Westpac preaches climate change while 'funding pedophiles'

Sky News Australia

Westpac preaches climate change while 'funding pedophiles'

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Sky News host Chris Kenny says Westpac does lots of corporate virtue signalling but fails at its crucial and most fundamental tasks. Westpac CEO Brian Hartzer stepped down on Tuesday following revelations the bank breached anti-money laundering and counter terrorism laws more than 23 million times. Mr Kenny said this is just another example of big business forgetting the basics. If you go to its website, Westpac has plenty to say on climate change, human rights, gender equality, Indigenous native title rights and reconciliation, which are all worthy causes, but for a bank, what about priorities? he said. What about not ripping off customers, what about keeping fees, rates and costs as low as possible, what about not funding obscene bonus schemes and what about not funding paedophiles. What about getting the basics of banking right before you pretend you can cool the planet and solve the problems of the world. Image: News Corp Australia Read More Our Apps