David Taylor
speaker
997 appearances
8 recordings
2 series
first heard Apr 2026
last heard 15 Sep
David Taylor’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 8 in all, peaking in Sep 2026 with 3.
Appearances
Westpac is next.
The NAB tends to focus on businesses, and the ANZ is the fourth cab off the rank.
So analysts are expecting a very, very solid result, and they basically got it.
The key for this result is the fact that volume growth in mortgages has basically been pretty good because they have most homeowners, when they think of a loan, they think of the Commonwealth Bank.
What was interesting about the result is that they flagged that mortgage applications just since May, really since the May budget, have fallen.
I mean, dramatically, too.
15% fall over that period of time is a lot.
And there are two reasons for this, and the Reserve Bank governor...
Michelle Bullock flagged this yesterday as well.
Pretty simple.
You've had three interest rate hikes and they were consecutive rate hikes and they took the wind out of the market sales in terms of home loan applications.
So that obviously means when you've got rate hikes, it flows through to mortgage rates.
It's harder to borrow, right?
It's pretty simple.
But also the government flagged tax changes in the May budget, which eventually passed the Senate and became law.
But what you've got is changes to negative gearing and changes to capital gains tax.
So combine all that and yes, you've got an undersupply of housing, but it's dented confidence in the market and it's also meant people aren't quite sure about whether they want to go ahead with it.
home loan application.
So that's what the bank is saying.
Hey, we did really, really well.
Showing 361–380 of 997 · page 19 of 50
← Previous
Next →