Revolut's Turn To Take On Aussie Big Four

Jul 28, 2026

∙ Paid

In my weekly insight on short positions in Australia, it was noteworthy seeing Commonwealth Bank of Australia (CBA AU) knock Rio Tinto (RIO AU) off the top spot.
Westpac (WBC AU) was No. 4 (in A$mn short), up from No. 11 a year ago. National Australia Bank (NAB AU) was at No. 9, and ANZ (ANZ AU) No. 14.
There are a multitude of factors for increased banking short positions. Revolut gaining a full banking licence Down Under is unlikely one of them. But it’s still worth digging into.

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