Categories
Economy Finance

Banks can pay Dividends

Banks can pay Dividends.

Categories
Economy Recession

Good News Challenge – Beating The Banks

Share your good news stories of how you beat the banks.

Categories
Finance Recession

Westpac Underpays Workers $8m

Westpac underpays worker $8m.

Categories
Economy

Westpac Profits Plunge but they Won’t Bail-In Redraws

Westpac profits plunge but they won’t bail in redraws like ME.

Categories
Economy

Banks Delay Open Banking

Open Banking has been delayed in Australia.

Categories
Finance

Westpac Accused Of Money Laundering

Westpac has been accused of money laundering. Yep, we really need that cash ban.

Categories
Economy Finance

Banks Profits Plunge

#Banks #Profits #HeiseSays The profits of the big four plunge. References Banks’ messy results will not cloud the not-so-pretty picture https://www.abc.net.au/news/2019-10-27/banks-messy-results-will-not-cloud-the-not-so-pretty-picture/11639074?section=business

Categories
Economy

Consumer Confidence is up

#ConsumerConfidence #Westpac #Retail Westpac has reported that Consumer Confidence is up in August. A sign that the retail recession is turning around or simply the result of the tax rebate and the start of a new financial year? Let’s make sure to check next month when people receive the credit card bills. References Investopia Westpac […]

Categories
Property

Banks say they are not to blame for the Housing Crash – References

#Banking #Housing #HousingCrash I look at a recent AFR article in which Westpac CEO Brian Hartzer claims that banks are not to blame for the housing crash. Seemingly ignoring recent evidence from Melbourne land sales. References Westpac CEO Brian Hartzer says banks ‘not to blame’ for house slump https://www.afr.com/business/banking-and-finance/westpac-ceo-brian-hartzer-says-small-business-hurt-by-lending-crackdown-20190130-h1anog YouTube Cards