Business
How the banks got the jump on Victoria’s lockdown – The Australian Financial Review
Bank lobbyists secured exemptions for hundreds of job functions before the state was locked down, leaving other industries squealing about the lack of consultation.
It also includes a great many other roles required for a properly functioning banking system, including credit approvals, financial markets functions, payroll processing, the operation of a branch network and fraud detection.
But the list also contains a number of roles which might be considered adjacent to the operation of a retail banking service.
Debt collection services, hedging and permitted proprietary trading are on the list. The manufacture of credit cards, foreign currency exchange, w…
-
Noosa News17 hours agoYoung voices shape Sunshine Coast’s future
-
Business17 hours ago2 Low Cost Active ASX ETFs to consider
-
General21 hours agoUS stocks sink further as Donald Trump urges Americans to be ‘courageous and patient’
-
General21 hours agoDonald Trump threatens China with additional 50 per cent tariff as trade war threatens to escalate