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Australia took its interest rate medicine – and it has poisoned our living standards | Greg Jericho
(www.theguardian.com)
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Essetially "socalism", In the US Goverments backed Fannie Mae and Freddie Mac, so commercial banks had to compete for loans.
We'd need a government bank to do the same, I think its part of The Greens policy to reestablish one and offer them? but we'd need way more voters to pivot Green, thay seems unlikely, so we're left with the same stupid, repeating the same stupid mistakes... we sold the last Government bank off.
Or legislation and that's never going to happen with ALP/LNP.