Quote Originally Posted by dela47 View Post
Considering entering at current levels for long term dividend stream.

P/E back to around 13 which is about average over the last 10 years for Westpac.

Are we now around fair value? Or is there potential for short term upside given the drop we've had over the last two months (to add to the attractive yield)?

Or, alternatively, are current levels a bit high given heightened risk of property volatility in Aus?
I can't see life getting any easier for the Australian Banks over the next few years.
Strong headwinds.
Take care.