Don’t bank on hybrids
Alongside the recent collapse in share prices has been a slump in the prices of hybrids, in many cases to below their issue price. I won’t say ‘I told you so’, because I didn’t, but my colleague...
View ArticleCBA, Telstra, JB Hi-Fi get reporting season underway
Get ready folks for the greatest show on earth. Twice a year, around the second full moon following the solstice, they start to appear early in the morning, first in ones and twos, but eventually...
View ArticleBasel III: Blue sky or bailouts ahead?
Recently I attended a FINSIA presentation laying out the Basel III framework. If I haven’t lost you already, the framework stipulates the rules governing the amount and type of capital that a regulated...
View ArticleA warning for bank investors
Recently, I shared a small personal example of a much wider issue – being that, in toto, I believe Australians pay way too much for banking services. It was already bad five years ago, but has gotten...
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