The ANZ Bank has announced 3,500 job losses across Australia. NAB followed with 300, and Bank of Queensland added another 400. What is going on? Since 2000, housing loans have ballooned from around 55% to over 80% of the Big Four banks’ loan books. Mortgage brokers account for 77% of new home loans, meaning fewer bank staff is required. Meanwhile, small business and personal lending has plummeted from 40% to just 18%. Watch or continue reading 'Australian Jobs Out, Overseas Workers In' on m...| Malcolm Roberts