Is it Ethical Behaviour for Australian Politicians to “Bank Bash”

Having worked in a Bank for 35 years in my past life I feel I have the experience and knowledge to speak on this subject matter both from being an ex banker and also having spent the past 10 years carving out a business in the competitive Australian  and International landscape.

The purposes of any business is to run at a profit, provide a good return to its shareholders and at the same time provide employment opportunity to people who wish to grow and develop in their chosen fields.  One would also agree that an important role of any business is to provide a high level of service to the many clients who make the choices when choosing to deal with the company concerned.

The continual “bashing” of Australian Institutions that provide a secure environment for investors along with providing funding to borrowers that meet the risk assessment polices of the banks, is not what I consider a very smart move by the “Bashers”.

Politicians are there to provide a professional level of service to the people who vote them in and also to make sure that our economy is secure and they do not place the country into debt levels we cannot afford to service, just like the Banks do when assessing clients. Cheap shots and that’s all they are by politicians, are designed to try to win votes which in turn may secure their job role for another term as there are some people who feel that a “Bank Bashing Pollie” is good for business.

Please also understand that within the many Banks and providers of credit within the Australian Financial System, there are many great and dedicated people who work tirelessly and yes the Bank bashing has an effect on them and their families as well, who bear the brunt of the “Bank Bashing” nonsense.

Australia is a much safer place due to the strengths and leadership shown within our many Banking Institutions.