Financial Services
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Here’s something for bank investors to consider
Stuart Jackson
July 3, 2019
Most investors in Australian banking stocks don’t give much thought to how our banks capitalise their IT expenditure. But it matters, because the way they capitalise this expenditure affects the quality of their earnings base. continue…
by Stuart Jackson Posted in Financial Services.
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Financial planning in a state of flux
Dean Curnow
May 27, 2019
It’s no secret that the financial planning industry in Australia has come under a great deal of scrutiny which peaked during the Royal Commission and its findings back in February this year. But what has been some of the real-world consequences of the Royal Commission and how are they impacting advisers? continue…
by Dean Curnow Posted in Financial Services.
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Three key themes from the banks’ results
Stuart Jackson
May 17, 2019
Australia’s four major banks have now reported their interim results. Common to all of them were three key themes, which are presenting both challenges and opportunities. continue…
by Stuart Jackson Posted in Companies, Financial Services.
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A look at the NAB remediation charges
Stuart Jackson
April 24, 2019
Last week, the National Australia Bank (ASX:NAB) released details of the customer remediation charges it expects to take in its 2019 interim result following the Royal Commission into Financial Services. NAB will provide additional detail in its interim result, which is released to the market on 2 May. continue…
by Stuart Jackson Posted in Companies, Financial Services.
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Australian loan growth continues to flatline
Stuart Jackson
April 17, 2019
Reporting season is coming up for our major banks, and recent data provided by the Australian Government regulators shows that it may be a bumpy ride ahead. continue…
by Stuart Jackson Posted in Companies, Financial Services.
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Shareholders celebrate Royal Commission recommendations
Stuart Jackson
February 6, 2019
The recommendations of the final report by the Royal Commission into Financial Services were far more benign than the market feared. And that’s seen an immediate bounce in bank share prices. Can shareholders now relax? continue…
by Stuart Jackson Posted in Financial Services.
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The headwinds faced by the big four banks
Stuart Jackson
January 16, 2019
As they say, “when it rains it pours” and that can certainly be said for the major banks in Australia as they are confronted with a raft of issues and a new development with their New Zealand operations. continue…
by Stuart Jackson Posted in Financial Services.
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Westpac set to benefit most from revised mortgage rules
Stuart Jackson
December 21, 2018
From 1 January, the Australian Prudential Regulation Authority (APRA) will remove the 30 per cent cap on the proportion of new mortgages that can be interest only. This should benefit property owners, would-be investors, and the banks – with Westpac set to be the biggest beneficiary. continue…
by Stuart Jackson Posted in Editor's Pick, Financial Services.
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Have the banks been pushed below fair value?
Roger Montgomery
December 6, 2018
Slowing growth and tightening profit margins, customers entering financial stress and falling asset values; It sounds like the recipe for a disastrous investment but what if the price of the investment has factored in something even worse, which failed to eventuate? continue…
by Roger Montgomery Posted in Companies, Financial Services.
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The Great Australian Dream Damaged?
Roger Montgomery
November 8, 2018
It’s always a relief to wake up from a nightmare and while we believe that the nightmare for property investors may have only just begun, there may be relief, or even a silver lining, in the form of lower bank share prices. continue…
by Roger Montgomery Posted in Financial Services.
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