Bank tax worries investors of all kinds
Fund managers say the bank tax will scare off foreign investment in all Australian companies.
James Frost writes about banking, funds management and superannuation. Based in Melbourne, James has been reporting on specialist business and finance topics for more than a decade and is the former editor of Smart Investor magazine.
Fund managers say the bank tax will scare off foreign investment in all Australian companies.
The failure to address a long standing PR problem will make any campaign against the bank levy hard work.
Questions are being asked about why international banking giants aren't subject to the controversial six basis point levy on liabilities.
A split has emerged among the five banks targeted by the Federal Government's new levy.
K2 is the latest fund manager to bow to fee pressure by announcing plans to slash performance and management fees.
Bank shares remained in the cross hairs on Wednesday with a round of analyst downgrades leading to further falls.
With $1.9 billion in big bank stocks, AFIC is puzzled and angry and suspects dividends will have to be cut lower than what they would have b...
Massive rout in bank shares compounded by reports of a new tax and heightened expectations from investors.
CBA has met expectations after announcing a $2.4 billion cash profit but a decline in the NIM will be watched carefully.
The banking industry has lent support to the latest inquiry but have suggested that the cycle was approaching an end point.
Property market risks will slow housing credit growth but could be partially offset by a pick-up in business lending.
Lyn Cobley's institutional bank and David Lindberg's business bank will be under the microscope as Westpac reveals half-year numbers on Mond...
Report reveals the value of bank’s proprietary networks in delivering home loan customers.
NAB delivered a crowd-pleasing set of numbers where the only low-lights were risks from the property market.
ETF pioneer Graham Tuckwell has lashed the active funds management industry as he prepares a fresh push into Australia.
Extra revenue earned by raising interest rates for property investors should help turn around ANZ's slipping net interest margin in the seco...
A widening gap between wages and credit growth will need to reduce to ensure people can afford to repay mortgages.
ANZ has posted a $3.4 billion cash profit for the six months to March 31, below analyst expectations of a result of around $3.5 billion
Westpac's capitulation means Commonwealth Bank will emerge as the next high-profile target for protesters.
Banks are at risk of being sold down this week as the heightened expectations of investors lay in wait for results due from ANZ, NAB and Wes...
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