Big banks' excess capital worth a second look
If there is something an analyst should know, it is spreadsheets. So, we’re listening when Barrenjoey’s Jon Mott questions whether the banks should return their excess capital.
Stay updated with breaking news from Jon Mott. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
If there is something an analyst should know, it is spreadsheets. So, we’re listening when Barrenjoey’s Jon Mott questions whether the banks should return their excess capital.
Barrenjoey analyst Jon Mott said the margin outlook for the banks remained challenging.
Lendi chief operating officer Sebastian Watkins says the mortgage outlook is already “extremely worrying”.
The bank says homeowners are facing challenges refinancing their loans, leading to a cut for some of its customers.
Around half of fixed rate borrowers whose low-rate home loans are expiring over the next two years are planning to leave their current lender, but it's those customers who can't that might prove a bigger problem for the banks, new research finds.