Value Collector's latest activity
-
Value Collector replied to the thread CBA - Commonwealth Bank of Australia.That’s when people wanted to use it, but very few people use cash these days , so keeping the large amounts of cash laying around for a... -
Value Collector replied to the thread Cashless society.The customers want to use digital, there is a reason cash usage is shrinking, it’s a pain in the butt. The only reason so many small...
-
Value Collector replied to the thread Cashless society.As I said they pay the government 0.06% of deposits each year for the benefit of having their customers deposits guaranteed, but...
-
A bit of interesting fluff for APA holders. (All the real news has been covered..) These 2 ASX dividend shares have grown their...
-
Value Collector replied to the thread Cashless society.Firstly when has that actually to an Australian bank happened? Secondly they pay an insurance fee, called the Bank Levy which is a...
-
Value Collector replied to the thread APA - APA Group.The dividend will be stable and growing, and the share price should eventually recover to whatever a rational dividend yield is based on...
-
Value Collector replied to the thread CBA - Commonwealth Bank of Australia.Well, you asked what parts of the traditional banking are superior to crypto, and I showed told you. As you mention the parts of...
-
Value Collector replied to the thread Cashless society.They are normal businesses In the sense that they require costs to be covered by revenue, and it doesn’t seem in fair to expect the...
-
Value Collector replied to the thread CBA - Commonwealth Bank of Australia.I mean when you request the $20,000 withdrawal, the bank would need a special delivery of cash, using an armed guard. Which obviously...
-
Value Collector replied to the thread APA - APA Group.Not to mention the other announcement on the Pilbara grid, another good piece of infrastructure to diversify away from gas
-
Value Collector replied to the thread CBA - Commonwealth Bank of Australia.even a 1 minute wait time is huge compared to Mastercard, which most of the time would be less than 5 seconds. He asked for one way the...
-
Value Collector replied to the thread CBA - Commonwealth Bank of Australia.they did reintroduce that in 2017, they just call it the "Major Bank Levy" now, but its at the same amount 0.06% of deposits, and they...
-
Value Collector replied to the thread CBA - Commonwealth Bank of Australia.The banking eftpos machines / credit card transactions can process hundreds of thousands of transactions a minute bit coin can't do...
-
Value Collector replied to the thread CBA - Commonwealth Bank of Australia.I think that has always been the case, and they would need an Armed guard to make a special trip to drop that off, but you don't think...
-
Value Collector replied to the thread Cashless society.I wouldn’t compare the $410 Million cash handling cost to their profit, because they are going to need to earn that return on their...
