Privacy notice

In the light of both the federal and South Australian governments’ money grab in the guise of bank levies, has anyone calculated the banks’ real increase in profits for the past few years after taking into consideration capital raisings, retained profits and dividend reinvestment? Maybe this would more accurately reflect their earnings. It’s too easy to suggest the banks are making excess profits when, in actual fact, the profits are on a higher equity base. Heather, email