Jun 10, 2026 – 5.00amAustralia’s major banks are under a fresh attack from hedge funds who have doubled their short positions in the past six months to almost $11 billion, betting the sector’s earnings will fall amid expectations that interest rate rises and proposed changes to negative gearing policy will weaken mortgage growth.It is the biggest short position held against the four major banks since the corporate regulator began collecting data on hedge funds in July 2010. The figure may be even greater than $10.9 billion, as some brokers said that a number of hedge funds were doing their shorting via derivatives, which are not captured by the Australian Securities and Investments Commission.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Hedge funds double short bets on big four banks to record $11 billion
It is the biggest short position held against the four major banks since the corporate regulator began collecting data on hedge funds in July 2010.
134 words~1 min read
