FactCheck: do bank profits ‘belong to everyday Australians’?

The Australian Banking Association says 'nearly 80% of bank profits go straight back to shareholders', the majority of whom are 'everyday Australians'. Is that right?

Bibliographic Details
Main Authors: Humphrey-Jenner, M., Hodgson, Helen
Format: Non traditional textual works
Published: The Conversation 2018
Online Access:https://theconversation.com/factcheck-do-bank-profits-belong-to-everyday-australians-88156
http://hdl.handle.net/20.500.11937/69644