Advisers increased origination of BNZ home loans

Because its latest results show advisers originated 42.9% of its home loans in the six months ended March, up from 42% in the same six months a year earlier.

BNZ’s homeloan book grew 6.6% to $66.2 billion in the latest six months, up from $62.1 billion a year earlier with advisers having originated 40% of the book at March 31, up from 38.9% a year earlier.

NAB is also trying to reduce its reliance on advisers and its results showed its own proprietarily originated home loans rose to 47.7% of all drawdowns in the latest six months from 41.4% in the six months ended September and 35.3% in the six months ended September 2023.

Advisers still remain the dominant channel at NAB, accounting for 53.8% of total loans on the books at March 2026.