royal commission into banks

The publication of NSW Greens Senator Lee Rhiannon’s new pamphlet, Sold off, sold out: the disaster of privatisation and how to reclaim our common wealth, is timely.

With the federal government now supporting a royal commission into the banks and widespread controversy over national energy policy, the damaging consequences of privatising many of the country’s formerly publicly owned industries is clear for all to see.

Just as the big 4 banks will be promoting how important they are to the community, Green Left Weekly will be there to fight them and argue for putting them under our democratic control for the benefit of society and the planet. But we need your support to do this...

Australia's Big Four banks — the Commonwealth, NAB, ANZ and Westpac — are the most concentrated and profitable set of banks in the world. These mega-banks are cutting their workforces, while paying their executives huge salaries and bonuses. They should be placed in public hands.

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