Oct 20, 2026 · 58 min · 12 segments
Kevin is impressed by the Nobel Peace Prize that a certain U.S. president did not receive.Kevin chats with Shane McGrath from Housing Action for the Aged, about some actual good news.We relisten to an…
Now, poor old Comm Bank, Commonwealth Bank, the witch bank which used to be our bank, was They gave us a warning last week, no easy answer to productivity problems, etc.
At the same time, they were forced, this is a terrible thing, after a long, tight battle between them and the union.
They've agreed to give their lowest paid staff, that's mainly the tellers, etc., a 13% pay rise over three or four years.
It works out to about 70% a year, somewhat less than inflation, I would have thought, but nonetheless.
They believe the workers played a key role in the 11 point something billion, million massive profit they showed for the year, which is absolutely ridiculous.
When we know, yeah, the massive profit, but then they, I think we all know the real, the the real cause of the profit, the real reason for the profit is Matt Common himself, not Common, the head.
And he struggles along on only a 9.1 million pay packet, poor Matt, with other perks.
then, oh, this is awful, a headline turned up a few days later in the financial review, bank CEOs, all of them, all of them, big four, to be grilled over mortgage gouging.
Now, poor old Comm Bank, Commonwealth Bank, the witch bank which used to be our bank, was They gave us a warning last week, no easy answer to productivity problems, etc.
At the same time, they were forced, this is a terrible thing, after a long, tight battle between them and the union.
They've agreed to give their lowest paid staff, that's mainly the tellers, etc., a 13% pay rise over three or four years.
It works out to about 70% a year, somewhat less than inflation, I would have thought, but nonetheless.
They believe the workers played a key role in the 11 point something billion, million massive profit they showed for the year, which is absolutely ridiculous.
When we know, yeah, the massive profit, but then they, I think we all know the real, the the real cause of the profit, the real reason for the profit is Matt Common himself, not Common, the head.
And he struggles along on only a 9.1 million pay packet, poor Matt, with other perks.
then, oh, this is awful, a headline turned up a few days later in the financial review, bank CEOs, all of them, all of them, big four, to be grilled over mortgage gouging.
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