So the Banks are up to their old shit again. They attempted the exact same thing a few years ago and people took them to court and they won on the bases that they were not acting in a manner that was conducive for fair competition. Now, people must stand together again to do this for the second time.
The Banks will try anything in the power to retain their monopoly and the government is supporting them. The solution will have to be international participation and pressure on Banks to allow fair competition in this market.
If you look at when the OP open this thread, its 2015. That's when Australia hasn't recognized Bitcoin. But in 2017 they already made a U-turn and embraced crypto so this news is kinda out-dated but its crazy if you look back then. Australia today is one of the world safe haven for crypto and what a turn of events in just a span of 2 - 3 years.
