Investment Matters

What matters this week

The banks.  The big-4 were down this week, not withstanding the increase in the market yesterday.  ANZ -4.5%, Westpac -3.9%, NAB -2.3% and CBA -2.0% (at the time of writing).   Concerns about bad debt provisioning, along with impacts from the Basel reforms, are bringing the banks down to earth with a thud.

This week's W&D provides a FYTD performance update on the banks, as well as some information on bad debts and the Basel reforms.

It was a quiet week on the company news front - 360 Capital only.