Headline in today's Oz quotes CBA boss Ralph Norris as being pretty annoyed with over-regulation from Green/labour govt. He says it will cost over 100m/yr to impliment and total cost will be at least 500m. Despite the eye-watering costs Norris notes: ''One really has to ask whether all these changes meet any reasonable social benefit-cost analysis.''
I can't see banks doing well over next 2 years. The divs are high but so is the risk. Better value elsewhere imo.
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westpac banking corporation
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new govt regulations to cost banks 500million
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Last
$39.03 |
Change
0.300(0.77%) |
Mkt cap ! $133.4B |
Open | High | Low | Value | Volume |
$38.82 | $39.13 | $38.66 | $152.4M | 3.909M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1308 | $39.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$39.04 | 2500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5400 | 38.950 |
2 | 577 | 38.920 |
1 | 500 | 38.800 |
2 | 643 | 38.730 |
1 | 32 | 38.700 |
Price($) | Vol. | No. |
---|---|---|
39.040 | 1000 | 1 |
39.050 | 7275 | 5 |
39.100 | 6297 | 4 |
39.120 | 8395 | 5 |
39.130 | 3296 | 3 |
Last trade - 16.10pm 16/09/2025 (20 minute delay) ? |
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