The government should direct the Auditor-General to conduct an independent audit of Australia’s Big Four banks, in light of the collapsing property bubble to which the major banks are massively exposed.
Treasury has now joined the central bank and bank regulator in urging the private banks to reopen the floodgates on mortgage lending to avert a housing bubble crash.
Sky-high water pricing and ecofascist water allocations in the Murray-Darling Basin threatens not only the existence of farmers and rural communities, but our entire nation and millions of people worldwide who depend upon our food and fibre export