The ANZ CEO made this statement on the Sky News Business Channel this afternoon.
"The Australian Tax payer has not put 0ne Cent into the banking system"
What a ridiculous comment and arrogant to say the least. How the hell does he think the bank makes ITS MASSIVE profits?
It makes its profits mostly off the Australian Tax payer courtesy of the ANZ's massive fess and charges, that we are forced to pay them so they cam make their 5 billion profit margin.
Where does the ANZ Bank CEO think the funding comes from so that their systems and technology get upgraded and they can invest in other business?
Well the answer is simple, the funding comes from the MASSIVE profits made by the bank courtesy of the Australian Tax Payer.
