I'm really interested how banking system runs in "organised" countries like Australia.
How big are their taxes in the Australia?
In my country, banks have the power over politicians and they can do basically whatever they want to do.
There are some new people in the politics of my country... Hopefully they
can change something.
Banks being political players of influence is not unfortunately limited by nation state borders. It's a global issue. Here there's "the big four" referring to the major 4 banks and between them they amass huge financial and political power. The financial sector is the largest in our stock market for example. Thanks for the reply!