Part 1 - Business credit hits new high
Outstanding business credit increased to a new seasonally adjusted high of $789.4 billion.
Part 2 - Housing credit surges
Westpac holds an astonishing $147,576 million of of outstanding investment housing assets on its books, representing a massive 31.7 per cent of APRA's captured total of $465,497 million.
As at February 2015 the share of outstanding housing credit pertaining to investors hit its highest level on record at 34.4 per cent.
Perhaps the role of Chinese investment capital has had a material role to play here?