WBC westpac banking corporation

A bank guarantee provided to the banks is clearly a bailout. Any...

  1. 41,856 Posts.
    lightbulb Created with Sketch. 1111
    A bank guarantee provided to the banks is clearly a bailout. Any suggestion to the contrary is false, a perversion of history and clearly misinformation.

    You cannot argue against the fact that a guarantee was provided by the Treasury to the banks.

    Clearly there is no argument as a bailout was clearly provided in the form of a central bank/ Federal Government guarantee.
    Last edited by JCoure: 28/07/23
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$33.72
Change
0.530(1.60%)
Mkt cap ! $115.3B
Open High Low Value Volume
$33.13 $33.76 $33.00 $130.5M 3.883M

Buyers (Bids)

No. Vol. Price($)
1 1000 $33.65
 

Sellers (Offers)

Price($) Vol. No.
$33.74 326 1
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
WBC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.