Hmm, wonder what they are? Shares were hammered on the open but rebounded to flat. The chart remains dire:
More broadly the banks are trying and failing to rally with CBA down -1.2%, WBC and NAB down -0.4%, ANZ flat, BOQ down -1.7% and BEN up 1.3%:
The yield trade is busted, net interests margins are cooked and bad loans are coming.