excellent point. Comparisons with the US banking sector are very misleading for this very reason. As mortgage holders are running off their fixed rate loans and being moved to current rates, the banks are laughing. Although true housing market has stalled and the net growth in new mortgages won’t be great for any bank, they’ll still manages their loan book to get good returns.
Overall, our housing market is in short supply, and as migration starts to ramp I think we will see a return to growth next year just on the issues of short supply and increasing demand. Should result in some nice dividend growth into 24.
cheers,YS
ANZ - General Discussion, page-51
-
- There are more pages in this discussion • 123 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ANZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$28.94 |
Change
-0.250(0.86%) |
Mkt cap ! $87.03B | |||
| Open | High | Low | Value | Volume |
| $29.18 | $29.22 | $28.91 | $281.9M | 9.948M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3714 | $28.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.95 | 8254 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |