Q. Thinking about banks in Australia, would you support or oppose the Government taking the following actions on banking?
Total support |
Total oppose |
Strongly support |
Support |
Oppose |
Strongly oppose |
Don’t know |
|
Establishing a Government-owned bank |
55% |
23% |
21% |
34% |
15% |
8% |
22% |
Only permitting banks to change interest rates in line with Reserve Bank rates. |
74% |
16% |
37% |
37% |
11% |
5% |
10% |
Capping bank CEO’s salaries. |
81% |
12% |
55% |
26% |
9% |
3% |
7% |
Ensuring bank fees are not higher than the actual cost of the service |
90% |
5% |
64% |
26% |
4% |
1% |
5% |
Imposing a super profits tax on banks (like the mining tax) |
59% |
21% |
34% |
25% |
16% |
5% |
20% |
A majority of respondents supported all listed actions on banking. In particular, 90% supported regulating bank fees, 81% supported capping CEO salaries and 74% supported making banks pass on Reserve Bank interest rate changes.
There was majority support for all actions from both Labor and Liberal/National voters – although support tended to be stronger from Labor voters.