Early Edition with Kate Hawkesby

The Banks. They're a nice, big, slow moving target, so it's pretty easy to throw mud and have at least some of it stick. Right now, with higher interest rates and more importantly fat margins between what they pay us for our deposits, and what we pay them for our mortgages. The sun is shining for the Banks and they're making' hay. And the numbers are pretty big. Westpac's most recent result was $1.16 billion for the year, up 12 percent. ANZ was at $2.3 billion and increased of 20, yeah 20, percent. You're probably aware from what we've heard his past few days, that if you shop around you don't have to pay the published mortgage rate. If you tell them such and such bank down the road is offering a fraction less, you'll be surprised how quickly they'll drop their pants. Same too, by the way, with term deposits.   Rather than just let those roll over, you simply have to ask and they'll grudgingly give you a little more.  Not much, but it's the principle of the thing. So are the banks being greedy. Well, yes, of