Cbus Super Ultimate Betrayal Of Union Worker Members...
13th Dec 2019: Black Friday. Unions Super Fund Cbus Ultimate Betrayal Of Members, Aussie Public.
2019 Westpac AGM Board Spill Resolution # 5 Received Knockdown Support From Union Super Funds. Board-Directors Remain As Is.
Cbus, Key Union Based Fund, Manages $54bn Of Union Members Funds. Key Player In Voting 91% To Avoid Spill. Thus Keep Directors.
13th Dec 2019: Black Friday. Unions Super Fund Cbus Ultimate Betrayal Of Members, Aussie Public.
2019 Westpac AGM Board Spill Resolution # 5 Received Knockdown Support From Union Super Funds. Board-Directors Remain As Is.
Cbus, Key Union Based Fund, Manages $54bn Of Union Members Funds. Key Player In Voting 91% To Avoid Spill. Thus Keep Directors.
Cbus Is "Built by Workers, for Workers." So Where's The Ultimate Betrayal?
* $14.58 loss in share price since Apr 2015
* Share Price Crashed $38.66 to $24.08 = 38%.
* Equates To $50,000,000,000 Loss In MC Of WBC.
* Record Customer Remediation Costs Of $1.9bn. So Far.
* Westpac Is Now No # 1 Banker-Financing For Terrorists, Drug Dealers, Child Sexual Exploitation**, Paedophiles**.
* Facing Potential AUSTRAC Fines of $483 Trillion
Just For Starters.
Members Votes Were Used To Fully Support Above Actions Of Westpac Board-Directors.
What's Worse? Members Have Approved Same Again!
Condoned. Complicit. Collusion. Negligent? Don't Care?
There Is Zero Justification For YOUR SUPER FUND Vote.
Every Union-Public Member Of Cbus Has Been Betrayed.
AustralianSuper's Ultimate Vote Of Betrayal Of..., page-9
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