Couple of interesting articles in the bus spec about implications of the Australian government's decision to guarantee the term funding of the country's deposit-taking institutions with its AAA credit rating.
http://www.businessspectator.com.au/bs.nsf/Article/A-guarantee-you-can-bank-on-KCTTM?opendocument&src=rss
http://www.businessspectator.com.au/bs.nsf/Article/Suncorp-reviews-the-sale-of-its-banking-business-KCSXG?opendocument&src=rss
First article suggests SUNs cost of funds could be reduced by around $100 million per annum.
At current prices, SUN is a very good buy now.
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Last
$20.94 |
Change
-0.130(0.62%) |
Mkt cap ! $22.67B | |||
| Open | High | Low | Value | Volume |
| $21.17 | $21.21 | $20.85 | $31.87M | 1.521M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1657 | $20.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.95 | 2362 | 1 |
View Market Depth
| Last trade - 16.10pm 16/09/2025 (20 minute delay) ? |
| SUN (ASX) Chart |