All the Big 4 banks would do well to stay away from risky customers such as newly arrived immigrants,
Looking at news down in Australia, The immigration program is much maligned thru programs such as 60 Minutes, the flagship Channel 9 current affairs program pointed out the issues associated with banking certain visa holders, specifically skilled visas and student visas in a program late last year.
Nick McKenzie did for 60 Minutes, SMH and The Age, with footage of banks and payment receipts and everything that made it obvious Australian were in fact banking these folk.
Australian banks were mentioned specifically ANZ and the other Big 4 banks. Connections to immigration agents and organised crime. My understanding is Australian banks are not allowed to do that in Aaustralia.
NZ might pursue it too. Who is banked especially foreign interests is topical in NZ as well.
- Forums
- ASX - By Stock
- WBC
- Westpac's $1,000,000,000 AUSTRAC Settlement?
WBC
westpac banking corporation
Add to My Watchlist
0.78%
!
$33.03

Westpac's $1,000,000,000 AUSTRAC Settlement?, page-118
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$33.03 |
Change
-0.260(0.78%) |
Mkt cap ! $113.0B |
Open | High | Low | Value | Volume |
$33.24 | $33.35 | $32.82 | $105.9M | 3.205M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200 | $32.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$33.04 | 4350 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 226 | 32.900 |
1 | 150 | 32.890 |
1 | 30 | 32.880 |
2 | 2090 | 32.850 |
1 | 152 | 32.830 |
Price($) | Vol. | No. |
---|---|---|
33.150 | 2200 | 2 |
33.160 | 4400 | 1 |
33.200 | 1284 | 1 |
33.220 | 1000 | 1 |
33.250 | 902 | 1 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
Featured News
WBC (ASX) Chart |
The Watchlist
P.HOTC
HotCopper
Frazer Bourchier, Director, President and CEO
Frazer Bourchier
Director, President and CEO
SPONSORED BY The Market Online