The Greens are committed to consumers being protected within a strong and robust banking and financial services sector in Australia. Banking is an essential service and therefore needs special government attention, regulation and support.
The Greens are committed to competition as a path to better banking services, but believe the structural reality of the Australian market means full competition is not possible or desirable, as it might see banks fail. Given this reality, we need to be prepared to take other steps to ensure consumers and the taxpayer gets a fair share of the protected market that the banking sector enjoys.
13 May 2013
Adam Bandt says something must be done to rein in the big banks who are gouging credit card customers.
07 May 2013
The big banks are making record profits and must pass on in full today’s Reserve Bank interest rate cut Adam Bandt said.
03 May 2013
Labor needs to have the guts to act on another record profit from one of the big four banks, says Adam Bandt.
30 Apr 2013
Adam Bandt says another record profit from ANZ announced today means the government should look to raise revenue from the big four banks.
27 Mar 2013
The RBA says the big four banks are making record profits. Adam Bandt says banks should contribute to the upcoming Budget bottom line.
08 Mar 2013
Adam Bandt has outlined a proposal for a 'Public Support Levy' on the big four banks in return for the implicit "too-big-to-fai...
07 Jan 2013
Greens Deputy Leader and banking spokesperson, Adam Bandt, today released a proposal to ban the big 4 banks from charging ATM fees.
31 Oct 2012
Adam Bandt says the Greens will move for a Senate inquiry into the government's 'Unclaimed Money' bill.
08 Oct 2012
The Reserve Bank has still failed to satisfactorily explain why the Federal Police were never called in to investigate corrupti...
11 Sep 2012
new revelations in the Reserve Bank bribery scandal mean the Treasurer must establish a full judicial inquiry into the affair.