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clock Created with Sketch. 27/04/25
14:57
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Originally posted by PlasmaTrader:
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it's not that simple, look at property prices in that last decade, they have skyrocketd and that increases the loan book assets massively. Allowing them to derisk greatly and if played right, leverage this to loan more and grow the loan book which is crucual. Also take into account all the printed money and inflation during covid, where does that money end up? In property and assets. The fact CBA is currently the leader in mortgages and still growing their loan book at a more than steady pace reflects why they are ahead of the pack. Management knows exactly what they are doing, exiting the US market completely in 2002 allowed them to reduce global exposure to the GFC.
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That all sounds amazing; meanwhile, Westpac is calling for more rate cuts. Why do you think that is? Because the economy is powering, and has never been stronger?
insert sarcasm
(20min delay)