Banks

Weekly broker wrap: widening gap between near- and medium-term banking outlooks, China lacks growth drivers, US executives fail to find upside for profits

July saw the biggest monthly fall in Australian house prices in 40 years. Just how much further will house prices fall?

Following Suncorp Group’s sale of its banking arm to ANZ Bank, brokers weigh the strategic merit for both parties

Market sentiment for the banking sector has declined as investors struggle to balance the positive impact of rising rates on interest margins with the negative impact on the property and mortgage loan market

Brokers weigh potential impacts on Australian bank shares from rising unemployment and falling house prices

The Chartist suggests the banks are due a bounce but does not advise getting on board, as caution is still required

Michael Gable of Fairmont Equities notes Westpac’s seven-year downtrend is at risk of breaking, but it could be slow going

The conundrum for Australia’s major banks is that the benefits of rising RBA rates could yet be offset by the reason for those rate rises, being inflation and subsequent cost pressures for households and businesses

The magnitude of the challenge facing traditional banks is immense, point out the authors of a new book on the sector. Survival is linked to an ‘ambidextrous’ model.

Bank of Queensland looks likely to rely on synergies from the acquisition of ME Bank to support earnings in coming years, as limited leverage to rising cash rates makes peers a more attractive choice