The Australian Prudential Regulation Authority released its Quarterly Authorised Deposit-taking Institution (ADI) Performance and Quarterly ADI Property Exposures publications for the quarter ending 31 December 2024, showing broadly flat profitability alongside balance-sheet growth and slightly lower headline liquidity ratios. Net profit after tax was AUD 39.6bn for the year, total assets rose to AUD 6,621.5bn and the total capital ratio increased to 20.1%. Across ADIs (banks, building societies and credit unions), the capital base rose to AUD 449.6bn with risk-weighted assets of AUD 2,238.0bn, while the liquidity coverage ratio fell to 132.2%, the minimum liquidity holdings ratio to 17.4% and the net stable funding ratio to 116.0%. For ADIs undertaking residential mortgage lending, total credit outstanding increased to AUD 2,322.2bn, owner-occupied loans remained 67.7% of exposures and non-performing loans rose to 1.05%; new loans funded increased to AUD 179.9bn with the investment share of new lending rising to 34.4% and the share of new lending with debt-to-income ratios of at least 6x at 5.8%. Commercial property exposures increased to AUD 439.6bn, with exposure limits reported at AUD 474.6bn.