banks

Following the four major banks reporting their half-year and quarterly results as at the March 2022 balance date, we have updated our estimates of the amount of...

The makeup of the Australian stock market is probably best summarised in a three-word phrase: houses and holes. Last month, the major miners handed down their...

While the 2021 dividend story was all about recovery for Australia’s income investors, the 2022 outlook is one of stability. That’s the reassuring message from Dr Don...

Only a third of the 2,300 international companies in the MSCI World index have been listed since 1990. Of these, it might surprise you that the top-performing stock...

Bank traders have frequently reported AA to AAA rated State government bonds (or semis) have been increasingly behaving like a "safe-haven" asset as the spreads they...

Back in August and September 2021 we noted a very odd anomaly: for the first time, 5-year major bank senior unsecured bond spreads were trading in line with, or at...

Yesterday, APRA released data for the banking system that revealed that balance sheets are growing very rapidly. Specifically, total bank resident loans/leases grew at...

Since 2014, banks have typically bought a large chunk of all new State government bond ("semi") issuance, with a peak of 49% in 2020. Our analysis suggests that as a...

Australian banks are not simply going to repay the $188 billion they borrowed from the RBA, under the Term Funding Facility, when repayment falls due in 2023 and 2024....

Last week NSW's investment and debt issuance agency, TCorp, announced that it had completed the first $1 billion of its proposed $11 billion of bond buy-backs using...