Why Judo is the bank best positioned for rising rates - The Australian Financial Review
5/11/2022 12:00:00 AM3 yearsago
by Alex Gluyas
by Alex Gluyas
Fidelity’s Kate Howitt explains why it could be time to take profits on certain lithium stocks, avoiding IPOs, and M&A in the media sector.
Newly listed Judo Bank provides the most direct leverage to rising rates. Its funding costs are anchored by the RBAs fixed-rate Term Funding Facility, whilst its interest income automatically expands… [+3842 chars]
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