WBC 0.52% $27.23 westpac banking corporation

Westpac's $1,000,000,000 AUSTRAC Settlement?, page-361

  1. Giz
    858 Posts.
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    The only risk with a no risk 5% TD is the 37% tax I will pay on it!
    WBC up 3% in one day! Over the next year while your money is devaluing in a TD and the ATO is waiting for their share, WBC will outperform from here and you will get another DIV in 6 months.
    Term Deposits are great if you earn nothing a year, other that that being invested is a better option.

    "Chief executive Peter King said Westpac’s balance sheet was the strongest he’d seen in his 29 years at the bank"
 
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