Anyone still not convinced Australia’s property bubble is close to bursting should take note of a trifecta of recent warnings: forecasts of a major contraction in construction by industry insiders, a major reversal in international capital flows t
In the wake of the collapse of European banks including Spain’s Banco Popular, two regional Italian banks, and the bail-in/bailout of the world’s oldest bank, Monte dei Paschi di Siena, Europe has been debating new powers to allow bank accounts to
Ahead of the G20 Leaders’ Summit in Brisbane this weekend, the banker in charge of the bail-in agenda has announced the finalised plan to prop up Too Big To Fail (TBTF) banks, for agreement at the summit.
The interim report of David Murray’s Financial System Inquiry, released 15 July, pushes the case for supposedly solving the problem of too-big-to-fail (TBTF) by implementing “bail-in”—the system which includes confiscating customer deposits to pro
Joe Hockey’s denials about “bail-in” have again been officially contradicted, this time by his own Treasury department, in its submission to the Financial System Inquiry (FSI).
Former Prime Minister Malcolm Fraser has again intervened in the rapidly escalating war build-up against Russia and China, with a call for Australia to break decisively with the British Empire, and with an America presently acting in that British