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Australia's banks got $188 billion in cheap loans from the RBA. Now they're funding share buybacks

  • Written by The Conversation
Australia's banks got $188 billion in cheap loans from the RBA. Now they're funding share buybacksshutter_o/Shutterstock

Much has been written about the taxpayer-funded windfalls to some companies provided by the A$90 billion JobKeeper scheme. Their gains have come from grants given to them to offset projected COVID-19 losses — with no obligation to pay that money back when the losses didn’t eventuate.

Australia banks may have reaped...

Read more: Australia's banks got $188 billion in cheap loans from the RBA. Now they're funding share buybacks

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Global expansion is both opportunistic and complicated. As companies venture into new, international territories, they must consider language differences, cultural dynamics, regulatory systems, and consumer needs. However, localization does not mean that a consistent brand message should be sacrificed. A... Read more

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