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.
June 21, 2017
February 2, 2017
January 30, 2017
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Paul Baggetta is the Founder & Principal of Baggetta & Co. Paul Baggetta has been a Taxation Accountant since 1981, a Financial Planner since 1998, and in 1993 qualified as a Real Estate Licensee, holding a Triennial Certificate (currently not trading) and operated his own Real Estate business for property investment clients for over 5 years as a second business.
Financial planning services are provided by Paul Baggetta as an Authorised Representative (No. 261469) of Capstone Financial Planning Pty Ltd. ABN 24 093 733 969. Australian Financial Services License No. 223135.
Taxation & Accounting services are provided by Paul Baggetta as a Registered Tax Agent (No.61487008) and is a Member of SMSF Association, FIPA & NTAA.