Whilst I agree with the sentiment, I think the tea leaves are pointing to rather different propositions and that perhaps the banks have a little less incentive to do anything given the stay on mortgages.
What we are seeing is economic reality vs economic denial.
The businesses paying dividends are doing so, without any future or forward thinking regarding worst case scenarios, whilst the banks are conservative in nature and understanding that the future will be turbulent at best, and catastrophic at worst.
The idea of smooth sailing is over, and the fools rally is over.
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Last
$30.81 |
Change
0.360(1.18%) |
Mkt cap ! $91.60B | |||
| Open | High | Low | Value | Volume |
| $30.49 | $30.84 | $30.43 | $71.48M | 2.370M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2385 | $30.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.81 | 1123 | 7 |
View Market Depth
| Last trade - 13.32pm 18/07/2025 (20 minute delay) ? |
| ANZ (ASX) Chart |