https://www.scoop.co.nz/stories/BU2511/S00334/westpac-nz-urges-kiwis-to-avoid-a-black-friday-spending-hangover.htm

Hullo? Here's the bank saying keep your cash in your pocket. What? What about your obscene profits? Run out of storage vaults?

"Hello...I'm from the Bank and I'm here to help"

#nzpol #rhymeswithbankers

"If you look at where the profit growth has come from, it's all from personal, not from business and agriculture at all…

"Banks are not a leading indicator of the economy. They win when the economy goes up, they win when the economy goes down… where they're making the profits is on the personal side of things because we're not going to not pay our mortgages, right?

"It's not surprising."

https://www.rnz.co.nz/news/business/578527/really-insulting-can-anz-really-claim-its-record-profit-is-due-to-economy-improving

#nzpol #windfalltax #banks #profits #turnthecorner #rhymeswithbankers

'Really insulting': Can ANZ really claim its record profit is due to economy improving?

It's announced a full-year profit of more than $2.5 billion.

RNZ
@ArrestJK that's what he's known as round these parts...although as we pass his ginormous billboards outside two nearest rural towns, we call him something else and wave our fingers
#masterbates #rhymeswithbankers

@jeremy_pm

ok I'm gonna take my /s back

you for got to add #rhymeswithbankers

'Significant falls' in interest rates may lie ahead - ANZ

The country's biggest bank says a six-month fix could prove the cheapest option.

RNZ