Data › APRA monthly banking statistics › August 2026
APRA Monthly Briefing · Aug 2026
Australian banks in August 2026: $6.06 trillion of assets, lending up 0.6%, deposits down 0.3%
System Assets $6.06tn +0.02% MoM · +6.61% YoY118 ADIs reportingSource · APRA MADIS
This monthAugust
Funding gap widens $19.9bn as deposit growth stalls. Lending grew +$9.0bn in August against −$10.8bn of new deposits; the funding gap now sits at $641.9bn - this month alone is roughly a third of the past year's move. Excluding Westpac's $15.4bn RAMS portfolio sale (1 August 2026), lending grew +$24.4bn and the gap widened +$35.3bn. Consumer credit (cards + personal) grew +0.60% - above its +0.36% typical month.
The numbers · tap a row for detail
Total lending*$4.13tn+0.59%below avgHousing lending*$2.50tn+0.31%below avgOwner-occupier housing*$1.69tn−0.27%below avgInvestor housing*$818.2bn−0.39%below avgBusiness lending$1.29tn+0.77%below avgCredit cards$27.3bn+1.16%above avgPersonal lending$70.2bn+0.39%below avgTotal deposits$3.49tn−0.31%below avgHousehold deposits$1.77tn+0.32%below avgBusiness deposits$913.0bn−0.88%below avgFI, government and community deposits$807.3bn−1.04%below avgFunding gap$641.9bn+$19.9bnacceleratingWholesale funding$1.23tn−0.75%below avgNCDs$226.4bn−1.51%below avg
System & Big 5
Where the money moved this month - each card shows the system total, the move against a typical month, and which of the Big 5 drove it.
Total lending$4.13tn system
Macquarie led at 1.7× system pace
▲ +$24.4bn MoM (+0.59%)prior month +0.36% · past 12 mo +8.43%
typical month+0.67%below avg
Month-on-month · Big 5 + rest of system
Macquarie has led on pace for every one of the 6 months measured · NAB down from 2nd to 4th
Big-5 share 76.7% · past 12 mo +$321.3bn (+8.43%) · households 63% · business 31%
* Excludes the sale: Westpac sold the RAMS home loan portfolio ($15.4bn) to a non-bank consortium (Pepper Money, KKR and PIMCO) on 1 August 2026. The sold loans are taken out of the starting balance. As reported, before the sale: +$9.0bn (+0.22%).
Total deposits$3.49tn system
▼ −$10.8bn MoM (−0.31%)prior month +0.83% · past 12 mo +7.40%
typical month+0.60%below avg
Month-on-month · Big 5 + rest of system
Westpac led on pace this month, taking over from Macquarie · CBA up from 5th to 2nd
Big-5 share 79.8% · past 12 mo +$240.6bn (+7.40%) · households 51% · business 26% · financial institutions, government and community 23%
Household deposits$1.77tn system
Macquarie led at 6.2× system pace
▲ +$5.7bn MoM (+0.32%)prior month +1.90% · past 12 mo +7.27%
typical month+0.59%below avg
Month-on-month · Big 5 + rest of system
Macquarie has led on pace for 2 months running
Big-5 share 78.7% · past 12 mo +$120.1bn (+7.27%)
Housing lending$2.50tn system
Macquarie led at 3.5× system pace
▲ +$7.6bn MoM (+0.31%)prior month +0.22% · past 12 mo +6.60%
typical month+0.53%below avg
Month-on-month · Big 5 + rest of system
Macquarie has led on pace for every one of the 6 months measured
Big-5 share 80.5% · past 12 mo +$155.0bn (+6.60%) · OO 67% · INV 33%
* Excludes the sale: Westpac sold the RAMS home loan portfolio ($15.4bn) to a non-bank consortium (Pepper Money, KKR and PIMCO) on 1 August 2026. The sold loans are taken out of the starting balance. As reported, before the sale: −$7.8bn (−0.31%).
