Tag: ANZ

Interest rate spike Australian banks ASX CBA NAB ANZ WPC Qantas QBE

Big banks pass on interest rate rise, Qantas acquires Alliance and QBE forecasts hit from Ukraine war

Australia’s four major banks, Commonwealth Bank (ASX: CBA), ANZ (ASX: ANZ), Westpac (ASX: WPC) and NAB (ASX: NAB) have responded to the Reserve Bank of Australia’s (RBA) actions this week by following...
Mortgage stress Australia Josh Frydenberg Council of Financial Regulators APRA housing property ASX

No signs of mortgage stress – yet – as regulators tighten home lending screws

With the average Sydney home now worth more than $1 million (even with a broken drain the only water view), it’s an odds-on bet that the next financial meltdown will have something (or everything) to ...
Banks dividends rebound ASX ANZ MQG NAB QFN WBC 2021

Banks are back as dividends rebound

The bank bonanza is officially back, with profits and dividends bouncing back strongly after the COVID-19 pandemic. Westpac (ASX: WBC) showed the way with a better-than-expected half-year cash prof...
ME Bank of Queensland ASX BOQ big four Australia

Big four banks on notice after Bank of Queensland snaps up ME Bank for $1.3b

Australia’s cosy banking system will undergo the biggest change in many years with the announcement that Bank of Queensland (ASX: BOQ) is buying ME Bank for $1.325 billion. That deal will effective...
Commonwealth Bank coronavirus Australia prediction property housing prices fall

Commonwealth Bank wins the battle of the coronavirus horror stories, predicts housing prices could fall 32%

You could have easily been mistaken in believing that Australia’s big four banks have been trying to outdo each other with horrifying predictions. With the Commonwealth Bank (ASX: CBA) outdoing all...
Banks Australia pandemic COVID-19 outlook stimulus loans cash profit

Could banks emerge from the pandemic with a better outlook than expected?

Of the many share market gyrations we have seen since the COVID-19 pandemic began, some of the most dramatic have been Australia’s big four banks. Bank share prices have absolutely plunged, with NA...
Bank dividends APRA Westpac NAB CBA Commonwealth ANZ ASX

Bank dividends could be reduced or on hold during pandemic

Investors should prepare themselves for lower and possibly suspended dividends from the big banks and insurance companies after a raft of powerful forces combined to urge lower payouts. First and m...
IOOF ANZ ASX IFL superannuation financial planning industry Royal Commission

Royal Commission fallout doesn’t stop IOOF takeover

In a move that has sent waves of relief through the embattled financial planning industry, IOOF’s (ASX: IFL) protracted moves to take over ANZ Bank's (ASX: ANZ) superannuation business have finally be...
Dividend yield Australia's big banks CBA ANZ NAB WBC ASX

Australia’s big banks no longer a dividend yield certainty

For decades the not so secret investment rule was that you got a better yield by investing in banks than by depositing funds with them. That may still be the case but it would be a mistake to take ...
Australian banks cut dividend costs ASX 2019

Australian banks set to confess sins and cut dividends?

They say confession is good for the soul and there is going to be plenty of it over the next couple of weeks as three of Australia’s big banks outline their latest 2019 half year results. ANZ (1 Ma...
Australia's banking sector Hayne Royal Commission banks

Australia’s banking sector is about to experience major changes

Finally, Australia’s big bankers can relax for a little while as their time of giving evidence before the Hayne Royal Commission comes to an end. However, the relief will very short lived because w...