1st post for this stock, page-20

re: what a dividend and growth stock Max
They (WBB) assured us on 4 April about the sorts of loans they have. So far they are all secure, and there are no "low-doc" loans.
That must include what they took on from MPBS.

The QLD central coastal area has experienced good cap. appreciation recently and it's one of the best areas of Australia. I expect any mortgages are pretty safe from the asset security point of view.

We wait to see what contraction, if any, will occur in the building industry there. Management seems confident.