David Johnston WA, Liberal Party, Shadow Minister for Defence
asked the Minister representing the Minister for Financial Services and Superannuation, upon notice, on 28 September 2010:
What percentage of total loans by banks were defaulted in each of the following financial years: (a) 2004-05; (b) 2005-06; (c) 2006-07; (d) 2007-08; and (e) 2008-09.
Nick Sherry Tasmania, Australian Labor Party, Minister Assisting the Minister for Tourism
The Minister for Financial Services and Superannuation has provided the following answer to the honourable senator's question:
The best available public data that includes banks' loan defaults is the Reserve Bank of Australia's collection B5—Consolidated group impaired assets, which is released as part of their quarterly Bulletin publication. The data is available from www.rba.gov.au.