Here’s the beginning of an article by Jessica Irvine from the Sydney Morning Herald that is well worth the read. Make sure to take the time to read the comments at the bottom of the article as well.
“High returns, little competition – life is still sweet for the big banks”
I have a business proposition for you: how would you like to invest in a company with a steady stream of incoming business, customers that are unlikely to switch to competitors and where, if it all goes wrong, the government guarantees it won’t fail?
”Where do I sign?!” I hear you ask.