Australian Banks Face Mortgage Broker Headwind

Australian retail banks may see their profitability stymied due to the high cost of mortgage broker distribution, say UBS analysts John Storey and Jason Napier in a note.

WSJApr 26 02:26 ET

CBA Stock Analysis and Elliott Wave Technical Forecast [Video]

ASX: COMMONWEALTH BANK OF AUSTRALIA. - CBA Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart).

FXStreetApr 25 01:33 ET

Sports Entertainment Group's Revenue Up 24% in March Quarter

Sports Entertainment Group (ASX:SEG) reported revenue from continuing operations of AU$31 million for the quarter ended March, a 24% increase on the prior corresponding period, according to an April 2

MT NewswiresApr 24 23:43 ET

Are ASX 200 Bank Shares Like CBA 'Too Expensive' Right Now?

S&P/ASX 200 Index (ASX: XJO) bank shares have rallied over the last few months. After this impressive rally, it's worth asking if this sector is good value today or whether it has risen too far.

The Motley FoolApr 23 19:52 ET

Citi Downgrades Australia's Big Four Banks on Lower Rate Cut Expectations and Valuation Concerns

Global investment bank Citi downgraded its recommendations for ANZ (ASX: ANZ), Commonwealth Bank of Australia (ASX: CBA), National Australia Bank (ASX: NAB) and Westpac (ASX: WBC) this week after diminishing rate cut expectations exposed significant downside risks.

Small CapsApr 22 22:13 ET

Sell Calls on Aussie Banks 'Increasingly Consensus' View -- Market Talk

An Australian bank rally over the past six months is difficult to justify, Citi analysts Brendan Sproules and Thomas Strong say in a note. Citi reckons easing financial conditions have driven the rally, but credit, inflation and employment data are now inconsistent with an environment where interest rates are likely headed down.

WSJApr 21 19:28 ET