With plummeting share prices and fleeing deposits more mid-sized US lenders are set to collapse. Failing with them, however, is the narrative about the causes of the crisis.
Latest Media Release
Australian Citizens Party
formerly Citizens Electoral Council
Project Iron Boomerang—
revolutionise global steelmaking and reindustrialise Australia
Australia needs to think big if we are to build our way out of the current economic depression. There is no bigger idea than Project Iron Boomerang, a plan to connect northern Queensland’s coalfields to northern Western Australia’s iron ore reserves with a railway that transports the minerals both ways, supplying steel mills at both ends. This project would fully capitalise on Australia’s abundant iron ore and metallurgical coal reserves, and could be the cornerstone of the infrastructure development program Australia needs to engineer an economic recovery.
“People want vision and hope. They want a plan. China’s got a plan—Belt and Road—where’s ours? Where’s our nation-building plan? Not these bits and pieces of half-funded or 10 per cent-funded flag-waving political stuff.”—Shane Condon
Latest Updates
After leading a government that trashed Australia’s relationship with China, Scott Morrison and Arthur Sinodinos have joined Kurt Campbell’s US influence network cashing in on war talk.
15 May 2023
2 May—After rumours circulated throughout last week and shares collapsed to almost nothing on Friday, First Republic Bank was seized first thing on 1 May by US regulators, having reached a deal for its takeover by JPMorgan Chase.
5 May 2023
