CBA

Here’s what Australian financial planners and advisers need to know on Thursday morning…

US Federal Reserve Chairman Jerome Powell’s comment that the additional stimulus would be required and an intimation that global shutdowns may need to be reinstated sent the S&P 500 down another 1.5% and the Dow Jones 2.1%.

Dividends from Commonwealth Bank of Australia (ASX: CBA) shares and the ‘Big Four’ have been put under the microscope. So far, CBA has held up the best of the majors. Below, I take you through how an analyst would look at the shares and ways to put a valuation on it. Obviously, I’ll keep things…

Australia’s S&P/ASX 200 (ASX: XJO) is expected to start trading down at first today, according to futures trading in Sydney. Here’s everything investors like you need to know about the local market on Wednesday.

Westpac has announced a new specialist businesses division and has appointed Jason Yetton as chief executive of the division. The specialist business division has been created to simplify the Australian and New Zealand banking businesses. This will include wealth platforms, superannuation and retirement products, investment, general and life insurance, auto finance and Westpac Pacific. Yetton…

Here’s why we’ve avoided bank shares for over 5 years…

Significantly higher impairment charges will be a feature of the upcoming interim reporting season for three of the big banks and will continue to rise next financial year. Macquarie Securities has issued a report on the banking sector, saying: “We now incorporate in our forecasts a credit cycle with impairment charges peaking at around 50…