BEN 1.69% $10.25 bendigo and adelaide bank limited

Posted this in relation to general housing pick up on another...

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    Posted this in relation to general housing pick up on another thread but also very relevant here. Came from Padley newsletter today.

    "Looks like the big four banks will not have it all their own way with housing loans as the regulator, APRA, is looking to announce proposals that will allow smaller players to offer cheaper loans and higher deposit rates in the coming weeks. APRA is expected to reduce the relatively high risk weightings applied to loans issued by small and regional lenders in an effort to increase competition. This is expected to narrow a key 10% regulatory point advantage that allows big banks to hold less capital. The announcement is expected in the next few days. Just as housing looks to be picking up, it seems that so too is competition and this will increase the lending capacity for the smaller financials. Good for BOQ and BEN. Not so good for the big four. Although any housing recovery is good for all players involved."
 
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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