https://en.wikipedia.org/wiki/State_Bank_of_Victoria
A brief summary, Tricontinental, the investment arm, also collapsed and the state government couldn't save either. A lesson as to what happens when banks are over exposed to housing during times of rapidly rising interest rates.
Just did a quick chart and we have hit the 61.8 retracement which is a number many of the stocks I have on watch have traded at today. If it fails here I'd be buying at $17 for my super fund but that is just my own view.
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 (20min delay)
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Last
$34.57 |
Change
0.030(0.09%) |
Mkt cap ! $118.2B | |||
| Open | High | Low | Value | Volume |
| $34.45 | $34.57 | $34.24 | $92.92M | 2.695M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 7399 | $34.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.57 | 5325 | 45 |
View Market Depth
| Last trade - 15.34pm 26/06/2025 (20 minute delay) ? |
| WBC (ASX) Chart |