by Kris Sayce on December 1, 2008
Late last week the ANZ Bank released it’s “Basel II Pillar 3, APS 330: Capital Adequacy & Risk Management in ANZ” document. Even the title makes you think that this is something for the in-crowd. That, with any luck even though it must be released to the market, no-one will understand it.
And for the record, we don’t claim to have any better idea than anyone else what it all means. So, rather than spout off, we’ll just deliver you a few of the headlines from it:
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by Kris Sayce on November 28, 2008
We have climbed down from our soapbox today, in order to take a look at the banks. Or, more precisely, the dividends on bank shares.
Today’s Age reports that “Australian banks pressured to lower dividends.” It’s a touchy subject for the four major banks. If there are two things Australian income investors like it’s a nice juicy dividend and 100% franking.
With interest rates falling, investors will naturally be looking for other sources of income. And with bank share dividends offering yields of about 9% it is a pretty attractive investment.
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