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Truth about Oz’s big banks

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Your Investment Property | 21 Feb 2013, 04:00 AM Agree 0
Criticising big banks has come into fashion since the GFC, but most Aussies don’t realise just how much they control and how this influences their loans
  • Rosemary | 21 Feb 2013, 01:29 PM Agree 0
    Overall the Australian banks have a stranglehold on the finance marketplace, this includes mortgages, financial planning (St. George own Asgard, NAB own MLC etc) leasing and the list goes on. I don't think the average person in the street really understands this at all. If they did perhaps they would think a little differently.
  • Garry | 21 Feb 2013, 05:47 PM Agree 0
    the main banks want to have the monolopy on housing loans
  • Steve | 23 Feb 2013, 09:23 AM Agree 0
    Who are the other 8%?
  • Reg | 25 Feb 2013, 07:25 PM Agree 0
    What about small business that employs the home owners? They are being destroyed by greedy banks.
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