As Australian businesses, celebrities and athletes continue an outpouring of support towards bushfire ravaged towns of Australia and the thousands of volunteer firefighters attempting to contain the blazes, Australia’s Big Four banks have jumped on board too.
Unlike Prime Minister Scott Morrison who used the Bushfire media coverage as a publicity stunt, the Big Four are attempting to curtail damage done to them from the Banking Royal Commission and corporate cover-ups.
“We saw Nicole Kidman pledge $500k and Ash Barty donate her entire tournament earnings. There was such a big outpouring of support from the public for those generous actions and wanted to get in on the action ourselves,” said Hugh Honey, spokesman for Trust the Big Four Banks Association.
“Since we made millions from the Australian public for selling dodgy insurance policies and getting caught out for money laundering, these fires give us a chance to give something back to Australian communities.
“So for every $1 million of profit we make this year, we will donate $25 to the Bushfire Fund.”
Australia’s industrial and IoT sectors are racing toward smarter, more autonomous sensing and one of…
As interest in neuromuscular activation tools accelerates across elite sport, Control Bionics Limited (ASX:CBL) is…
Australia’s data-centre construction sector continues to surge on the back of cloud adoption, AI-driven computing…
A major Australian research initiative is set to push forward global understanding of brain injury,…
Following a successful FY25 which saw a boost in gross profit after launching its refurbished…
Pivotal Metals (ASX:PVT) has locked in $5.4 million in fresh funding to accelerate exploration across…