APRA has announced it will expand its quarterly property data publication to include “new and more detailed statistics” on residential mortgage lending.
The change not only contributes to APRA’s goal of becoming a more transparent regulator, but is intended to enable “more in-depth market analysis” by analysts, media and other interested parties.
The next edition of its Quarterly Authorised Deposit-taking Institution Property Exposures (QPEX) publication will include:
“APRA’s updated Corporate Plan commits us to increasing transparency of both our own operations and the industries we regulate. One of the key ways we can do that is by releasing more of the data we collect,” said APRA executive director of cross-industry insights and data division, Sean Carmody.
“With the ADI sector heavily reliant on commercial and residential property lending, enhancing QPEX will translate to greater transparency and sharper insights into one of the most crucial contributors to the economy.”
Consultation will continue separately on a proposal for quarterly publication data sources to become non-confidential, allowing more information to be disclosed to the public on an individualised basis rather than in its current aggregated form.
While the consultation period is carried out, APRA will continue to publish industry and peer group aggregate data, and mask instances where an individual entity’s confidential information could be revealed.
The next QPEX will be published on 10 March 2020 for the December 2019 reference period.
