It is time that the Australian Government and regulators ending the offshoring of jobs and did something about the scams, money laundering and data breaches.
They should not allow customer data to go outside Australia to protect customers against data breaches and all these scams.
Time to stop the offshoring of jobs, the money laundering, the scams and the data breaches.
AUSTRAC may have some real pressure on it to go after Westpac again and not leave it so late next time.
Although Morningstar has WBC undervalued with a $34.47 AUD price target. the stock has lost $40 billion AUD over time and becoming globally infamous for money laundering scandals.
Although some will have made money from Westpac depravity, Westpac has stayed really low compared to the other banks except for the money laundering enforceable undertaking infected Bank of QUEENSLAND.
All the other Big 4 banks have been at record highs so Westpac has only been saved from going bust by the Australian Four Pillars Policy down there. otherwise it would dead and extinct and it sort of still is hardly surviving.
WBC Price at posting:
$32.14 Sentiment: Buy Disclosure: Not Held
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