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    Home BTalk Australia Banks Have a Licence to Print Money | BTalk
    Banks Have a Licence to Print Money | BTalk Print E-mail
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    Written by Phil Dobbie   
    Wednesday, 10 March 2010 22:05

     

     

    (Episode 452; 13 minutes 42) Since deregulation in 1983 banks in Australia have increased their share of the lending market from 50 to 90 per cent. The result, argues David Richardson, that banks are reporting far greater profits than you would expect in a competitive industry.

    Read the full article on BNET.com.

      



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