There are one or two other classactions against Australian banks working their way towards the Courts
Sounds like the Tate’s should of tried using their own brains and should of known they couldn’t afford the repayments. Nobody takes responsibility for their own actions anymore.
pesky lawyers are actively signing up class action law suits to gain fat fees The practice should be banned
At 4pm Tuesday 12th February 2019 Senator Pauline Hanson Introduced the Banking System Reform (Separation of Banks) Bill 2019 into the Senate.
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Westpac faces responsible lending class actionWestpac is facing the first class action against a major bank in the wake of the Hayne royal commission into financial misconduct | clancyyeates clancyyeates TipOfTheIceBerg clancyyeates Headline hides the fact that a Brisbane female named Michelle Tate borrowed $1.8m on a single income with two kids, interest only loan, what was she expecting? A free ride? She’s the irresponsible greedy one for going ahead with such a aggressive property portfolio. SMH stop
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ANZ admits it was 'overly conservative' in home loansWith its mortgage book shrinking, ANZ chief Shayne Elliott concedes the bank may have been too cautious in its home lending decisions. clancyyeates NOT So overly cautious on legalities of charges & compliance of Laws. no caution on reward for executives pay. for really bad behavior. clancyyeates wtf does that mean? You're a bank-& you can't even make credit decisions? Give up clancyyeates
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Westpac share price lifts on bigger profit marginsWestpac's share price rises on a trading update showing the banking giant reaped $2.04 billion in profits during the last three months of 2018, thanks to higher interest margins. probably gina or one of the other collaborators securing the millions of tax payer $ they have embezzled with help of coalition An inquiry needs to be held on why the banks were inside trading on the Monday stock market before the Royal Commission findings were released to We the People on the Monday afternoon after the stock market was closed. Well done royal Commision
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Westpac tips two interest rate cuts this year as economy slowsThe bank also revised down its GDP growth forecasts for 2019 and 2020 and expects the unemployment rate to start rising in the second half of this year. MattWadeSMH PMI shows we're already in a recession Bill Evans didn't see his shadow [Groundhog Day] so he went back to hibernate.
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