Book is growing 3% every qrt in $NZs with management saying they are expecting significant growth in FY22, maybe we see 5% qrt on qrt growth next FY?
Aus Q3 to Q4 originations grew 75%. That is unbelievable! I was posting here hoping to see 25% lol.
Management say $1b p.a. Aus originations is the goal.
No commentary on provisions or impairments but 90 day arrears looking good at 0.69%
All future growth will be generating big economies of scale.
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