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ARTICLE · 16 APRIL 2021

Australian banking sector property exposures and market update

APRA released its quarterly property exposure data for domestic and foreign authorised deposit-taking institutions (ADIs).

AustraliaFinance and Banking

The Australian Prudential Regulation Authority ('APRA') recently released its quarterly property exposure data for domestic and foreign authorised deposit-taking institutions ('ADIs').

A resilience-led rebound

We release our December quarter update amid the gathering pace of Australia's recovery from its first recession in almost 30 years and the commencement of the nation's COVID-19 vaccine program.

For the first time in the more than 60-year history of the National Accounts, GDP has risen by more than 3.0% in two consecutive quarters, with the 7.0% collapse recorded in the June quarter almost recovered.

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