Insurance and Finance

Oz consumer sentiment is improving but is it enough to ensure a strong Christmas? There’s softness in life insurance, improvement in the housing market and modest advertising growth.

Bank result season has shown an Australian bank sector in a strong capital position, although slower bad debt reductions ahead focus attention on weak earnings growth.

Macquarie delivered a robust first half result and announced the planned sale of its stake in Sydney Airport, upon which brokers have mixed opinions.

A weak quarter for Coles and a high PE ratio afforded by the market have many analysts steering clear of an investment in Wesfarmers.

The Chartist reports a key reversal for ANZ at all-time highs which could suggest a pullback is on the cards, although clarification is needed.

Peter Switzer of the Switzer Super Report defends investment in Australian banks against negativity in the press and elsewhere.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Brokers reveal some interesting statistics regarding the performance of bank shares in relation to ex-dividend periods.

Michael Gable of Fairmont Equities suggests any further pullback in Macquarie Group will present a buying opportunity ahead of another rally.

Competition heats up in Oz insurance, Oz health care players in the US market, the advertising story continues and the outlook for slot machines in the US.

Westpac has added a small but key acquisition to its financing business and brokers take a look at how the bank’s capital metrics shape up.