Australian Banks: Great Value Post The Sell-Off?

It is a truth that usually goes out the window when day-to-day shenanigans and volatility dominate investors' mind, but, over time, the best investments in the share market are those that combine dividends with growth. In Australia, the best examples that come to mind are three of the Big Four Banks. The nineties and noughthies did not include a global search for yield, yet owning shares in CommBank, ANZ Bank and Westpac throughout those years proved a highly rewarding exercise. The same applies post-GFC. However, that was then and this is now. In the "now" bank shares have fallen back to earth with a big loud thump. Some have called it a perfect storm that hit the sector, and that may well have been the case, but it doesn't answer the question: are bank shares now a great buy for the long term ahead? My Weekly Insights: (VIEW LINK)

FNArena is a supplier of financial, business and economic news, analysis and data services.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Sign In or Join Free to comment