Business
ASX closes higher; Treasury rises as takeover rumours swirl – The Australian Financial Review
The Australian sharemarket closed higher despite slipping through the afternoon; Westpac sees GDP at pre-pandemic levels this quarter; Brent crude climbs above…
The big four’s earnings and trading updates have convinced JPMorgan that every major bank is now in “capital management territory”, forecasting $3 billion to $9 billion in improved shareholder returns by way of higher dividends from each bank.
Its forecasts apply to the financial years 2020-21 to 2022-23.
With APRA’s 10.5 per cent minimum capital level in mind, the big four are all hitting 12 to 13 per cent common equity tier one ratios on a pro-forma basis, and that allows dividend payout ratios…
-
Noosa News23 hours agoTwo trapped and fighting for life after major three-vehicle crash in Brisbane
-
Business24 hours agoUp 105% in a year, are Pro Medicus shares still a good buy today?
-
Noosa News24 hours agoHow ‘Chopper’ Became an Australian Classic: 25 Years On, Andrew Dominik Talks Casting Eric Bana, Embracing Comedy and Exploring Human Nature
-
Noosa News20 hours agoBali traveller sparks urgent measles alert across Queensland