Monday, 18 November 2013

Australian Households' Exposure to Banks

Here is a very interesting article courtesy of Brett Doran concerning the relatively high exposure of Australian households to bank securities. What implications do you see this having for fund managers or financial planners in the short and long term? Should we be concerned?


Looking forward to reading your comments!
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1 comment:

  1. Anonymous18 November 2013 at 23:59

    I'd also like to bring your attention to this site: http://www.banksdaily.com/topbanks/World/2013.html

    It shows the CBA, WBC, and ANZ in the top 20 by market cap (as of March 2013) with the listed market caps. I'd like you to think, how does a country the size of Australia (with just over 20m people) have 3 of the top 20 largest banks? Is it something Australia should boast or are we over pricing the banks? What drives the profitability of our banking industry?

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