Non-performing loans reached 26.0 AUD bil in 2017 in Australia, according to the National Central Bank. This is 6.63 % less than in the previous year.
Historically, non-performing loans in Australia reached an all time high of 39.1 AUD bil in 2010 and an all time low of 4.05 AUD bil in 2004. When compared to Australia's main peers, non-performing loans in Indonesia amounted to 123,023 IDR bil, 24.4 MYR bil in Malaysia and 0.501 PGK bil in Papua New Guinea in 2017.
Australia has been ranked 56th within the group of 95 countries we follow in terms of non-performing loans, 18 places behind the position seen 10 years ago.
A non-performing loan is a loan that is in default or close to being in default.