Australian (ASX) Stock Market Forum

Value Collector's latest activity

  • Value Collector
    Value Collector replied to the thread Cashless society.
    Nah, cash is getting funded less and less, so it is time to make the people that are heavy users take more of the cost
  • Value Collector
    That depends which ones you are talking about, they all have different pros and cons, and expectations of your actions etc. often they...
  • Value Collector
    Yes, if you do enough business with the bank you might get offered an account type with no fees, or if you have a home loan often free...
  • Value Collector
    A judge in a Delaware court has again rejected Musk’s $56 Billion pay package...
  • Value Collector
    Why 90% of the customers were going to be paying less, when you factor in the lowering of the monthly bank fees. Only the heavy users of...
  • Value Collector
    Yes, but at call funds, that are withdrawn every pay day are not very useful to the banks. $410 Million is cash handling costs is a...
  • Value Collector
    It’s actually a very fair decision. Eg reducing the monthly account fees but introducing a cash handling fee, it means the people that...
  • Value Collector
    Value Collector replied to the thread Cashless society.
    Yep, they are pausing for 6 months so they can contact each customer directly to explain that the account keeping fees are dropping, and...
  • Value Collector
    Value Collector replied to the thread Cashless society.
    I took a closer look at the proposed change, and it’s actually pretty fair. Basically all that $410 Million cash handling cost is...
  • Value Collector
    Value Collector replied to the thread Cashless society.
    You definitely own your own money, but you are using a service, that has expensive running costs. Some one needs to pay for that. If...
  • Value Collector
    Value Collector replied to the thread Ageing population.
    I am not arguing in bad faith, you are just wrong. But I am tired of this discussion now.
  • Value Collector
    Value Collector replied to the thread Ageing population.
    What percentage of people at a Taylor swift concert are international? I don’t think it’s a high percentage especially vs the amount of...
  • Value Collector
    Value Collector replied to the thread Cashless society.
    Yes CBA is in the business or taking deposits and making loans etc etc, but the vast majority of that these days is done digitally, at...
  • Value Collector
    Value Collector replied to the thread Cashless society.
    Obviously people that are used to getting a service for free, get a bit touchy when they are finally being asked to pay for that...
  • Value Collector
    Value Collector replied to the thread Cashless society.
    The armed guards etc that need to work behind the scenes are real costs. They are making billions from the other business units, but...
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