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this post was submitted on 21 Feb 2024
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Was wondering if this should be posted in uplifting news or here, but I think it is a bit naive for me to think that they will change their pricing policy anyway, just rinse and repeat while hoarding record profits.
It's basically just because of his trainwreck interview with ABC. He walked out because he got the slightest bit of pushback and said something ridiculous that ABC wouldn't take out.
Not uplifting. CEOs are literally there to be pushed out whenever things hit the fan - just so the company is seen to be doing something. Nothing will change. Profits will stay. The rich will keep getting richer. Move along, plebs.
NAB did the exact same thing after the banking royal commission