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#ANZ posts $2.97 billion first-half profit + increases interest rates when Reserve drops them! | #Auspol

Posted on May 2, 2012 by Darin Sullivan in Main

ANZ posts $2.97 billion first-half profit the day after it increases interest rates for customers, all on the same day that the Reserve Bank dropped interest rates.

Time to walk me thinks….. disgraceful.

About Darin Sullivan (1980 Articles)

Former President of the Fire Brigade Employees’ Union (2009-2018) and a professional firefighter with more than 30 years experience. I live and work on the NSW South Coast, Australia. I am a strong advocate for firefighters and emergency service workers with an interest in mental health issues and caring for those around me. I am a former Director on the NSW Fire Brigades Death and Disability Super Fund and work with charities including ‘The Movember Foundation’. As a leader and activist I have long been active in the campaign for action on climate change. I am a Station Commander in the fire and rescue service in NSW and have 30 years experience fighting fires, both rural and urban. I am passionate about highlighting the impact climate change is having on fire preparedness and fire behaviour in Australia, and the risks associated with inaction on climate change. I am also a spokesperson for the Australian Climate Media Centre.