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Suggestions That ANZ Action Is In Best Interests Of Customers Is Laughable


The last thing the ANZ bank is doing is
thinking of its customers.
If it was doing that its
shareholders would be up in arms demanding answers.
As
a business its job is to create money out of thin air and
lend it to borrowers in a way that’s designed to return
the greatest amount of profit to those
shareholders.
The announcement by the ANZ is cynically
making the most of the opportunity for a public relations
exercise that appears to show it in a responsible
light.
If the bank had wanted to do the best thing for
its customers it would already have been severely ....

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