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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

Why Material Handling Hose Systems Are Critical for Transporting Abrasive Materials in Industry

Industries that handle large volumes of raw materials rely on dependable transport systems to move substances safely and efficiently through different stages of production. Materials such as sand, cement powder, mineral ore, and other bulk products are often abrasive and... Read more

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