My question is to the Minister representing the Minister for Competition Policy and Consumer Affairs, Senator Sherry. This week the Australian Prudential Regulation Authority released a report on bank performance which shows that banks are making $1 in profit for every $2 they charge customers in fees and interest. It was reported today that the profit margins for the big four banks was more than 35 per cent. That is at a time when banks are charging up to $50 a pop when customers make a single mistake like overdrawing by one dollar. Does the government think it is reasonable for banks to continue to charge such exorbitant fees?