Ann: BOQ HY2017 Results Presentation - Speaker Notes, page-8

In the last 4 consecutive halves, to be more precise :-

Cash Earnings grew back in 2H16.
EPS stabilized in 2H16, then dropped after that.
NI Margin dropped from 1H16.
ROE dropped, clearly, but this is a good result out of their elevated level of capital (from the increase in equity) and lower interest rate environment.
Cost to Income (C/I) Ratio rose.... but they're targeting just a 1% of expense against income.

I must say lending growth performance is worrying,.. but they said it has been very good in the last few weeks after this reporting period ending on Feb 28th..