Insurance and Finance

National Australia Bank has launched its de-merger proposal for Clydesdale Bank, with attention in 2016 now returning to local territory, and dividends.

Business credit growth is accelerating and mortgages have recently re-priced. Brokers take a peek at how Australia’s banking sector is likely to play out over FY16.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. CLSA’s bank analysts believe a combination of ongoing regulatory pressure and subdued earnings will result in dividend cuts and further capital raisings by Australia’s big banks.

Michael Gable of Fairmont Equities suggests weakness in CBA will proceed a push higher.

Thorn Group produced a solid first half result but regulatory concerns are weighing on the stock.

With ANZ’s payout ratio already above the bank’s target, at least one broker believes the chance of a dividend cut is elevated.

Cover-More continues to deliver robust premium growth although margins are under pressure from the falling Australian dollar.

Stock picks; wealth managers and life insurers; media law reform; potential in Rhipe and SpeedCast; choice in retail A-REITs.

Disappointing results, further regulatory uncertainty and questions over dividend sustainability are impacting on bank stock valuations going forward.

In the wake of FY15 results brokers remain upbeat on the outlook for vehicle fleet leasing and management provider Eclipx.