The banks have been doing good business, here are the half yearly profit and loss reports for the big four banks here in Australia, Westpac , NAB, CommBank and ANZ. Reporting season - Bank profits Australia Westpac 2012 | $3.209 Billion | May 3, Half year profit reporting WESTPAC CEO - Gail kelly Australia’s very own Gail Kelly has joined the ranks of Oprah … [Read more...] about Australian Banks Half yearly reporting
BANKS
POLITICS OF A RATE CUT
Damned if you do , Damned if you don't, pardon my English but that seems to be the situation with rate cuts , RBA and banks. RBA today kept the cash rate on hold with no changes to stay at 4.25 per cent The politics of rate cuts ,Banks and Media bashing The situation is getting out of hand come every time when the RBA has to make a … [Read more...] about POLITICS OF A RATE CUT