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Sydney Morning Herald
Nov 3
Comment
Westpac Banking Corporation has reported a 10.7 per cent decline in full year profit and says it’s entering the new fiscal year with strong momentum as the bad debt credit cycle stabilises.
Agrimoney.com
Nov 2
Comment
The milk services group says it is considering expansion as far as Botswana and Indonesia despite a 90% slump in interim earnings
The Australian
Oct 29
Comment
ANZ Bank has gone a step further than its rivals, predicting that the bad debt cycle has peaked and interest margins will expand.
Sydney Morning Herald
Oct 28
Comment
ANZ warns that the impact of global financial crisis would continue to wash over a ''fragile'' Australian economy next year.
Sydney Morning Herald
Oct 28
Comment
Cameron Clyne has just issued the most important sound-bite the banks are likely to produce in this September-year profit reporting season.
Sydney Morning Herald
Oct 27
Comment
National Australia report a 42.9% fall in annual profit after bad debt charges dented its bottom line, and says it sees signs the bad debt cycle is stabilising.
The Australian
Oct 14
Comment
BANK of Queensland posted a 2 per cent rise in full-year profit and said it expected bad debts to peak this financial year.
The Economic Times
Sep 29
Comment
The Delhi High Court has ruled that a share broker is eligible to claim the irrecoverable amount due from clients as bad debt under the provisions of the Income-Tax Act.
Jutia Group
May 21
Comment
NY Post
John Crudele
(snip)
Phillip F. Blumberg, chairman of Blumberg Capital Partners, thinks banks are really worried about the commercial real estate loans they issued during the orgasmic 2000s. That's the reason, says Blumberg,...
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