In a snapshot

Non-banks’ share of lending market

The Reserve Bank of Australia’s (RBA) March 2026 Financial Stability Review noted the strong growth in traditional non-banks. At 6 per cent of Australian financial system assets, they remained a relatively small segment. However, the RBA also noted the non-banks had helped increase the availability of credit to borrowers, and “risks to financial stability remain contained”.

Non-banks’ share of the mortgage market

Non-bank lenders are continuing to gain ground in the lending market, with PwC analysis of Australian Prudential Regulatory Authority (APRA) data showing that the non-bank segment grew lending at an annualised pace of 8.6 per cent over the six months to March 2026, compared with 4.7 per cent lending growth among the major banks.