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Why banks owe Australian taxpayers

The defenders of the big banks who are outraged over the new tax on the big four plus Macquarie either have conveniently short memories or little understanding of just how exposed these pillars of commerce were during the global financial crisis.

The defenders of the big banks who are outraged over the new tax on the big four plus Macquarie either have conveniently short memories or little understanding of just how exposed these pillars of commerce were during the global financial crisis.…

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