Insurance and Finance

Peter Switzer of the Switzer Super Report explains why he still considers Oz banks a valuable long term investment.

Brokers preview the upcoming earnings reports from the major banks, noting the outlook is robust but not without its challenges.

The government’s response to the financial systems inquiry is expected to underpin Challenger’s annuity growth.

Michael Gable of Fairmont Equities reports the technicals suggest Commonwealth Bank shares are primed to rally back over $80.

Perpetual countered a weak September quarter with the news it has a new $1bn mandate but several brokers want more evidence on the next phase of growth before becoming more positive.

Insurance Australia Group has decided not to pursue further investment in China, relieving an overhang on the stock and sparking broker speculation regarding special dividends.

Australia’s economy; corporate profits; drought; housing sentiment; re-rating A-REITs; hardware; packaging; online; private hospitals; insurers.

Ideal asset recycling conditions, strong trading conditions, and the acquisition of ANZ’s Esanda motor finance portfolio have brokers expecting more upgrades for Macquarie.

Bank of Queensland has delivered a largely better than expected FY15 result and several brokers have become more enthusiastic about the stock.

Ad blocker software gains ground; outdoor ads grow strongly; Encore Capital enters Australia; global growth downgraded; fixed income under pressure; Bell Potter highlights Surfstitch growth.