Um, there is segment diclosure on Financial services?
Fair enough if you think the business overvalued, and I hear you on the outlook for mortage broking. But, it should be noted that although property activity might be well down next year, the significant cliff of covid era fixed rate mortages rolling off might prove to be a good offset for brokers. A lot of households will be thinking about if they can save a little on the mortgage.
"Financial Services remains a separate reportable segment, however is presented within total Australia results given the Group has provided jaws and operating cost guidance for Australia"
REA Price at posting:
$122.42 Sentiment: None Disclosure: Held
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