I do know that the 4 pillar framework has been lauded by successive Labor and Liberal Governments.
I do know that these governments credit the strength of the Australian banking system as one of the reasons Australia was not overly affected by the GFC.
I do know that CBA, WPC, ANZ and NAB rate in the top 10 global banks.
It ain’t all bad, and many a government took the kudos when it suited.
Only the last government standing stands up for certain aspects of our strong banking system.
Labor, given enough rope, over the coming months will grandstand and overreach and will damage the banking system they have lauded until only recently.
