Just an observation - people complain about the big 4 banks in...

Just an observation - people complain about the big 4 banks in Australia being too big but you seem to be fearful of too many banks in Australia and that there should be a consolidation process. This happened in the 1970's and 1980's and that is why we do have the big 4 banks we have now. You have a sell recommendation for NAB at least (and I will extend an assumption that you would have for the other 3 big Australian banks) so that seems to be somewhat contradictory.

I would also suggest that the regulations now being applied to bank lending practices are not coming from the banks directly but from the regulatory framework as a result of the royal commission.

In addition, I would suggest that most people attack the big 4 banks but conveniently distinguish them from other companies - Banks are profit making commercial entities as well. They are not charities . Strong profitable banks are necessary for a strong economy.