Below is the issue IMO as to why NAB SP has been punished...

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ozboypete

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05/05/23

14:29

Post #: 67628168
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Originally posted by bevere: ↑

The interest rate only became an issue due to very high property cost and people opting to take out excessively high loans.
With the banks only to happy to put on their books. Some borrowers might not have build in an adequate safety margin and blindly
accepted the RBA chair comment of no rise until 2025.
The late 80's into 90's had far higher rates but the property cost vs family income was easier to serve.
Aver ratio 3:1 but now 6:1 and beyond
And the low entry is often skipped in favor of the dream home.
Living beyond our means in many cases, more consumption, higher inflation, increased rates.

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Below is the issue IMO as to why NAB SP has been punished compared to ANZ, the market was expecting the NIM to either be the same as 1Q23 or better.

NAB Price at posting: $26.60 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $38.80		Change -0.140(0.36%)		Mkt cap ! $118.8B

Open	High	Low	Value	Volume
$38.75	$39.03	$38.72	$112.6M	2.899M

Buyers (Bids)

No.	Vol.	Price($)
1	750	$38.78

Sellers (Offers)

Price($)	Vol.	No.
$38.83	920	1

View Market Depth

No.	Vol.	Price($)
2	114	41.130
1	32	41.000
3	250	40.740
5	788	39.600
2	2648	39.550

Price($)	Vol.	No.
36.470	7309	11
36.860	356	2
36.990	395	1
37.450	1	1
37.510	20	1

Last trade - 16.10pm 17/06/2025 (20 minute delay)

NAB (ASX) Chart

Below is the issue IMO as to why NAB SP has been punished...

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Below is the issue IMO as to why NAB SP has been punished...

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