ASX Announcements
Judo FY24 Appendix 4G & Corporate Governance Statement
Corporate Governance, Appendix 4G
- Aug 20, 2024
- 22 pages
Annual Report, Top 20 shareholders, Full Year Accounts, Full Year Audit Review, Full Year Directors' Statement, Full Year Directors' Report
- Aug 20, 2024
- 154 pages
Market Sensitive
Judo FY24 Result Investor Presentation
Preliminary Final Report, Company Presentation
- Aug 20, 2024
- 35 pages
August
- Results Wrap
- Chanticleer
Dexus’ big move and the other result that caught our eye
Dexus gives itself more wriggle room, Reliance Worldwide gets investor hearts racing, and Vicinity Centres goes further upmarket.
- James Thomson and Anthony Macdonald
- Opinion
- Chanticleer
‘People need a rate cut’: Here’s the big story of profit season
The pressure of higher-for-longer rates is the thread running through profit season. But the pain is far from over, even if the ASX 200 doesn’t believe it.
- James Thomson
June
- Opinion
- Banking products
Small bank targets a niche product the big four have long neglected
Enthusiasm about the challenge from neobanks to the banking sector has come and gone, along with several start-ups. But Avenue Bank has its own plans.
- Jennifer Hewett
April
Big four’s expensive shares send investors towards smaller rivals
With brokers warning the shares of CBA and its peers are too pricey, funds managers are increasingly looking to cheaper competitors like Judo Bank and MyState.
- Joanne Tran
March
BoQ backs Temenos amid claims software provider selling ‘vapourware’
Activist investor Hindenburg Research alleges the company has employed aggressive accounting practices and sold faulty products to local lenders.
- Lucas Baird
February
Hindenburg short attack puts Aussie banks in the crosshairs
The short-seller’s latest target Temenos is a prolific supplier to Australian banking minnows.
- Lucas Baird
Judo’s Healy steps aside as challenger bank targets regions
Judo founder Joseph Healy is stepping aside leaving his successor to grow the challenger bank to the scale it promised the market.
- Jonathan Shapiro
Loan competition among largest banks ‘diminishing’: Citi
Ahead of earning season, brokers say the major lenders, along with Macquarie, are consolidating their market share and growing faster than the broader sector.
- James Eyers
January
Judo shares leap, one day after being downgraded from buy to sell
The additional clarity on the 2024 targets has provided some relief to investors, who had watched the shares fall 30 per cent over 2023.
- James Eyers
Cost relief needs to target poor or risk more inflation
Economists warn the federal government’s new cost-of-living package should be aimed only at the most vulnerable to keep the RBA on side.
- Joanne Tran and Sarah Jones
Economists fear unintended consequences of the RBA overhaul
In The Australian Financial Review’s quarterly survey economists warn making the central bank more transparent could lead to slip-ups and muddle policy signals.
- Cecile Lefort
October 2023
Judo plots Europe jaunt to drum up investor interest
CEO Joseph Healy admits he is frustrated with the weakness in the challenger bank’s share price, and hopes a more long-term focus can help arrest the slide.
- Lucas Baird
Judo chairman lashes investors for tanking share price
Peter Hodgson said the board was “taken aback” by the falls, and attacked “short-term vicissitudes” in the market.
- Lucas Baird
- Analysis
- Hybrids
Judo belts out record margin for hybrid capital
Judo’s new hybrid offer is paying a generous interest rate of more than 10 per cent. That has investors equally excited and concerned.
- Jonathan Shapiro
ASX kicks off meetings for bond deal; three banks mandated
The exchange is in the market with a 3-year Australian dollar, senior unsecured, floating rate benchmark transaction to fund future capital expenditure.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Judo looks to get ahead of APRA with first-ever hybrid deal
Sources reckon Judo wants to get ahead of anything that would clamp down on demand for hybrids.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September 2023
- Opinion
- Monetary policy
Why Michele Bullock’s honeymoon may not last long
The recent run of data showing building inflationary pressures suggest that a rate hike is just around the corner.
- Warren Hogan
Judo Bank pitches first securitisation deal; mandates five banks
Judo Bank is hopeful of printing a $350 million to $500 million deal in its first trip to the securitisation markets.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August 2023
Big banks lashed for delaying business loan switchers
It’s not just mortgages but also SME loans where major banks take many weeks to free customers wanting to move to a new lender.
- James Eyers
Judo Bank shares sink on concerns about margins, economy
Net profit jumped by eight times as revenue doubled to $353 million, but the market is worried about tighter margins and rising bad debts.
- Updated
- James Eyers