A close look at the smaller parties: The Bank Reform Party

(Image: Bank Reform Party logo, courtesy Bank Reform Party)

Are big Aussie banks acting like a cartel and hurting the economy? The Bank Reform Party thinks so. They wants to implement more consumer protection, enact more government support for smaller financial institution, and force banks to follow the Reserve Bank cash rate. In the latest look at Australia’s minor political parties, we investigate the Bank Reform Party, whether the big banks are hurting the economy, and whether the Bank Reform Party’s proposals can make the situation better.

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