by Ekrem Duman | Jul 31, 2026 | Australia Company Stories, Banking & Financial Services
⚡ TL;DRAustralian banks are, financially speaking, mortgage machines. A A$2.2 trillion home loan market funded largely by household deposits produces the bulk of major bank earnings, and it does so on a net interest margin of only about 2%. The reason a 2%...
by Ekrem Duman | Jul 31, 2026 | Australia Company Stories, Banking & Financial Services
⚡ TL;DRThe Hayne Royal Commission into misconduct in banking, superannuation and financial services ran through 2018 and delivered its final report in February 2019 with 76 recommendations. Its central finding was blunt: financial institutions had repeatedly put...
by Ekrem Duman | Jul 31, 2026 | Australia Company Stories, Banking & Financial Services
⚡ TL;DRFour banks — CBA, Westpac, NAB and ANZ — hold roughly A$4.13 trillion of assets and about 70% of the Australian banking market, including close to three quarters of a A$2.2 trillion mortgage book. That structure is not an accident. It is the...
by Ekrem Duman | Jul 31, 2026 | Australia Company Stories, Banking & Financial Services
⚡ TL;DRMacquarie Group is not really an Australian bank. It is a global asset manager and commodities trading house with a bank attached, earning about two-thirds of its income outside Australia and managing roughly A$941 billion of assets. FY2025 net profit was...
by Ekrem Duman | Jul 31, 2026 | Australia Company Stories, Banking & Financial Services
⚡ TL;DRCommonwealth Bank began life in 1911 as a government-owned bank and is now Australia’s largest company by market capitalisation. In FY2025 it earned cash net profit of A$10.3 billion at a 13.7% return on equity, on a net interest margin of just...
