go on, ditch your bank, says pm, page-22

we need to backwards in history, when the banks were state owned....no huge salaries for some imported goon, just plain no nonsense banking for everyone...

depositors got a fair return about 5%, borrowers paid 6-6.5% and the 1.5% margin paid for everything....
nothing too fancy, just litte banks of nsw, bank of qld, state bank vic, everywhere, in most towns, or banking available at the local post office

the only way to stop the banks gouging and wiping us all out is to return to the old ways, where banking was fair to everyone, not like today where just the ceo's and shareholders benefit

in those days they borrowed long term, or used depositors funds to lend for mortgages, and businesses..
no fancy borrowing at 3 months against a 25 year loan, no derivatives, or off balance sheet, shonky stuff

and its rubish that you can simply dump a big 4 loan and go find another lender....
huge costs involved in taking out a loan, and nothing to say the small lenders can handle the loans...
24 billion in profits just reported for this 4 lot of mongrels...aand they want to screw us even more..

pssst swan...no one listens to you...least of all the bankers..