
Another $7 billion reasons why our big four banks are a licence to print money
ANZ has posted record revenue but a flat $7 billion profit for the year.
ANZ has posted record revenue but a flat $7 billion profit for the year.
The Palaszczuk Government’s fund manager, Queensland Investment Corporation, paid an eye-watering $95.7 million in bonuses to its executives last year, more than it made in after tax profit and double the dividend it paid back to the government.
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Westpac has produced a $3.2 billion half-year profit, a 63 per cent increase on the previous half year as the bank said the housing market was already showing signs of slowing.
Fortescue Metals Group has more than doubled full-year profit and its final dividend after iron ore production exceeded annual guidance and prices surged in the second half of the year.
Collins Foods Group has cracked $1 billion in revenue for its financial year and is now looking to significantly boost to its successful KFC franchises.