FactCheck: do bank profits 'belong to everyday Australians'?
- Written by Mark Humphery-Jenner, Associate Professor of Finance, UNSW
Bank branch employees featured in the Australian Bankers' Association national advertising campaign.
A lot of people don’t know that nearly 80% of all Australian bank profits go straight back to shareholders and the majority of those shareholders are everyday Australians who own bank shares through their super funds.
– Excerpt from the...
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