Mow, new to the forum however watching for months. Love Martis...

Mow, new to the forum however watching for months. Love Martis black pen and all the charting jokes, am a huge fan. However had to comment on Swanny's banking super profits tax, very funny. Thing is even the dim likes of Swanny know that banks are very special beasts, the banks are gold the government will not touch them or thier profits. Stamp duty is a huge fund raiser, Swanny loves stamp duty. This government will prop up housing prices by not releasing crown land to developers because it is their interest to ensure that the banks assets do not lose value (ie home prices falling. Higher home prices higher stamp duty. Also who do you think will have to print money to re-capitalise the banks if thier assets fall below capital adequacy levels. Yes that is right Swanny. Sorry mate will never happen the big four are very safe in my opinon despite what american analysts might say.