bank super profits tax needed, page-26

I don't like banks. Yes banks make a lot of money but they do not do any productive work like the rest of the participants in an economy, they just push pencils and paper. The average person who takes out a mortgage ends up paying twice as much as the sticker price on the house in interest, that is not good for the citizens but the way it is designed, you can neither save your money to eventually buy a house because of inflation, they have cornered market basicly.

They have an unfair advantage as well, if they don't have enough money on hand to pay depositors, they can open a line to the RBA and request as much as they need. Nobody else can do that.

I think any stock is ok to buy if it is going up, I just don't personally like them and many people feel the same way.