Do you want Westpac Bank stealing 32% of the value of people's family homes?
5th Sept 2020: If So, Aussie Home Value-Prices Crash, Personal Wealth Wipeout For 25m Aussie, Plus Westpac Balance Sheet Destruction Inevitable!
Family Homes Not Safe With Westpac Bank!
“The AFCA panel is satisfied that the bank’s (Westpac-ASX:WBC) conduct breached the following:
• clause 3.2 of the 2013 Code of Banking Practice (Code), and
• section 912A of the Corporations Act (Corporations Act).
"The AFCA panel is satisfied that the bank’s (Westpac) conduct has not caused the complainants to suffer any direct financial loss…” (AFCA Ombudsman Determination Report, 4th Sept 2020)
Westpac Customer's Reality-2015-?:
1st, Against Prior Written Agreements & Without Any Notice Westpac Sold Visa Card-Personal Loan Debts To Credit Corp (ASX:CCP), Panthera Finance.
2nd, Westpac Fire-Sold Our Family Home As Follows:
* Market Value = $500,000+
* WBC Sworn Valuation = $440,000
* WBC Insurance Valuation = $430,000
* Council Shire Valuation (Home Only) = $423,000
* Westpac FIRE SALE PRICE = $340,000
3rd, Without Notice, WBC Obtained-Used Fraudulent Mortgage Valuation (= $340,000) AFTER Sale Of Family Home.
* = 32% or $160,000 BELOW Market Value.
* = 23% or $100,000 BELOW WBC Sworn Valuation
4th, Westpac Assigned "Monies Owed" To Credit Corp
Now let's examine Big 4 Banks:
e.g. $1.8 Trillion Home Mortgage Assets-Or 62% Of Total Assets Sit On Major 4 Aussie Banks-CWB, WBC, NAB, ANZ- Balance Sheets!
32% Wipeout Of Home Prices-Values = $600bn =4 Banks, 25m Aussies!
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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) ? |
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