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Bank shareholders brace for brunt of royal commission fallout, but should we care?As bankers face their royal commission D-Day, should we spare a thought for the shareholders who have collectively seen tens of billions erased from the value of their investments, writes Andrew Robertson. In the good times, and in the bad times, who is it that always wins? The banks and their executives - definitely not the shareholders, who will have their share values plummet and reduced dividends. Shareholders should be demanding capped salaries for all executives. No. Bank shareholders are worse ba - - -rds than banks. Many mum & dad retirees receiving superannuation pensions will be burnt. Most super funds are heavily weighted in bank shares.
Source: abcnews - 🏆 5. / 83 Read more »
Govt to reportedly vote on superannuation reforms | Sky News AustraliaThe federal government will reportedly bring on a vote in the Senate to reform the superannuation sector in the wake of the banking royal commission.\n\nThe Australian reports the move will be put forward when parliament resumes on February 12th.\n\nThe proposed measures would give the Australian Prudential Regulation Authority (APRA) the ability to take corrective action against underperforming funds. \n\nJail time for directors who break the law is also being considered.\n\n\n\n\n\n\n\n The National party voted to keep 95% of backpackers super. Greens and MakeMayoMatter got it down to 65%. Super are wages forgone to save people from going on the public teat...not my words. Stole them off Gympie charity. So why did LNPQLD rob workers and employers
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Bankers are bracing for criminal charges and shareholders could be left footing the billAustralian Banking Association boss Anna Bligh says the banks expect Kenneth Hayne's final report to be a sobering read but would not rule out shareholders having to foot the bill if bank executives face charges. Oh please....let anna Passing the Buck 101 Not a tear shed, by anyone, anywhere.
Source: abcnews - 🏆 5. / 83 Read more »
I am in for the biggest fight of my life: Henderson | Sky News AustraliaLiberal minister Sarah Henderson says she is preparing for 'the biggest fight' of her life to retain the seat of Corangamite ahead of the federal election. \n\nThe first Newspoll of 2019 shows Labor heading for its biggest federal election win in decades, despite the coalition clawing back ground in the latest polls.\n\nIf the latest polls are correct, the Coalition would lose 14 seats, including Ms Henderson 's Victorian seat.\n\nSpeaking to Sky News, Ms Henderson says the battle to retain her seat 'is a battle we can win'. \n\n\n\n\n Better jump off the Turnbull trainwreck tyen and get back to Liberal ethos that got you preselected. Goodbye. You won't be missed. 🙄
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Abbott’s challenger: ‘I am more than just an Olympian’Zali Steggall is running against Tony Abbott for the seat of Warringah claiming he is out of touch with issues close to the electorate’s heart like same-sex marriage and climate change. Steggall is only in touch with the progressive echo chamber! She's outraged her good buddy Mal was given the boot not so outraged when Mr Abbott was stabbed in the back by her good buddy Mal He's out of touch on everything. Seriously Tony GO AWAY!
Source: 9NewsAUS - 🏆 10. / 72 Read more »
'I am deeply sorry': Prince Philip apologises to car crash victimMore than a week after the car crash that left a woman with a broken wrist, the Duke of Edinburgh's has written a letter of apology. Screw that. Be the adult, and stop putting others at risk, by your selfish wish to continue driving yourself anywhere. So after overwhelming worldwide condemnation Phil suddenly remembers he's sorry for being too incompetent to drive. That will shut them up, fuckthepoor
Source: theage - 🏆 8. / 77 Read more »
'I am deeply sorry': Prince Philip apologises to car crash victimMore than a week after the car crash that left a woman with a broken wrist, the Duke of Edinburgh's has written a letter of apology. I dont think Diana can hear him. Stop driving then He'll get in their pants in no time.
Source: smh - 🏆 6. / 80 Read more »
'I am deeply sorry': Prince Philip apologises to passenger injured in car crashThe Duke of Edinburgh issues a written apology to a woman involved in a collision with his Land Rover near the Royal family's Sandringham Estate. Deeply sorry. That’s why the apology took so long. Those deep ones take a bit to come up Why did it take “his highness” so bloody long? “His LOWness”, more like it. If he doesn’t apologize- people get mad If he apologizes- people get mad What do people want? (Apart from stop driving)
Source: abcnews - 🏆 5. / 83 Read more »
A secret tunnel leading to a Florida bank stumps the FBIIn what sounds like the plot from a bank heist movie, the FBI is on the case of a tunnel that leads to a bank.
Source: smh - 🏆 6. / 80 Read more »
'She has betrayed us all': Liberals unleash on Banks for Turnbull-backed tilt to oust HuntMalcolm Turnbull's son Alex Turnbull has confirmed he is 'involved' in the independent MP's bid to oust Mr Hunt, but says his father is not. This isn't news. It's an obsession to keep the Liberal Party in your paper. Good Good on her!
Source: theage - 🏆 8. / 77 Read more »