Housing loans make up the majority of total loans on repayment deferral and have a higher incidence of deferral, with 0.7 per cent of these loans subject to deferral, compared to 0.5 per cent of SME loans.
As expected, exits from deferral continue to significantly outweigh entries into deferral, with $22 billion in loans expiring or exiting deferral and less than $500 million entering or being extended.
Victoria remains the state with the highest proportion of loans subject to deferral, at 0.7 per cent compared with the rest of the country at 0.4 per cent, though this difference tightened in February.
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