EL&C Baillieu analyst Nick Caley discusses Australia’s major banks post the recent reporting season, including:
• The state of sector growth;
• Revenue trends;
• Bad debt and provisioning levels given the COVID-19 crisis;
• Stock preferences at this time; and
• An update on Macquarie Group.
We encourage clients to keep in touch with their EL&C Baillieu adviser for the latest updates.