Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

Westpac Bank Bananas - A Response from Mozo.com.au

Loading...

Sign in or sign up now!
5,406
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Dec 9, 2009

The truth behind the comparison of banks and banana smoothies! Westpac tried to justify its interest rate increases by comparing themselves to a banana smoothie company. This video covers a few aspects that they forgot to mention...

  • likes, 4 dislikes

Link to this comment:

Share to:

Top Comments

  • Regardless of who the voice is, this video ought to be sent straight to Gail Kelly so she can sit there and consider how her organisation's insistence on maintaining profit margins in the face of an economic crisis is something that has a very real and very material impact on families. Hear that baby crying, Gail? That's your business outcome.

  • Does westpac accept organs for payments yet?

see all

All Comments (22)

Sign In or Sign Up now to post a comment!
  • Hilarious, you do realise banks have employees to pay as well, don't you? Do you all work for free? Do you like watching invoices you issued for work you did go unpaid? If you lent money and you could have spent it on something else, wouldn't you want something in return in the meantime, such as interest? Or a teddy bear?

    General public couldn't care less about understanding economics, this is a free lesson - when the banks go bust, no one will lend you money to buy a house. The End.

  • What maker of banana smoothies has 11 (count them, eleven CIOs?) *L*

  • Westpac Wankers

  • If you are a shareholder of Westpac, you know one thing for sure... that is you have incompetent people managing your investment with little or no conscience of how they get that profit for you. This time they failed on their overseas investments so to make up for the profit they slug the bread and butter customers. Shareholders of Westpac, if the customers revolted and leave, you will face a major profit loss by the next financial year. Consider that in your next Westpac AGM.

  • Yeah up yours Westpac, money could be saved by shaving some exec salaries, how bout that hey

  • Hear hear. Westpac had this coming. To belittle the impact they have on people's lives is unbelievable.

    By the way, for the record, banks do not HAVE TO pass on costs to their customers; they CHOOSE TO. They can only get away with doing so at will if there is a lack of competition. That's our problem.

    Vote with your feet!

  • Lol!! You're quoting wikipedia, a publicly editable source as proof to this authenticity?! C'mon guys, try a bit harder.

Loading...
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more