Your View: Big four banks

THE big four banks were kept afloat by guaranteed government (taxpayer) funds when the global financial crisis struck in 2009.

Since then, though, a suspicious odour has increasingly wafted around the big four. This raised the likelihood of a proper inquiry into their suspected greedy behaviours.

The need for such an inquiry was vigorously opposed right from the start by the LNP Coalition in response to the powerful banking lobby.

Now such an inquiry is actually in progress, outrageous banking practices have surfaced almost daily, fully vindicating the need for the inquiry in the first place.

Thus, we, the taxpayers, will now not stand for the LNP-mooted $17billion banking tax break reward. It is both morally and just plain wrong.

If the government ignores this fact, then many of the silent majority will be driven to vote irrationally at the next election.

Brian Smith, Kadina

To view full articles in the CURRENT issue click HERE and follow the prompts to subscribe to YPCT-E.
For all previous issues please contact our office on 8821 1155.

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Royal Exchange Hotel
Kadina Travel
Fraser Ellis
Crowell Concrete
Larwoods
Copper Coast Dental
Bridgestone Tyre Centre
Coast Road Motors
Kadina Jewellers
Minlaton Engineering
Barley Stacks Wines
Metal As Anything
Yorke Valley Hotel
Star Of The Sea
SYP Motors
GJ east
Ziersch Cabinetmakers
Moonta Newsagency
YP Community Transport
Loctite Self Storage
Spiderman YP
Elders
Optom All Vision Care
Carers & Disability
Copper Coast Garage Doors
Peninsula Plumbing
Remsco