TOPIC

LENDING News & Analysis

ANZ profit worse than underlying performance
Stocks
ANZ profit worse than underlying performance
The bank's capital position is strong enough to weather the rise in loan losses to come and still pay out dividends, says Morningstar's Nathan Zaia.
Nathan Zaia | 29 October 2020
Loan losses Westpac’s chief concern
Stocks
Loan losses Westpac’s chief concern
The bank can absorb the Austrac fine and build earnings momentum provided the withdrawal of covid stimulus doesn't bite too hard.
Lex Hall | 25 September 2020
CBA set to shine amid sector pain
Stocks
CBA set to shine amid sector pain
Despite its profit drop, Australia’s largest lender is growing its loan book, says Morningstar's Nathan Zaia.
Prashant Mehra | 12 August 2020
Westpac earnings tipped to recover despite exec cull
Stocks
Westpac earnings tipped to recover despite exec cull
Australia’s second largest bank remains undervalued and its earnings will recover despite the fallout from the money-laundering and child...
Lex Hall | 27 November 2019
Investors face tougher chase for yield as RBA joins sub-1pc club
Markets
Investors face tougher chase for yield as RBA joins sub-1pc club
The hunt for yield just got tougher as the RBA cut the cash rate to a historic low of 0.75 per cent, reducing the cost of borrowing for the third...
Glenn Freeman with AAP | 01 October 2019
RBA eyes cut as APRA urges scrapping of 7pc home loan buffer
Stocks
RBA eyes cut as APRA urges scrapping of 7pc home loan buffer
Scott Morrison’s dramatic election victory has received an economic double-shot in the form of a mooted fall in interest rates and a loosening...
Lex Hall with AAP | 21 May 2019
Remediation costs dent CBA's 3Q update
Stocks
Remediation costs dent CBA's 3Q update
CBA's strong balance sheet and market hegemony are enough to dispel a poor third quarter, says Morningstar's David Ellis, who retains an upbeat...
Lex Hall | 14 May 2019
Property slowdown may cap earnings for building suppliers
Stocks
Property slowdown may cap earnings for building suppliers
Australia's property market is slowing down and building approvals have plummeted in recent months as developers pull out of the market, reducing...
Nicki Bourlioufas | 12 October 2018
ANZ boss appalled at bank's impact
Stocks
ANZ boss appalled at bank's impact
The chief executive of ANZ says he was "appalled" to learn through the banking royal commission what impact the institution has had on some...
AAP | 11 October 2018
CBA well placed to weather internal, external headwinds
Stocks
CBA well placed to weather internal, external headwinds
Australia's largest lender Commonwealth Bank of Australia has retained its fair value estimate of $83 despite industry headwinds and management...
Roger Balch | 10 October 2018