Wake Up World - Lee Maddox, 7/29/13
Source: http://www.spankyourbank.com.au
Although Australia’s Big 4 promote competitiveness amongst themselves, they are all owned by the same (mostly foreign) financial interests; specifically HSBC Custody Nominees, J P Morgan Nominees Aus Ltd, National Nominees Ltd and Citicorp Nominees Pty Ltd.
By this time you’re probably wondering about the Reserve Bank of Australia (RBA). Well you should be.
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