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JP Morgan analysts suggest a top-up of ASB's loan provisioning may be a feature of parent Commonwealth Bank of Australia's annual results

JP Morgan analysts suggest a top-up of ASB's loan provisioning may be a feature of parent Commonwealth Bank of Australia's annual results

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5 Comments

A serious question. Do you expect any of the Aussie Parent Banks to sell the NZ arm ?
I think a small consolidation may be coming, don't know in what shape or when.
Banks here must be hurting with their costs and overheads with not much growth in business volumes, right ?
Any figures available on these ?

Who are you imagining would be the buyer?

You mean the 4 banks which collectively make 5b+ in profit each year? Why would they be hurting?

Because the $5b a year "foreign student" industry is gone burgers, which is a shortfall the country will need to meet elsewhere.

No surprises there !

Days to the General Election: 19
See Party Policies here. Party Lists here.