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Fix The Banks

Blog
Peter Whish-Wilson 11 Jan 2019

We need to fix the banks now. If the banks fail it affects everyone and everything.

Our Plan

The Greens have a comprehensive plan to fix up Australia’s banks. In the same way that misconduct in banking has been shown to be systemic, the response must be systemic. The best way to ensure victims of misconduct by the banks are not forgotten is to undertake the reform necessary to stop it happening again.

The Greens would:

  • Break-up the banks to stop the cross-selling.
  • Establish a publicly-owned “People’s Bank” to provide some real competition.
  • Put the ACCC in charge of conduct regulation.
  • Cap executive pay.

Find out more about our plan.

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