Category Archives: Australian Finance Stocks

2 dividend-payers that slipped on ASX – Suncorp Group and Automotive Holdings Group

Update on new programs: Suncorp Group Ltd edged slightly lower on ASX on September 21, 2017 as the group provided an address from its CEO along with a market update. The group’s FY17 NPAT of $1,075 million represented a 3.6% increase over 2016; and the good top line growth, disciplined management of margin, and a sensible balance between reducing overheads and

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APRA advised that the bank’s Common Equity Tier 1 APRA’s reasonable 2020 CET1 target reiterated the confidence on the stock

APRA’s reasonable 2020 CET1 target reiterated the confidence on the stock: APRA advised that the bank’s Common Equity Tier 1 (CET1) ratio need to reach at least 10.5% by January 2020. However, the bank is on track to achieve this target with their CET1 ratio already reaching 10.1% on an APRA basis, as of March 31st, 2017. Moreover, the bank

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Recently, Standard & Poor’s (S&P) has downgraded its long-term credit rating of Bank of Queensland Limited

Recently, Standard & Poor’s (S&P) has downgraded its long-term credit rating of Bank of Queensland Limited (ASX: BOQ) to ‘BBB+’ from ‘A-’ as part of a downgrade of ratings on 23 Australian financial institutions, while maintaining a stable outlook. However, BOQ has a significantly lower level of exposure to the Sydney and Melbourne property markets than many other industry participants

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Two bank stocks to buy – Australia and New Zealand Banking Group and Bank of Queensland Ltd.

ANZ estimates that the monetary impact of recent budget levy would be approximately $345 million on a before tax basis, and approximately $240 million after tax based on its financials as on 31 March 2017. On the other hand, S&P has downgraded its ratings on hybrid and subordinated debt instruments issued by ANZ by one notch in line with ANZ’s

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ANZ estimates that the monetary impact of recent budget levy would be approximately $345 million on a before tax basis, and approximately $240 million after tax based on its financials as on 31 March 2017

ANZ estimates that the monetary impact of recent budget levy would be approximately $345 million on a before tax basis, and approximately $240 million after tax based on its financials as on 31 March 2017. On the other hand, S&P has downgraded its ratings on hybrid and subordinated debt instruments issued by ANZ by one notch in line with ANZ’s

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