of the world?, page-8

Yeldub good points

Interest rates have been the major lever setting our economy since deregulation some years ago

Deregulation was designed to set a level playing field and banks have been protected from that level playing field

They are taking advantage of that protection and affecting our economy

If no levers are left then opening up the entry of competing overseas banks it's now time to level the banking field

Time to free up 4 pillar banking cartel so Australian companies can again be competitive in overseas markets

My opinions G48