Following NAB’s lead, Australia and New Zealand Banking Group Ltd [ASX:ANZ] is the second of the Big Four to capitulate on dividends. A decision that saw the ANZ share price open 1.9% lower this morning…
Macroeconomics: Global Central Banks News & Highlights
Bank Dividends in the Firing Line: What Happens When Dividends Stop?
It’s no secret that Australian investors love dividends. A lot of investors are now relying on these dividends to make ends meet. Which begs the question, what happens when the dividends stop flowing?
Aussie Banks in Trouble: The Destruction of Banks Is a Golden Opportunity
I’ve long argued that a day of reckoning was coming for Australia’s big four banks. In fact, I spent most of last year trying to convince you that they were about to be ‘unbundled’. As is obvious to all now, the big banks are in big trouble…
NAB Shares Enter Trading Halt after H1 Earnings Halved (ASX:NAB)
National Australia Bank Ltd [ASX:NAB] has issued a notice this morning that it would be entering a trading halt in order to raise funds, after posting a massive hit to first-half cash earnings…
The Coronavirus Won’t Kill You, But the Government Might: Economic Disaster
The Australian government decided to drive the economy into complete standstill, then provide some of the biggest economic stimulus packages ever seen, to stave off the biggest downturn since the Great Depression, that they forced on Australians…
NAB to Take $1.1 Billion Hit — What It Means for the NAB Share Price
This morning should come as a warning to all shareholders of Australia’s banking sector. The National Australia Bank Ltd [ASX:NAB] share price is down a little over 1% today at time of writing, and some may be wondering why it didn’t take a bigger dip…
