Australia has been urged to follow New Zealand's example and establish a Government-owned counter to the four big banks that dominate the nation's financial sector.
The proposal to create an Australian version of Kiwibank has come in an open letter from six of the nation's most influential economists in response to the increasing power of the Commonwealth, National Australia, Westpac and ANZ banks.
Has Kiwibank been a success since it started? Here is the latest selection of Your Views:
Has Kiwibank been a success since it started?
Image from Kiwibank's World War II-themed television advertisement. Photo / supplied
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