Browsing: Westpac

News
Westpac raises rates, ire and bananas
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Westpac Australia recently raised the interest rate on its variable mortgages by nearly twice the level of the Reserve Bank’s increase, to the chagrin of many of its ever-poorer customers. So, it decided to release a patronising little animation entitled Cool Bananas to justify the decision.

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TSB responds to Westpac woes
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Front page of the Herald today: TSB Bank gets a well-placed ad in, right under the story about the IRD ordering Westpac to pay $1 billion back in taxes and interest after finding the bank guilty of tax avoidance.

The ad reads: “Tax avoidance is like under arm bowling. We …