There was an interesting graphic in the afr today showing BOQ mortgage growth is still negative for the last 3 months (see below) (https://www.copyright link/companies/financial-services/rising-interest-rates-are-bad-news-for-bank-stocks-20240701-p5jq3e) - all other banks in the graphic have positive mortgage growth (Macquarie, Bendigo, Westpac, ANZ, CBA, Other, NAB, BOQ). It looks like Pats going to be delivering more disappointment in the next results... true to his form, he will have a list of excuses ready. Bendigo is in second place after Macqaurie, its strange that one regional bank is far exceeding the performance of the other.
General Discussion, page-317
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