Posts Tagged ‘westpac’

Win for sanity in Hager vs Westpac

Written By: - Date published: 1:29 pm, February 21st, 2017 - 29 comments

The Privacy Commission issues a ruling that should not have been unnecessary.

“A creeping authoritarianism from the current government”

Written By: - Date published: 4:17 pm, October 28th, 2015 - 37 comments

The reaction to Westpac handing over Nicky Hager’s data to police is still playing out. Rob Hosking observes “a creeping authoritarianism from the current government”.

Fifty year mortgages

Written By: - Date published: 9:22 am, November 9th, 2014 - 79 comments

Fifty year mortgages are here, and as usual the game is rigged against the ordinary buyer. Madness.

CANA: Bathurst hits its own “perfect storm”

Written By: - Date published: 3:35 pm, February 17th, 2014 - 22 comments

Coal Action Network Aotearoa has this characteristic story of the problems with the cost structure of opportunistic mining in NZ.  The current world price of the coal found on the Denniston Plateau has sunk considerably below Bathurst Resources’ stated break-even price and shows no signs of rising.   What is the bet that NZ is going to wind up with another unwanted hole in the ground as a shell company gets folded up?

Westpac workers fed up with pushing debt

Written By: - Date published: 10:43 am, April 19th, 2013 - 34 comments

Bank profits are up again. A 10 per cent increase over the past three months it was announced yesterday. What we don’t often hear though is how this profit is generated. It basically goes like this. Bank staff are all under sales targets. They need to sell a certain level of debt to meet these […]

Bake a cake for the LWR workers

Written By: - Date published: 1:51 pm, May 17th, 2009 - 11 comments

A great initiative from the National Distribution Union: With the bank (Westpac) leaving Lane Walker Rudkin workers out in the cold without their redundancy pay and the Government failing to respond to calls for funds to establish a worker-led support centre we are running cake stalls to help the workers help each other. The first […]

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