{"id":38775,"date":"2026-05-06T08:21:55","date_gmt":"2026-05-05T22:21:55","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=38775"},"modified":"2026-05-06T08:21:55","modified_gmt":"2026-05-05T22:21:55","slug":"big-4-banks-are-raking-in-billions-off-home-loans","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2026\/05\/06\/big-4-banks-are-raking-in-billions-off-home-loans\/","title":{"rendered":"Big 4 banks are raking in billions off home loans"},"content":{"rendered":"\n

The big four banks – CBA, NAB, Westpac and ANZ – made a profit of $16.9 billion from owner-occupier home loans in 2025, new data<\/a> by the Australia Institute shows. <\/p>\n\n\n\n

Over the life of an average 30 year owner-occupier mortgage, the big four banks make nearly $229,000 in profit. That\u2019s just over $11,000 in the first year of a new loan, which equates to $926 each month or $214 per week. <\/p>\n\n\n\n

While owner-occupier loans make up 22.7% of the assets of the big four banks, profit on these loans made up 39.3%. The banks are disproportionately capitalising off owner-occupier mortgages. <\/p>\n\n\n\n

As anxious households await yet another potential interest rate hike, the NAB has announced half-yearly profits of $2.75 billion, while ANZ\u2019s profits rose to $3.65 billion.<\/p>\n\n\n\n

The Greens say the big banks are the real winners of Trump\u2019s invasion-induced inflation spike, while owner-occupier borrowers pay the price. And it\u2019s an especially big price for first home buyers.<\/p>\n\n\n\n

Greens spokesperson for Finance, Housing and Homelessness Senator Barbara Pocock:<\/strong><\/p>\n\n\n\n

\u201cWhile households anxiously await another possible rate increase amid rising grocery and fuel prices, the banks are making a motza off the housing crisis and fuel inflation.<\/p>\n\n\n\n

\u201cMillions of people are already in mortgage stress, caught in a painful cost of living and housing crisis. Another rate increase will punish households already doing it tough and not the billionaires and big corporations who are profiting off inflation. <\/p>\n\n\n\n

\u201cAnyone with a mortgage with one of the big banks is helping accelerate massive bank profits, while millions of renters cop it through unfair rent rises. <\/p>\n\n\n\n

\u201cHard working Australians are looking at the big banks\u2019 obscene profits and asking: how is this fair?<\/p>\n\n\n\n

\u201cEvery time the RBA puts interest rates up, mortgage holders and renters pay the price, while the big banks increase profits directly out of the pockets of owner-occupiers and first-home buyers. <\/p>\n\n\n\n

\u201cFor decades the major banks have made enormous profits price-gouging on people\u2019s mortgages, contributing to the pain of inflation.<\/p>\n\n\n\n

\u201cAustralians have had enough. They\u2019re fed up with seeing the banks and wealthy property investors profit from a housing crisis, while wages aren\u2019t keeping up with house prices and inflation.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"

The big four banks – CBA, NAB, Westpac and ANZ – made a profit of $16.9 billion from owner-occupier home loans in 2025, new data by the Australia Institute shows.  Over the life of an average 30 year owner-occupier mortgage, the big four banks make nearly $229,000 in profit. That\u2019s just over $11,000 in the first year … Continue reading “Big 4 banks are raking in billions off home loans”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-38775","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/38775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=38775"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/38775\/revisions"}],"predecessor-version":[{"id":38776,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/38775\/revisions\/38776"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=38775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=38775"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=38775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}