Australian Bank Shares are a good investment

Australian bank shares continue to be a good investment for Australian shareholders. The ANZ in particular is showing superior quality.

Although NAB has shown a much smaller growth portfolio, it is not a true reflection and NAB’s Australian operations are in fact just as healthy and profitable as those of the ANZ. Unfortunately NAB’s poorly performing UK operations have impacted on their figures.

Clime Investment Management has released a fully researched report about Australian Banks, their performances and future outlook.

http://www.clime.com.au/clime-model-portfolios/banking-on-growth/