RESIDENTS and businesses in Gladstone, Mackay and other Queensland's mining hubs may be too risky to lend to, the National Australia Bank says.
NAB chief Andrew Thorburn told the House of Representatives banking inquiry on Thursday that his bank had a list of 50 high-risk lending postcodes.
While he did not expand on the list, he said it featured "mining" towns and cities across Queensland and WA.
ARM Newsdesk believes the high-risk list is similar to one released 12 months ago.
In September, 2015, the NAB named 80 high-risk postcodes that it considered to be of significant mortgage risk and would require home buyers to have a minimum 20% deposit.
The Queensland postcodes on the 2015 list included Gladstone and Mackay. The full list is at the end of this story.
Mr Thorburn also said the bank only lent money to people it believed could sustain a mortgage with an interest rate well above 7%.
"We want to make sure that we're disciplined," he said.
The Standing Committee on Economics has been hearing evidence all week from the chief of executives from Australia's big four banks.
The inquiry is part of the Federal Government promise to increase accountability across the banking sector.
AUSTRALIA'S HIGH-RISK LENDING HOT SPOTS
NAB high-risk regions "significant deterioration in credit risk has been observed."
4210 Guanaba, Maudsland, Oxenford
4211 Advancetown, Beechmont, Binna Burra
4720 Emerald, Yamala
4740 Mackay Region
4743 Suttor, glanden
4746 May Downs, Middleount
4805 Bogie, Bowen, Gumlu
6390 Bannister, Boddington, Crossman
6429 Boorabbin, Bullabulling, Collgardie
6436 Menzies, Ularring
6437 Leinster, Sir Samuel
6438 Leonora, Lake Darlot
6440 Bandya, Beadell, Cosmo, Newbery
6442 Kambalda East, Kambalda West
6642 Angelo River, Capricorn, Karalundi
6646 Wiluna, Lake Carnegie, Little Sandy Desert
6710 Cane, Onslow, Peedamulla, Talandji, Yannarie
6713 Dampier Archipelago, Dampier
6714 Atonyymyre, Balla Balla, Banynton
6716 Pannawonica, Fortescue, Hamersley Range, Millstream
6718 Roebourne, Whim Creek
6720 Cossack, Point Samson, Wickham
6721 Indee, Mundabullangana, Pardoo
6722 Boodarie, De Grey, Finucane, Pippingarra, South Hedland
6751 Chichester, Innawanga, Juna Downs
6760 Marble Bar
Olympic Dam, Roxby Downs, Roxby Downs Station
7467 Queenstown, Lake Margaret
7468 Strahan, Macquarie Heads
7469 Zeehan, Trial Harbour, Renison Bell
NAB areas "exhibiting characteristics which may indicate future deterioration in credit risk".
New South Wales:
2205 Arncliffe, Turrella, Wolli Creek
2113 East Ryde, Macquarie Park, North Ryde
2769 The Ponds
2209 Beverly Hills, Narwee
2019 Banksmeadow, Botany
2017 Waterloo, Zetland
2067 Chatswood, Chatswood West
2211 Padstow, Padstow Heights
2008 Chippendale, Darlington
2141 Berala, Lidcombe, Rockwood
2153 Baulkham Hills, Bella Vista, Winston Hills
2210 Lugarno, Peakhurst, Peakhurst Heights, Riverwood
2166 Cabramatta, Cabramatta West, Canley Vale/Heights, Lansvale
2767 Bungarribee, Doonside, Woodcroft
2127 Newington, Sydney Olympic Park, Wentworth Point
2566 Varroville, Bow Bowing, Minto, Raby, St Andrews
2140 Homebush, Homebush West
2037 Forest Lodge, Glebe,
2768 Glenwood, Parklea, Stanhope Gardens
2142 Camellia, Clyde, Granville, Holroyd, Rosehill, South Granville
2150 Harris Park, Parramatta
2220 Hurstville, Hurstville Grove
2168 Ashcroft, Busby, Cartwright, Green Valley
2151 North Rocks, North Parramatta
2146 Toongabbie, Old Toongabbie
2195 Lakemba, Wiley Park
2112 Denistone East, Putney, Ryde
3000 Melbourne CBD
3004 St Kilda Road Central
3006 South Bank, South Wharf
5000 Adelaide CBD
5001 Adelaide CBD
6000 Perth CBD
4000 Brisbane CBD
- ARM NEWSDESK