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Policy initiative: A people's bank 251.47 KB

Australia’s financial sector is defined by the power of the big-four banks, the money they make off housing loans and their billion dollar annual profits to shareholders. In the face of ongoing misconduct and price gouging, it’s time for Government to step in and ensure that there is a low-cost banking service, backed by the RBA, that is focused on the everyday savings and mortgage needs of customers.

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