ANOTHER BANK MAKES $1.4B! Dear simpering gimps defending the obscene profits of the Aussie banks – can we at least agree on one thing?

By
Martyn Bradbury
-
19
573

ANOTHER BANK MADE $1.4BILLION!

Bank of New Zealand increases annual profit by 7% to $1.4 billion

Bank of New Zealand has announced an after-tax full year profit of $1.4 billion​, up 7%​ on its record profit last year.

I’ve never heard so many simpering gimps defending the unholy profit rampage of the banks.

You corporate wealth worshipers should be ashamed of yourselves sucking up to the fucking Australian Banks!

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Asking if Bank profits are ‘excessive’ misses the point – with 27 000 on emergency housing wait lists, 100 000 food parcels a month & underfunded health, education & welfare social infrastructure collapsing, Bank profits are fucking obscene!

Windfall tax those rich pricks!

If you are going to turn a blind eye to the obscene profits made by foreign banks using the rigged casino of oligopoly can we all at least agree on one thing, that when the economy predictably ruptures next year and the corporate banks come to the Government with their giant golden begging bowl, encrusted with diamonds, emeralds and sapphires, carried into the room on the backs of homeless children, when the 4 big Foreign Banks come begging to be bailed out, we collectively tell them to go fuck themselves right?

Surely you simpering gimps sucking up to the banks by refusing to tax their obscene profits can collectively agree not to bail these greedy fucks out when the economy goes belly up right?

RIGHT?

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19 COMMENTS

  1. A profit shows the banks are successful and a good place to put your savings .This means they have more money to lend to help people buy homes either for themselves or as rentals in both cases it is putting a roof over families. A profit means they pay tax and keep plenty of people employed who pay tax .
    If they went belly up there would be many people and businesses destroyed is that an outcome anyone would want .

    • Trevor it is not about them making a profit.

      It is about an obscene profit which goes out of this country.

      I cannot understand why people keep raising this straw man.

      How is it that the BNZ which is totally owned overseas is able to use the name NZ.

  3. I heard Granny Herald had to close the comments section on the banks profits at 1pm because it was getting a bit worrying about this windfall tax and they needed to protect the banks position and their advertising/adverterial profits.

  4. Westpac’s earnings dropped one percent and their dividend is still not back to pre-pandemic prices. Howerver they are paying ten percent more tax.

    What is more concerning is Brown’s proposal to sell the Airport shares they stole from South Auckland. I am sure none of that will find its way back to South Auckland in the from of community housing.

    WBC 19 May 2022 Interim 61.000c 0.000c 8.000c
    WBC 05 Nov 2021 Final 60.000c 0.000c 7.000c
    WBC 13 May 2021 Interim 58.000c 0.000c 7.000c
    WBC 11 Nov 2020 Final 31.000c 0.000c 0.000c
    WBC 12 Nov 2019 Final 80.000c 0.000c 7.000c

Comments are closed.