Pretty much. The other issue here in Oz is the proportion of wealthy that owe their fortunes to government largesse/decisions.
Property (rezone your land? Donation please)
Mining (like a nice concession with a royalty holiday? how about a government funded railroad?)
How about a nice government contract for hundreds of $millions maintaining a facility with 7 refugees?
Or some nice lucrative concessions: Security? Medical Equipment? Worthless PPE? Only donors need apply.
We've just dropped to our worst ever spot in the international corruption index and heading downwards with a bullet.
This isn't a major issue for Westpac yet, but when only donors need apply for many government gigs we're certainly getting into very dodgy territory. This is not good for business.
- Forums
- ASX - By Stock
- WBC
- Ann: WBC 1Q22 Update release
Ann: WBC 1Q22 Update release, page-51
-
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WBC (ASX) to my watchlist
|
|||||
Last
$28.05 |
Change
0.200(0.72%) |
Mkt cap ! $97.03B |
Open | High | Low | Value | Volume |
$28.14 | $28.17 | $27.90 | $95.50M | 3.394M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8815 | $28.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$28.08 | 168 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1963 | 28.000 |
1 | 300 | 27.990 |
1 | 500 | 27.960 |
1 | 150 | 27.950 |
5 | 243 | 27.900 |
Price($) | Vol. | No. |
---|---|---|
28.090 | 391 | 1 |
28.150 | 23579 | 2 |
28.170 | 978 | 2 |
28.180 | 1000 | 2 |
28.190 | 2085 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
WBC (ASX) Chart |