What's The Difference Between Big 4 Banks in Australia? | CBA NAB WBC ANZ Review

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In this video, we explore the differences between the big 4 bank in Australia. These are Commonwealth Bank, NAB, Westpac, and ANZ Banks. We compare them in terms of their offerings, earnings, strengths and future direction for each bank. Australia relies on these bank companies to hold up its economy so its important to know the differences between each of these banks and find the important differences that can make or break the bank.

As a bank customer, you’d probably won’t notice that big of a change between banks, but to a shareholder, the earnings, the strength of each division, and the future direction matters greatly because it affects the share price of each bank, as well as the stability of the dividends that gets paid out.

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⏱️TIMESTAMPS
0:00 Intro
0:45 How Banks Work
3:22 Banking Groups
3:57 Company Financials
6:14 Future Directions
8:44 Bank Difference Conclusion

Creative Commons — Attribution 3.0 Unported — CC BY 3.0
Creative Commons — Attribution 3.0 Unported — CC BY 3.0

Disclaimer
The information on this video is for general information purposes only. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser.

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Brilliant video mate. I hold all 4 and nobody has EVER been able to explain the differences and nuances between them as well as this. I really appreciate this.

westsideslotcars
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Very well researched and explained in simplicity. Love this video.
Also, a subscriber from now on.

shubhisharma
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This is a great video! I look forward to watching other videos in your channel.

jihoonwoo
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Your content has been added to "My Youtube Channel playlist" cheers Frank Melbourne Australia

detectiveofmoneypolitics
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Great content as always. Well done, very informative

DGMcreative
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Please do videos on the travelling sector as well. Like FLT / WEB / CTD - Would be keen to understand how they will survive with this never ending pandemic

c-
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This video is mainly a bunch of financial information about these banks, and not much on differences, which consumers would be interested in. I wouldn't say being a shareholder almost always put you ahead of a savings account (of course you need a be a customer to be able to bank). I haven't really been tracking the financials of Australian banks, but in the U.S., there are countless banks that have been saved from bankruptcy by being merged with another bank. When that happens, shareholders might only get pennies for their stock, if anything at all.

roachtoasties
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Very good presentation without any frills.

peekay
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These are really helpful videos thank you

pojkeee
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You are right. Westpac 1year ago was about $20, now it’s $24. A solid 20% growth.

HarryLi
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Awesome, thank you Perhaps look at Hydrogen, cotton or coffee related sectors?

eCom
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Great video! I just watched the mining video, too.

brittanyaggett
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may need an update after ANZ acquired Suncorp banking sector.

alexmotionpics
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Knowing CommBank used to be 100% government owned (until less than 30 years ago, heck it used to be the Central Bank of Australia), it looks like NAB is a great

hus
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NAB also owns the consumer division of Citibank in Australia.

jnthepassenger
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Hey mate, fantastic video! You gained a new subscriber.

Would love to know where you sourced the data for recent investments and partnerships from

MrAashirchopra
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Can you do one on Judo, Bendigo, and BoQ and other smaller banks

generalyoutubewatching
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Hi I just graduated and now earning money from my job. Can you suggest the best bank and account to go with to save and best future.

Really helpful video! Thanks a lot for this!

avijain
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So which one is the best? Commonwealth

jmx
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very thorough analysis. keep the good work

hdbuihoang