Macquarie Group – Big Mac Becoming A Junior Whopper
* Poor Result:Macquarie Group (MQG.AU)[Macquarie] reported FY 2H20 results of AUD 1,274 mn, declining AUD 183 mn (12.6%) linked period. The results...
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Westpac – Mortgage Hardship Up Over 50%
There is no disputing the poor numbers at Westpac Banking (WBC AU). Most will recall the worsening backdrop before virus with bush fires and...
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ANZ – The Hole Has Been Dug
* Weak 1H20 Results: Australia and New Zealand Banking Group (ANZ.AU) reported a disappointing set of results, with profits declining AUD 1.2 bn...
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ANZ – At Historically Low Credit Costs
Australia’s banks stand out in Asia-Pacific and globally, in many respects, with high wholesale funding, high dividend payout ratios and operating...
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Banks – Bad Loan Delta
During 2020 there will be dramatically higher bad loans for global banks. This is despite less strict NPL recognition, interest payment holidays,...
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