Australia's banks are too big for the nation's good

Sat, 17 Sep 2016 15:36:16 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<http://mobile.abc.net.au/news/2016-08-31/janda-aus-banks-are-too-big/7789830>

"Bank bashing is something of an Australian national pastime but, far from
being driven solely by envy at their success, there are sound economic reasons
to think the big four make way too much money."

Too much banking can be harmful to the economy.

Cheers,
        *** Xanni ***

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