Why Australians are turning their backs on the banks

Institutions that fail to deliver on their promises -- either in politics or in the financial sector -- are being shown the door by fed-up Australians.

Power to the people. We are seeing both in politics and in banking investment what happens when large parties or corporate institutions don’t deliver.

Australians have turned their backs on the big superannuation fund managers and are now turning their backs on bank deposits. The implications are enormous, given what the Murray report is about to do.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles