Director / Editor: Victor Teboul, Ph.D.

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Independent and neutral with regard to all political and religious orientations, Tolerance.ca® aims to promote awareness of the major democratic principles on which tolerance is based.

Australia's banks got $188 billion in cheap loans from the RBA. Now they're funding share buybacks

By Kevin Davis, Emeritus Professor of Finance, The University of Melbourne

The Reserve Bank’s Term Funding Facility was meant to support lending during COVID. Instead the funds might be ending up in the accounts of bank shareholders.

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