Owner-occupier housing$1.69tn system
Westpac* fell −$9.7bn - more than the system's entire net −$4.6bn fall
▼ −$4.6bn MoM (−0.27%)prior month +0.27% · past 12 mo +5.15%
typical month+0.42%below avg
Month-on-month · Big 5 + rest of system
Big-5 share 78.4% · past 12 mo +$82.5bn (+5.15%)
* These figures include a portfolio sale: Westpac sold the RAMS home loan portfolio ($15.4bn) to a non-bank consortium (Pepper Money, KKR and PIMCO) on 1 August 2026. Its owner-occupier / investor split is not published, so they are as reported. Housing lending in total shows growth excluding the sale.
Investor housing$818.2bn system
Westpac* fell −$4.4bn - more than the system's entire net −$3.2bn fall
▼ −$3.2bn MoM (−0.39%)prior month +0.13% · past 12 mo +7.50%
typical month+0.61%below avg
Month-on-month · Big 5 + rest of system
Big-5 share 85.0% · past 12 mo +$57.1bn (+7.50%)
* These figures include a portfolio sale: Westpac sold the RAMS home loan portfolio ($15.4bn) to a non-bank consortium (Pepper Money, KKR and PIMCO) on 1 August 2026. Its owner-occupier / investor split is not published, so they are as reported. Housing lending in total shows growth excluding the sale.
Credit cards$27.3bn system
CBA led at 1.6× system pace
▲ +$0.3bn MoM (+1.16%)prior month −2.78% · past 12 mo −2.24%
typical month−0.17%above avg
Month-on-month · Big 5 + rest of system
CBA led on pace this month, taking over from NAB · NAB down from 1st to 3rd
Big-5 share 94.7% · past 12 mo −$0.6bn (−2.24%)
Personal lending$70.2bn system
ANZ led at 2.0× system pace · Westpac moved against system
▲ +$0.3bn MoM (+0.39%)prior month −0.08% · past 12 mo +7.15%
typical month+0.58%below avg
Month-on-month · Big 5 + rest of system
ANZ led on pace this month, taking over from NAB · NAB down from 1st to 3rd
Big-5 share 81.5% · past 12 mo +$4.7bn (+7.15%)
Financial institution, government and community deposits$807.3bn system
▼ −$8.5bn MoM (−1.04%)prior month +1.54% · past 12 mo +7.12%
typical month+0.59%below avg
Month-on-month · Big 5 + rest of system
Macquarie led on pace this month, taking over from Westpac · ANZ down from 2nd to 4th
Big-5 share 78.2% · past 12 mo +$53.7bn (+7.12%) · financial institutions 78% · government 16% · community service organisations 6%
Who’s growing where
The same books cut by segment - per-bank month-on-month growth RATES (fair race across book sizes), plus how each bank funds itself.
Housing: owner-occupier vs investor
Mortgage books only, split by borrower purpose.
Owner-occupier grew −0.27% vs −0.39% · Macquarie led at +1.21%
Owner-occupier·Investor· bars = MoM %
system pace: Owner-occupier −0.27% · Investor −0.39% MoM
These figures include a portfolio sale: Westpac sold the RAMS home loan portfolio ($15.4bn) to a non-bank consortium (Pepper Money, KKR and PIMCO) on 1 August 2026. Its owner-occupier / investor split is not published, so they are as reported. Housing lending in total shows growth excluding the sale.
Lending: household vs business
Household = mortgages + credit cards + personal lending. Mortgages alone appear under Housing lending.
Business grew 2.4× household pace · CBA led at +1.15%
Household·Business· bars = MoM %
system pace: Household +0.32% · Business +0.77% MoM
* Excludes the sale: Westpac sold the RAMS home loan portfolio ($15.4bn) to a non-bank consortium (Pepper Money, KKR and PIMCO) on 1 August 2026. The sold loans are taken out of the starting balance.
Deposits: household vs business
Household = deposits held by natural persons; business = non-financial corporations.
