Four key profit measures all weakened for New Zealand's big five banks in the December quarter
6th Mar 20, 9:39am
by
*This article was published in our email for paying subscribers. See here for more details and how to subscribe.
3 Comments
Low interest rates aren't that good for banks as they need house prices to go exponential to get the same returns. That is unlikely while mums and dads are still the primary property owners. Corporatisation of rental ownership is the key for banks. Be interesting to see how it emerges.
March quarter would be worse.
We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct?
We welcome your comments below. If you are not already registered, please register to comment.
Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.