Bank profits make for safer super


A profitable bank means a safer income stream.
A profitable bank means a safer income stream.

THERE seem to be a few who do not like banks making a profit and want another expensive inquiry.

I am very pleased as a self-funded retiree, shareholder and customer of the Commonwealth Bank. It gives me a safe income that I could not get from bank interest.

If you belong to a superannuation fund, I would dare to say it would have bank shares. They are a safe investment, as I found in the downturn of the share market.

There is no need for an inquiry into banks.

FRANK GRANGER, Applecross.