Household grew +0.32% vs −0.88% · Macquarie led at +1.98%
Household·Business· bars = MoM %
system pace: Household +0.32% · Business −0.88% MoM
Funding mixdeposits vs wholesale
ANZ leans most on wholesale markets (29.9% of deposits plus wholesale) · CBA is the most deposit-funded (80.2%)
Deposits·Wholesale
system: deposits 73.9% · wholesale 26.1% · wholesale = short-term + long-term borrowings (NCDs are inside both)
Beyond the Big 5
The other ~110 ADIs - roughly a quarter of system lending the majors’ cards don’t show: regionals, foreign branches, mutuals and neobanks.
Beyond the Big 523.3% of system lending
Biggest individual movers among lending books over $5.0bn: Royal Bank of Canada +$0.5bn · Societe Generale +$0.5bn · BNP Paribas −$0.3bn
Peer groups · lending month-on-month · 12-mo share shift
share of system lending: Regional Banks 10.3% (−0.52pp yr) · Foreign Banks 8.7% (+0.26pp yr) · Mutuals 3.8% (+0.02pp yr) · Neobanks 0.5% (+0.04pp yr)
Funding gap
Lending minus deposits. When loan books grow faster than deposits, the difference has to be funded somewhere else - NCDs (short-term money-market paper) are one of the main plugs.
System funding gap$641.9bn now
Widened +$19.9bn in the month - this month alone is roughly a third of the past year's +$65.3bn move
▲ +$19.9bn MoM (+3.19%)prior month −2.18% · past 12 mo +11.32%
typical month+0.92%accelerating
driver: lending +$9.0bn vs deposits −$10.8bn
Big-5 gap month-on-month
gap $641.9bn · past 12 mo +$65.3bn · prior month −$13.9bn
* The gap is as APRA reports it, after Westpac sold the RAMS home loan portfolio ($15.4bn) to a non-bank consortium (Pepper Money, KKR and PIMCO) on 1 August 2026. Excluding the sale, this month: the system gap moved +$35.3bn, Westpac +$6.2bn.
Household funding gap$829.5bn now
Narrowed −$12.9bn in the month - this month alone is nearly half of the past year's +$23.5bn move
▼ −$12.9bn MoM (−1.53%)prior month −3.23% · past 12 mo +2.92%
typical month+0.25%narrowing
driver: household lending −$7.2bn vs deposits +$5.7bn
Big-5 gap month-on-month
gap $829.5bn · past 12 mo +$23.5bn · prior month −$28.1bn
* The gap is as APRA reports it, after Westpac sold the RAMS home loan portfolio ($15.4bn) to a non-bank consortium (Pepper Money, KKR and PIMCO) on 1 August 2026. Excluding the sale, this month: the system gap moved +$2.5bn, Westpac +$0.5bn.
Wholesale funding$1.23tn system
Westpac took 81% of the system's −$9.3bn move
▼ −$9.3bn MoM (−0.75%)prior month −0.73% · past 12 mo +2.57%
typical month+0.22%below avg
Month-on-month · Big 5 + rest of system
Westpac has led on pace for 3 months running · CBA up from 5th to 3rd
Big-5 share 73.2% · past 12 mo +$30.9bn (+2.57%) · short-term 38% · long-term 62% · securitised assets on balance sheet $711.9bn
Negotiable certificates of deposit$226.4bn system
ANZ was the largest mover at −$1.5bn
▼ −$3.5bn MoM (−1.51%)prior month −0.12% · past 12 mo +6.17%
typical month+0.56%below avg
Month-on-month · Big 5 + rest of system
Big-5 share 54.0% · past 12 mo +$13.2bn (+6.17%) · NCDs 18% of wholesale
NCDs are short-term IOUs banks issue to investors, usually under a year - a rising balance means more lending funded from money markets rather than customer deposits.
Cite this pagewritten 2026-10-31
Open Market Intel, "Australian banks in August 2026", from APRA Monthly Authorised Deposit-taking Institution Statistics, August 2026. https://openmarketintel.com/data/apra/2026-08
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Source figures are APRA's, published under Creative Commons Attribution 3.0 Australia at apra.gov.au.