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Australia's 10 biggest third-party banks have increased their investor lending over the past year, although one bank has experienced a fall in owner-occupied lending.
ING Direct made $27.2 billion of owner-occupied loans in November 2014, according to APRA statistics. That marked a 0.7 per cent decline on the previous year, and came after the bank also experienced a 1.2 per cent drop between November 2012 and November 2013.
However, ING Direct's investor book grew 3.1 per cent to $10 billion during the 12 months to November 2014. As a result, its total mortgage lending increased by 0.3 per cent to $37.2 billion.
Three lenders enjoyed double-digit growth in their owner-occupied lending over the past year – Macquarie Bank by 61 per cent to $12 billion, Bendigo & Adelaide Bank by 13.6 per cent to $19.2 billion and ME Bank by 11.5 per cent to $8.0 billion.
Next came the big four: NAB rose 7.0 per cent to $158.1 billion, ANZ also rose 7.0 per cent to $142.1 billion, Commonwealth Bank increased 5.4 per cent to $230.5 billion and Westpac by 4.9 per cent to $181.6 billion.
Australia's two other main third-party lenders also saw owner-occupier growth, with Suncorp Bank up 4.6 per cent to $25 billion and Bank of Queensland up 4.5 per cent to $13 billion.
Meanwhile, Macquarie and ME Bank led the charge with investor lending. Macquarie jumped 81.8 per cent to $6.4 billion, while ME Bank jumped 39.1 per cent to $3.4 billion.
Four other banks had double-digit increases – NAB by 11.6 per cent to $61.5 billion, Suncorp by 11.3 per cent to $11.5 billion, Westpac by 10.5 per cent to $144.6 billion and ANZ by 10.0 per cent to $57.5 billion.
They were followed by Commonwealth Bank, which climbed 9.4 per cent to $122 billion, Bendigo & Adelaide Bank, which climbed 8.0 per cent to $10.7 billion, and Bank of Queensland, which climbed 1.6 per cent to $10.6 billion.
[Related: Australia's newest bank debuts on APRA charts]
