 17 18
Slide 97: Risk Weighted Asset and Exposure at Default – Divisional View
RISK MANAGEMENT RISK WEIGHTED ASSET AND EXPOSURE AT DEFAULT – DIVISIONAL VIEW TOTAL RISK WEIGHTED ASSETS CREDIT RWA DRIVERS $b $b 449 429 360.0 0.9 417 48 416 408 396 48 47 15 -6.6 3.2 48 47 342.5 38 22 -10.7 -4.3 12 13 19 25 178 156 157 Sep-20 FX Volume Risk Model / CVA (incl. Sep-21 144 142 144 /
Slide 98: Risk Weighted Assets & Exposure at Default
RISK WEIGHTED ASSETS & EXPOSURE AT DEFAULT EAD COMPOSITION1 EAD COMPOSITION EAD & CRWA MOVEMENT Increased exposure to the RBA via higher ESA (exchange $b $b (Sep-21 movement vs Mar-21) FX adjusted settlement account) balance 1,080 21.9 1,075 1% 1,045 1% 5% 1,010 1% 4% 968 977 1% 4% 4% 5% 5% 2.3 3.5
Slide 99: Total Portfolio Composition
RISK MANAGEMENT TOTAL PORTFOLIO COMPOSITION EXPOSURE AT DEFAULT (EAD) DISTRIBUTION % of Impaired Assets to Impaired Assets Category % of Group EAD EAD Balance3 Sep-202 Mar-21 Sep-21 Sep-202 Mar-21 Sep-21 Sep-21 TOTAL GROUP EAD (Sep-21) Consumer Lending 41.3% 41.1% 40.1% 0.2% 0.1% 0.1% $447m = $1,080
Slide 100: Segments of Interest
RISK MANAGEMENT SEGMENTS OF INTEREST COMMERCIAL PROPERTY OUTSTANDINGS BY REGION COMMERCIAL PROPERTY OUTSTANDINGS BY SECTOR $b % 7.0% 7.6% 7.3% 7.4% 6.9% 6.9% 6% 6% 9% 8% 7% 7% 46.5 47.1 46.8 3% 4% 2% 2% 2% 2% 45.2 42.4 42.9 2.4 2.1 2.2 18% 18% 2.1 21% 21% 20% 18% 2.8 2.8 11.4 10.9 10.4 10.9 10.7 10.
Slide 101: Exposure to Industries Impacted by COVID-19 Downgrades
RISK MANAGEMENT EXPOSURE TO SOME INDUSTRIES MORE IMPACTED BY DOWNGRADES DURING THE COVID-19 PANDEMIC1,2 TOTAL GROUP EAD RETAIL TRADE ACCOMMODATION, CAFES & RESTAURANTS $b $b All exposures on an EAD basis in $b 10.2 9.0 12.7 12.7 12.5 12.8 8.1 8.2 4% 5% 5% 6% $1,080b (Sep-21) 50% 17% 16% 15% 14% 53%
Slide 102: ANZ Institutional Portfolio
RISK MANAGEMENT ANZ INSTITUTIONAL PORTFOLIO INSTITUTIONAL PORTFOLIO SIZE & TENOR BY MARKET ANZ INSTITUTIONAL INDUSTRY COMPOSITION OF INCORPORATION (EAD SEP-211) EAD (Sep-21): A$456b1 $b 450 Finance 15% Government Administration & Defence 3% 29% 400 Property & Business Services 3% Services To Finance
Slide 103: ANZ Asian Institutional Portfolio
RISK MANAGEMENT ANZ ASIAN INSTITUTIONAL PORTFOLIO (MARKET OF INCORPORATION) MARKET OF INCORPORATION ANZ ASIA INDUSTRY COMPOSITION EAD (Sep-21): A$102b1 EAD (Sep-21): A$102b1 21% 7% Finance 12% Manufacturing 3% China South Korea 3% Wholesale Trade Japan India 4% 2% 7% Services To Finance & Insurance
Slide 104: Housing Portfolio
2021 FULL YEAR RESULTS INVESTOR DISCUSSION PACK HOUSING PORTFOLIO
Slide 105: Australia Home Loans
AUSTRALIA HOME LOANS PORTFOLIO OVERVIEW (UNLESS OTHERWISE STATED METRICS ARE BASED ON BALANCES) Portfolio1 Flow2 Portfolio1 FY19 FY20 FY21 FY20 FY21 FY19 FY20 FY21 Number of Home Loan 983k 1,008k 1,002k 170k3 179k3 Average LVR at Origination9,10,11 67% 69% 71% accounts Total FUM $265b $275b $278b $6
Slide 106: Australia Home Loans – Portfolio Growth
