Banks

The Treasurer has re-eased bank lending restrictions recently tightened as a result of the Royal Commission, in order to stimulate the economy. Will it work?

Bank of Queensland has veered conservatively, taking further provisions to account for the impact of the pandemic. Brokers assess this makes the bank’s dividend outlook highly uncertain.

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead

Dear time-conscious investor: US election remains too uncertain to call; a new strategy for dividend-seekers; plus one under-reported record from…

The current state of the economy suggests a recovery for Australia’s banks is likely to be a drawn-out affair, featuring margin headwinds, weak credit growth and elevated costs.

Weekly update on stockbroker recommendation, target price, and earnings forecast changes

A brief look at important company events and economic data releases next week

Weekly Broker Wrap: Banks will find it difficult to portray a true picture of their performance; market not yet pricing in A$ risks for companies with offshore exposure; continued support to childcare to help operators survive the pandemic

The dividend outlook for banks has weighed heavily on valuations since the onset of the pandemic and the resultant economic slump. Has the prudential regulator, APRA, set minds at rest?

An extension of repayment deferrals by APRA is considered timely, providing some relief to the banking system as government stimulus winds down from September.