Mortgage competition batters bank
Article Abstract:
Even though the Bank of Melbourne year-end results ending Dec 1996 seemed okay, bank shareholders will not do as well. They will have to pay the price of competition in the interest rate war. The competitive environment effected the net interest earned by the bank, which was down 7% during the first half of 1996.
Publisher: B R W Media
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1997
Banking industry, Finance, Bank of Melbourne Ltd.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1997
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The risk is not fundamental
Article Abstract:
TAB Limited, a gambling concern, has performed well and is considered a strong buy by at least one broker. Investing in gambling has the added risk that communities may demand legislation controlling the spread of gambling.
Publisher: Fairfax Business Publication
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 1999
Australia, Political aspects, Securities, Gambling industry, Gambling, TAB Ltd.
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 1999
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