AUSTRALIA HOME LOANS PORTFOLIO GROWTH HOME LOAN FUM COMPOSITION1,2,3,4 LOAN BALANCE & LENDING FLOWS1 $b $b 281 278 14 275 5 48 4 269 265 6 5 264 8 7 22 21 278 7 21 275 6 5 -63 31 26 22 8 10 17 14 62 62 60 57 52 54 Sep-20 New Sales Net OFI Refi Redraw & Repay / Other Sep-21 excl. Refi-In Interest MAR
Slide 107: Australia Home Loans – Portfolio and Flow Composition
AUSTRALIA HOME LOANS PORTFOLIO1,2 & FLOW3,4 COMPOSITION (% of TOTAL BALANCES) BY PURPOSE BY ORIGINATION LVR4,5,6 Portfolio Flow Flow 3% 2% 2% 1% 18% 17% 22% 30% 30% 30% 31% 17% 20% 21% 67% 68% 68% 68% 65% 63% 57% Sep-19 Sep-20 Sep-21 FY21 FY19 FY20 FY21 Owner Occupied Investor Equity Manager7 <80% L
Slide 108: Australia Home Loans – Portfolio Dynamics
AUSTRALIA HOME LOANS PORTFOLIO DYNAMICS HOME LOANS REPAYMENT PROFILE1,2 HOME LOANS ON TIME & <1 MONTH AHEAD PROFILE2 70% of accounts ahead of repayments % composition of accounts (Sep-21) 32% 0 0 28% 14 13 26 Active COVID-19 deferrals3 26 30 New Accounts: Less than 6 months old 36 Structural: Loans
Slide 109: Australia Home Loans – Portfolio Performance
AUSTRALIA HOME LOANS PORTFOLIO PERFORMANCE HOME LOANS 90+ DPD BY STATE1,2 HOME LOAN DELINQUENCIES1,2,3,4 % of Portfolio Segment Balances % of Portfolio Segment Balances 2.5 2.5 2.0 1.5 1.0 2.0 0.5 0.0 Mar- Sep- Mar- Sep- Mar- Sep- Mar- Sep- 18 18 19 19 20 20 21 21 1.5 30+ DPD % 90+ Owner Occupied 90
Slide 110: Lenders Mortgage Insurance
LENDERS MORTGAGE INSURANCE SEPTEMBER FULL YEAR 2021 RESULTS LMI & REINSURANCE STRUCTURE Gross Written Premium ($m) $124.0m Australian Home Loan portfolio LMI and Reinsurance Structure at 30 Sep 21 (% New Business FUM Oct 20 to Sep 21) Net Claims Paid ($m) $19.0m 2021 Reinsurance Arrangement Loss Rat
Slide 111: New Zealand Home Loans
NEW ZEALAND HOME LOANS PORTFOLIO OVERVIEW Portfolio Flow Portfolio FY19 FY20 FY21 FY20 FY21 FY19 FY20 FY21 Number of Home Loan Accounts 527k 529k 535k 68k 82k Average LVR at Origination1 56% 58% 57% Total FUM NZD85b NZD90b NZD99b NZD20b NZD29b Average Dynamic LVR1 42% 40% 35% Average Loan Size NZD16
Slide 112: New Zealand Home Loans – Lending & Arrears Trends
NEW ZEALAND HOME LOANS HOME LENDING & ARREARS TRENDS ANZ HOME LOAN LVR PROFILE1 HOUSING FLOWS HOUSING PORTFOLIO 1% 15% 13% 10% 2% 2% 1% 4% 3% 40% 42% 46% 6% 13% 85% 87% 90% 15% 12% 60% 58% 54% 19% FY19 FY20 FY21 Sep-19 Sep-20 Sep-21 19% Proprietary Broker Fixed Variable HOUSING PORTFOLIO BY REGION2
Slide 113: New Zealand Home Loans – Macro Prudential Changes
NEW ZEALAND HOME LOANS SUMMARY OF MACRO PRUDENTIAL CHANGES1 HOUSE PRICE CHANGES BY LOCATION3 Restrictions on loan-to-value ratios (LVRs) are limits on banks to reduce the amount of low deposit mortgage Annual % change (3-mth average) lending. Below are the changes to the LVR restrictions during the
Slide 114: Further Information
FURTHER INFORMATION https://www.anz.com/shareholder/centre/ Equity Investors Retail Investors Debt Investors Jill Campbell Cameron Davis Harsh Vardhan Michelle Weerakoon Scott Gifford Group General Manager Executive Manager Senior Manager Manager Head of Debt Investor Relations Investor Relations In