westpac logoNABcommonwealthanzFact….and something you may not know how profit the banks are doing in Australia. The top 4 making billions from the people….. courtesy of articles  a killing in profit! .

Credit Card Fees, ATM Fees, Late Fees, Interest Fees, Statement Fees, It goes on and on…

Westpac as per Sydney Morning Herald, posted a record      $7.1 Billion (Australian Dollars) profit as of 4 November 2013

National Australia Bank (NAB) as per ABC News, posted on 31 October  2013  a 34 per cent increase in its annual profit up to $5.5 Billion (Australian Dollars) .as per abcnews.com

Commonwealth Bank (CBA), monster $7.8 Billion (Australian Dollars) profit, nations biggest ever on 14 August 2013 as per news.com.au

Australia and New Zealand Group (ANZ)ANZ Bank as of 29 October 2013, its cash earnings profit are up to $6.49 billion (Australian Dollars)  and plan to pay shareholders a bigger than expected dividend. More on http://www.smh.com.auPreviously ….in  year 2012,  all of the banks estimated combined TOTAL INCOME ASSET IS $2.66 TRILLION (Australian Dollars)

About LifestyleDownUnderAustralia2016

An American living in Australia. Sharing the past, present and future stuff of interest. Some people have dreamed of visiting here and I just want to give them the insight what it is really like living down under. A wonderful place to be.

One response »

  1. Believe these figures are based on a year to date… Go to Australian Stock Exchange for more insight of the banks. http://www.asx.com.au/ … see all the details there.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s