The lender on Tuesday capped off a much anticipated round of profit updates from the major banks, reporting unaudited cash profit from continuing operations of $1.5 billion in the June quarter.
Chief executive Shayne Elliott said the lender had gained market share in mortgages during the quarter and seen a strong performance in its markets division, but he warned the virus crisis would not be resolved soon."You only need to look at the reintroduction of community lockdowns in Victoria and Auckland to realise we all still have a way to go before this virus is behind us.
Source: Loan News Today (loannewstoday.net)
clancyyeates Provision for bad debt is just normal process...
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Westpac scraps first-half dividend due to uncertain outlookWestpac will not pay shareholders a first half dividend due to the uncertain economic environment, the bank said as it reported third quarter profits of $1.32 billion. clancyyeates Westpac dumps coal Investments Hmm: Coal Rush: China, Japan & India Back Coal-Fired Future With Hundreds of New Plants clancyyeates I just threw up in my mouth a little. ‘Uncertain outlook’!? What, Not quite sure whether profit is going to be 2billion or 3billion? FFS!! clancyyeates 👎😓😖😫😩😤😠
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JB Hi-Fi shares jump on increased profit and dividend; ASX opens in the redThe broader share market is falling, but retail stocks are on the rise after electronics retailer JB Hi-Fi benefitted from people working and staying at home during coronavirus shutdowns. G’day ABCnews JBhifi sent me a Text & told me I’ve won a new IPhone just pay $3.07 postage but it didn’t finish the process ! I let them know on Socialist Media but they haven’t got back to me ! Is someone scamming bank details ?!. Cough 😷 abcnews JBhifi
Source: abcnews - 🏆 5. / 83 Read more »
Victoria's coronavirus death toll rises by 25Victoria records 25 more coronavirus deaths and 282 new cases, the state's health department has announced. It is Victoria's highest daily death toll since the pandemic began. Wow. The lockdown is hardly saving lives. May as well not bother. How about the lockdown death toll. 709 excess deaths during first lockdown. Only 70 were from Covid!!! Lockdown deaths beating Covid deaths by a long way. Wait till we get the data from this lockdown. wake up people its the flu. Average age death of Australian male is 82. Average age of death of covid-19 is 84. 99.5% recovery rate. If under 70 recovery rate is 99.997%. YOU ARE BEING SCARED AND SCAMMED FOR YOUR FREEDOMS AND VACCINE ENDGAME.
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JB Hi-Fi reports record year, dividend jumpsJB Hi-Fi has reported a record set of full-year earnings and says sales have continued to surge through July and August. domp They've got an effective business model. And handle customer service pretty well.
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JB Hi-Fi reports record year, dividend jumpsJB Hi-Fi has seen the pandemic-induced boost to its sales continue into July and August despite worsening lockdowns in Melbourne, as the company reported a record set of full-year earnings | domp domp B. Murphy (Oz CMO) testified that 14,000 lives were saved by the governments response. $260b has been printed so far, that's $18.5m per (av. age 80). Northern Beaches hospital (488 beds) was built for $840m. So, 45 lives saved could have built a new hospital. What am I missing?
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Auditor-General to scrutinise Victoria's mammoth coronavirus borrowingThe Andrews government has used $9.7 billion of the debt facility it set up in April, when the Treasurer conceded the state may need to access the entire sum. Maybe they could save some money by not having people walking around wiping down random street poles. Saw a guy wiping a pole about 2.2-2.4 up high... maybe the corona jumps on you? auspol Dandemic Dan was Billion$ and Billion$ in debt pre virus from project blowout$.......a mad spender that lives for the day with our money. In simple terms........Victoria is broke and being propped by by the Federal government, and heading for shit creek without a paddle.
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