An extraordinary level of profit-taking still being extracted by the Australian Banking Gang from ordinary New Zealanders.
David Hisco’s nine years as CEO of ANZ (while his expense claims went by unbothered by board oversight) has been a weird echo of the nine years of social neglect by the previous National government.
Across the Tasman a Royal Commission has been barking very loudly indeed about the activities of the Australian banks that own the main NZ banks.
You will land in big trouble if you try to rob a bank. (Don’t do it people.) But when banks rob us, we will worry about whether they might have an attitude problem.