The calls that banks make to much money are almost every second especially on the ABC ,the banks pay out 70% to 80% to shareholders and super funds who have large holding in banks,the banks all pay the amount of tax that they are required to not like many Australian and overseas companies and they also pay a levy,most of the bank shares are at or below where they were 10 years ago although they have payed good dividends they have also raised capital form share holders the reason is there has been little growth and that has made them a poor investment. If term deposits are 2% because home loan rates are at record lows banks would like higher rates so they can more money and people would put more money in term deposits,if rates go up then home borrowers will be screaming ,there are plenty of alternatives to term deposits. The banks have let everyone down their customers,there shareholders and the country the rates of pay are obscene like many other companys
