Bob Katter

It says a lot about the state of politics today that the worst thing following the Murdoch-owned Sky News interview with neo-Nazi Blair Cottrell on immigration earlier this month, was not that a media outlet was giving a fascist a platform. The worst thing was that Cottrell’s comments were indistinguishable from those of other mainstream media outlets and elected politicians.

With calls for a royal commission into the banking sector growing, the argument for a new "people's bank" to challenge the domination of the big banks is gaining strength. A number of recent events have propelled community anger at the "Big Four" — Commonwealth Bank (CBA), NAB, Westpac and ANZ — to the point that a royal commission seems increasingly likely.