After a flood of calls to Senators from concerned constituents, Treasurer Josh Frydenberg’s bill to wind back responsible lending laws is effectively dead.
The Senate’s Australia Post inquiry report, tabled in Parliament yesterday (15 June), was the culmination of the amazing campaign to support Christine Holgate and the thousands of Licensed Post Offices (LPOs) she saved with her 2018 banking deal.
In 2018, while the banking royal commission was shocking Australians with revelations of the crimes of the banks and failings of the regulators, then-Treasurer Scott Morrison insisted on regulators maintaining the prin
Christine Holgate has now moved on from Australia Post, but the government and board must be held accountable, and AusPost must become a people’s bank.
The death-knell of neoliberalism in Australia is sounding louder, with a landmark policy recommendation inserted in the end of a Parliamentary report handed down mid-March.
Prime Minister Scott Morrison and Communications Minister Paul Fletcher used “public expectations” as a cynical political ruse to force out Christine Holgate as CEO of Australia Post over the purchase of Cartier watches.