Bad debts down to 0.4% as stated in the recent NAB executive interview of Hancock on YouTube ... Less than half a percent.. not exactly a huge indicator of financial stress, as the truly stressed simply can't pay even if they really want to... This reminds me of the constant negative press about the payday lending sector and their imminent extinction which never happens. If they can survive, i think afterpay and it's zero interest model will be ok chicken littles of HotCopper...
APT Price at posting:
$15.00 Sentiment: Buy Disclosure: Held