Australian regulators waxed lyrical about how "it's different here" at the time, both sides of politics said the same. 3 years later and the banks ended up in

Australian regulators waxed lyrical about how "it's different here" at the time, both sides of politics said the same. 3 years later and the banks ended up in court for interest rate rigging, all the regulators decreeing innocence from upon high now have lucrative private sector finance jobs and the relevant ministers lying through their teeth have long moved on. No one held at all accountable for supporting a rotten industry, in fact the opposite. Banks are the new untouchables.