Margin squeeze: banks hit as earnings drop
Among concerns for investors are heightened competition in mortgages and deposits crimping margins, and for NAB, the fact that arrears are still rising.
Our Team
Latest
‘It’s risk on for investors’
The financial services company says rate cuts could see investors shift asset preferences.
UGC pushed clients into First Guardian funds
Failed advice firm United Global Capital recommended clients invest in the now-suspended First Guardian funds.
Bendigo smashed on margins hit
The regional lender increased deposits and home lending well above its peers over the six months to December 31, but it came at a cost.
Call to make unions stump up for industry super fund fines
Unions would be forced to pay millions of dollars for risk reserves in industry super funds under a proposed shake-up of governance standards.
IAG punished on premium slowdown
The insurer’s interim net profit jumped 90 per cent in the first half, but investors are more concerned about the premium outlook.
‘Ease home-loan rules and watch prices leap’
A loosening of lending rules to make it easier for Australians with student debts to get a mortgage risk driving housing prices even higher and could force young people to take on more debt, economists warn.
Mortgage lending changes ‘force more debt on graduates’
Lenders have gotten behind proposed changes to the treatment of student debt for home loans, but economists argue it will see borrowers take on more debt.
More big paydays coming for Suncorp investors ‘soon’, says boss
Suncorp will splash the cash as it hands out proceeds from its bank sale and bumper dividends, after hitting net profit of $1.1bn in the first half of the financial year.
APRA investigates Cbus spending
The construction industry super fund handed more than $2m to unions in fiscal 2024 and is facing a fresh insurance scandal.
Original URL: https://www.theaustralian.com.au/author/cliona-odowd/page/6