Craigs sours on Australian banks
Australian banks face slowing housing market, rising bad and doubtful debts and regulatory risks.
Jenny Ruth
Wed, 17 Jan 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Craigs Investment Partners says shares in Australian banks have significantly underperformed the rest of the market, making their valuations look more attractive to investors.
Between May last year and now, the big four Australian banks, which, in turn, own New Zealand’s big four banks, have
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Jenny Ruth
Wed, 17 Jan 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.