The just-resigned deputy chair of the intelligence committee has boasted of colluding in media “hatchet jobs” that poisoned Australia’s relationship with our biggest trading partner.
The suffering endured by the elderly tenants scammed by the Sterling First rent-for-life scheme is finally getting political attention, opening up the possibility of a Senate inquiry. Such an inquiry is absolutely necessary, to expose how the Australian Securities and Investments Commission (ASIC) allowed Sterling directors, with a history of ripping off investors in failed financial schemes, to prey on vulnerable elderly Australians.
Mortgage stress now grips 42 per cent of Australian households, according to a UNSW City Futures Research Centre survey. This is a sharp increase from 30 per cent in February 2020. The UNSW survey defines mortgage stress as households with less than 5 per cent of residual household income left over after paying normal household expenses, including on housing.
How many politicians will stand by while the Treasurer and corporate regulator deliberately unleash the big banks and all other financial predators onto unsuspecting Australians?
Prime Minister Scott Morrison’s announcement of the Australia-United Kingdom-United States (AUKUS) alliance explodes the myth that by standing up to China, Australia is defending its “sovereignty”.
What does it take to get financial justice in Australia? That’s the question posed by the Citizens Party’s Citizens Insight interview with bank victims Wayne Ditchburn and Rowena Hardy, who endured 12 years of living hell to force their bank to settle their case.
