Tag: Westpac

Banks Profits Plunge

Post author By Heise Says
Post date 27/10/2019

#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

Tags ANZ, Australia, Banking, CBA, Commonwealth Bank, Finance, Investment, NAB, Profits, Westpac

Economy

Consumer Confidence is up

Post author By Heise Says
Post date 14/08/2019

#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 […]

Tags consumer confidence, Recession, Retail, Retail Recession, Shopping, Westpac

Property

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

Post author By Heise Says
Post date 09/03/2019

#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