The major political parties’ economic policies from the 1980s onwards smashed Australian manufacturing, which shrank from 20 per cent of GDP in 1980 to barely 5 per cent now.
While the mainstream media provides non-stop coverage of the unrest occurring in Hong Kong, recent turmoil in Ecuador barely rates a mention, yet seven protestors are dead, 1,340 injured and 1,152 have been arrested.
While the major banks, regulators and government have done everything in their power to block any moves towards bank separation, they have ignored one important point: separation would be good for the banks as businesses.