You need to double check my post.
The bail-in laws Greece has recently made have been duplicated into Australia.
https://www.ainsliebullion.com.au/mobile/gold-silver-bullion-news/bank-bail-ins-in-australia-e2-80-93-why-your-cash-isn-e2-80-99t-safe/tabid/155/a/2070/default.aspx
This means when the interest rate (which has been artificially controlled by the RBA for years)does eventually go up and people start foreclosing on their homes.... the banks can bail-in themselves using your money (by converting your cash into the banks own shares at whatever current sharemarket price).
Anyway. I just wanted to point out that this is partly why stock like APT are successful as no one has enough money to buy stuff they dont need so they are using this system as a means to keep buying more stuff. Its one of the many signs showing just how unhealthy our market actually is.
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