ASX:ANZ

AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

Macro
Christopher Joye

In my column today I reveal that there are some tentative signs that the Aussie housing market may be already turning with a recovery assured by: an RBA rate cut in June; APRA's decision to slash the minimum interest serviceability rate from circa 7.25% to 6.0%, which we estimate will... Show More

Equities
Stuart Jackson

The ASX All Ordinaries index jumped to an 11-year high immediately after the Coalition won the recent Federal Election. It was boosted in particular by share price spikes in the big banks and health insurers. Whether these gains are sustainable remains to be seen.The results from the Federal Election not... Show More

Equities
Marcus Padley

The shock election result at the weekend is very good news for the bank sector. The sector has already reacted with a sharp rise in all the big four banks, as well as Macquarie (ASX:MQG), Bendigo and Adelaide Bank (ASX:BEN) and Bank of Queensland (ASX:BOQ). What we have to ask... Show More

Fixed Income
Christopher Joye

As very active capital structure investors, we are constantly engaged in repricing the absolute and relative valuation levels spanning preferred equity, subordinated (or Tier 2) debt, non-preferred senior (or Tier 3) instruments, senior unsecured bonds, cash deposits, super senior covered bonds, and off-balance-sheet asset-backed securities (ABS and RMBS). It sounds... Show More

Politics
Christopher Joye

In my column today I analyse why ScoMo really won, noting that "during the week I advised my investors, media colleagues and friends that it would not be surprising if Scott Morrison won the election comfortably". Click on that link to read the column or AFR subs can click here.... Show More

Fixed Income
Christopher Joye

Today I argue that Australia is behaving like the indulgent and entitled child of a billionaire, quote my own 8 year old's analysis of what the two political parties have to offer (even I was surprised), and explain why we are not residential-mortgage-backed securities (RMBS) haters and arguably one of... Show More