Watch out for the disillusioned — 1 Comment

  1. Ian you’re a smarter economist than I will ever be but if this doesn’t work, what else? I do agree with the salary cap, seems inequitable that failing banks are still rewarding their top dogs with million dollar salaries. I heard that some banks had granted wage increases up to 3.5% for their employees? Do they really need ‘bailing out’. Ours are still paying hefty dividends despite the interest rate having fallen. And whilst lending has slowed, they seem to be doing OK all on their own.

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