Banks

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. One broker’s analysis of the insurance sector suggests the upside story rests with once avoided Suncorp rather than long favoured QBE.

As Australian bank share prices fly high, Australian credit growth has again sagged to the depths of the 2009 GFC impact and the nineties recession.

How fairly valued are Australia’s major banks? This is the question brokers are grappling with as they focus on the outlook for margins.

National Australia Bank updated the market on its IT strategy but there were few surprises. For brokers, the focus remains on stopping costs getting out of hand.

With funding costs falling, Australian banks may now face mortgage rate competition. With valuations stretched, are share prices vulnerable?

The Chartist sees scope for more blue sky for CBA even if a pullback eventuates.

Austbrokers pleased the market on many fronts and brokers expect the good news to continue.

McMillan Shakespeare has produced a strong first half and brokers expect more of the same is on the way.

The Chartist reports that while there may be more upside for banks until yield becomes unattractive, the move remains a bear market bounce.

Economists and policymakers are increasingly concerned that central bank independence is being threatened.