The Banks in Australia Pay Ten Billion in tax per year. But lets put that in Perspective.
The Government taxes Australia 400 Billion per year overall. And then spends all that 400 Billion and some.
So Like Ive stated in letters to the Government. The Government is protecting the Banking Monopoly at the expense of the Economics of the Country.
Australia would be so Much better Off if we had Building Societies made up of The Local Society OF Builders.
Too many White Collars sitting on Comfy Chairs and taking Home the kings Ransom at the expense of Real Australians.
With Building Societies made up of actual Builders all over the Country it would allow every single Town and City to thrive economically. It would create upto 10 Million Millionaires in Australia. Everyone would be the winner compared to the economic Model we have in Australia right now.
Right now, the Banks take all the Mortgage Money out of every town in Monthly Payments over and over every Month.
This Drains every town and city of its cash earnings every Month.
My Econonomic Model, would allow the Local Society OF Builders (Building Scoiety) to be the Collector and Provider of the Home Loans in That Local Town.
It means the Money paid in Interest Payments on Mortgages leaves the Money INSIDE the Town.
Compared to now it Drains the Cash out of every town and into the Pockets of White Collar Banking Fat Cats.
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