30 August 2017

Weekly Insights From The FNArena News Desk 28/08/17

Banking sector analysts have been talking about CommBank ((CBA)) losing its premium over the other major banks in Australia for at least two years now, but it appears the latest scandal outed by Austrac has rapidly pulled CBA shares ex-premium. This week the shares are revisiting the mid-$70s having touched $88 in May and $84 earlier in the month.

This still is without federal Labor getting its much feared/maligned Royal Commission through parliament, which we all know is the goal whenever PM Turnbull and Co lose one more seat…..

Click to read the Full Report

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