CBA 0.41% $136.19 commonwealth bank of australia.

bank extra tax become true, page-13

  1. HSP
    5,051 Posts.
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    The big 4 banks also many headwinds, eg.
    ---------margin pressure
    ---------revenue growth were too slow
    --------This new tax
    --------4 banker P/Es were above the long term averages, expensive atm
    --------the banking regulator - Australian Prudential Regulation Authority (APRA) - to penalise banks and senior executives for misconduct. , including beefing up the corporate watchdog's powers.
    ------For CBA, there is one extra pressure, its sp had 8% premium imo
 
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