Budget Targets Hit

The Target Economy

Summary: 

Once again a treasurer ignores the big picture and fiddles around the edges. Many of our young will never own their own home in part because bankers love big pay cheques and bonuses. So what does Morrison do? He cuts taxes on beer. The genius crows about hitting targets ... and he's right. But what target? Budget night is full of fantasy and fudged figures because the truth is just too alarming ..... and dangerous. We are going backwards while the pollies pretend we are going forwards. Debt levels worsen every year. Billions on education and way too many of our kids are having difficulties with literacy and numeracy. What gives?

Article Information
Author: 
Dr P Brandson
Source: 
Bank Reform Now
Date First Published: 
6 May 2018
Posted By
Peter Brandson
Peter Brandson's picture

Top 4 Australian Banks - Under Scrutiny

AU Banks want much more than just the farm!
  - The world knows it, but do the people of Australia know it?
It's time to spread the word.


Flush and Dominant, Australia’s Banks Come Under Pressure

There is "...a growing storm in Australia over the size, power and conduct of the country’s four big banks."

"Long politically protected and immensely profitable, Australia’s big banks are now facing the biggest public outcry in a generation..."

"... Australia stands out. At a time when the world is considering what to do about banks that are too big to fail, Australia offers a glimpse of just how big — and how dominant — they can become."
Quoting From NY Times Article By A. ODYSSEUS PATRICK OCT. 14, 2016

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