Gravity will eventually win.

The gravitational pull of gross dividend yields consistently and long term much higher than bank deposit interest rates and unreliable finance companies deposit rates which have no capital gain. And backed by Government financing and guarantees and assistance.

Interesting tussle developing between the new cable, Chinese financed and part owned, between Australia and NZ, and the Southern Cross owners who have already slashed rates to render the return from this new cable rather less economic if indeed it is still positive.