Could you please repeat that slowly. I think I missed the first bit....
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No, of course not...
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OMG YOU ARE KIDDING ... If
#Australia#banks ARE NOT highly profitable, WHY do they make large profits, and WHY do 'we' pay the engorged chipmunks at the top $MILLIONS a year ... !!!?#Westpac NOT highly profitable???? SELL#Shares NOW!Thanks. Twitter will use this to make your timeline better. UndoUndo
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Banks are the most corrupt business protected by every govt of the world We need 10 more licenses across Australia to rid us of these charlatans that gravely affect all our lives by the monopoly system here
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Ever heard of Return on Investment ?
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No doubt some improvements but mainly a big beat up by people who just see the big $$$$ And freak out - it’s not that huge return.
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Now that he's introduced the noun, the banks are either profitable or unprofitable. So which is it?
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Logic only a big bank would put out
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I guess when you take out the CEO's million dollar salary then the executives over inflated salaries...the few billions left are a pittance..
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Having a bloody laugh aren't they.
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Australian banks suck and are very slow and unprofessional
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Thanks for the clarification. And here was me thinking you lot were rolling in cash.
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A profit of 1 billion might seem a lot, but if you have invested 30 billion to generate that 1 billion, its not that flash. Especially if you could invest the 30 billion somewhere else, like Government bonds and get 2.5% risk free.
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