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Interesting.. #auspol

22,131 views • 1 year ago •via X (Twitter)

10 Comments

tyrone mcgillick🌸's profile picture
tyrone mcgillick🌸1 year ago

Nah he's missed the point, Australian banks can loan beyond what they have in capital.

BiologicalAussieMale67🇦🇺😎🥩🍳🧈's profile picture
BiologicalAussieMale67🇦🇺😎🥩🍳🧈1 year ago

It’s called corporate theft!

Chris Swan's profile picture
Chris Swan1 year ago

Thanks to Keating.

Sunnie's profile picture
Sunnie1 year ago

Incredible.

Lynn Phillips's profile picture
Lynn Phillips1 year ago

This is why you ... Pay the bank's requirement weekly instead of monthly Work out how much interest you're charged daily (monthly interest amount charged, divided by days in the month) Pay at least that amount every day Any spare money you get, chuck it on the debt Pay the debt off as fast as possible

Brighter Days 's profile picture
Brighter Days 1 year ago

Because they are fraudulent criminals.

Tom Playford's profile picture
Tom Playford1 year ago

Utterly protected by regulation and indemnity from insolvency thanks to friendly governments that have bailed them out twice in living memory. So foreigners keep piling money into them - the C'wealth bank is one of the largest in the world by market capitalisation. Go figure.

Charlie's profile picture
Charlie1 year ago

What’s the name of this podcast?

Roger Ramjet's profile picture
Roger Ramjet1 year ago

Are you lot really this thick?! I’ld like to give you all the benefit of the doubt but everytime you open your cake hole more boorish drivel spews out

Bonn Neill's profile picture
Bonn Neill1 year ago

They also don’t have same negative gearing & capital gains tax concessions, whilst they do have them they have restrictions

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