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The Banking Royal Commission is out, and just as we all thought, even though the big headlines were around the illegal shit being done by the Big 4 banks, the real problem was those pesky mortgage brokers. Chucking them right the fuck under the bus is going to fix everything.
Mortgage Choice's share price has dropped 13% today. CBA's has not.
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@mariner4life all the big banks went up!
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@NTA said in Aussie Politics:
@mariner4life all the big banks went up!
it's so fucked. And then they'll whack a margin on mortgage rates to cover any cost (perceived or real) make higher profits, and it will all roll merrily along
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@Rembrandt said in Aussie Politics:
I just now walked out of a Commsec seminar by CBA. They mentioned the 'elephant in the room' ..and also how well they were doing despite that.
banks are evil fluffybunnies
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@mariner4life said in Aussie Politics:
@NTA said in Aussie Politics:
@mariner4life all the big banks went up!
it's so fucked. And then they'll whack a margin on mortgage rates to cover any cost (perceived or real) make higher profits, and it will all roll merrily along
Meanwhile the mortgage brokers could see a downturn in business as they're forced to ask customers to pay the finders fee
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@NTA said in Aussie Politics:
@mariner4life said in Aussie Politics:
@NTA said in Aussie Politics:
@mariner4life all the big banks went up!
it's so fucked. And then they'll whack a margin on mortgage rates to cover any cost (perceived or real) make higher profits, and it will all roll merrily along
Meanwhile the mortgage brokers could see a downturn in business as they're forced to ask customers to pay the finders fee
well you can see what the market thinks of their future
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@mariner4life even the little guys tho
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@NTA said in Aussie Politics:
@mariner4life even the little guys tho
and of course the customer will ultimately lose out. Winners of the Royal Commission? the big 4 banks.
Tremendous.
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Fuck off we’re full . This feral is all yours.
https://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=12204907
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@jegga fought tooth and nail to get a Bahraini " refugee" professional soccer player back from Thailand though.
Not one question raised as to why someone with refugee status goes on an unauthorised holiday to Thailan.
I know a refugee family very very well. UN moved them to Thailand for 3 years. In that time under the UNHCR papers he showed me, him, wife and 2 kids under 5 had to stay in a one room apartment 24 hours. We had to basically smuggle him out 2 hours down the road to play cricket for an afternoon. Couldn't take him up north for a weekend even. Never had any money, literally. Eventually the States took him and he now runs a supermarket in Seattle.
Aussie refugees apparently go on holiday to Thailand. Bullshit. -
@jegga said in Aussie Politics:
Fuck off we’re full . This feral is all yours.
https://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=12204907
It's all good. He can just go to Manus and Nauru and pretend to be sick. Although he may not want to go there because according to an activist physician the conditions are worse than what the Jews had at Auschwitz.
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@jegga said in Aussie Politics:
Fuck off we’re full . This feral is all yours.
https://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=12204907
Just another day in the bureaucracy run by a gaggle of fucking idiots.
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@Siam said in Aussie Politics:
Tax dollars at work. Gender pay gap hearing. 3 minutes should be enough to see complete ineptitude. One male, a taskforce of females in this case
It never occurred to them to compare hourly wage rates to allow for one group working more hours?!
What an absolute farce. Bet those women are on stupid money as well. The dude destroyed the entire house of cards with one question. This kind of shit infuriates me.
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@antipodean said in Aussie Politics:
@siam Pauline is authentically retarded.
Good point you can be a real dickhead but at least you are authentic. A lot of voters are a sandwich short of a picnic and can really relate to Hanson being authentic.
Aussie Politics