The final report of the dramatic Senate inquiry into the Sterling Income Trust fiasco reveals how the federal corporate regulator and WA consumer protection agency betrayed 130 elderly and vulnerable victims.
The advocate for the more than 100 elderly victims of the Sterling First scam has written to Prime Minister Scott Morrison and WA Premier Mark McGowan demanding they compensate the victims immediately.
Major party politicians are putting the economic security of all Australians at serious risk by their misplaced confidence in the Australian Prudential Regulation Authority (APRA), the bank regulator.
Are federal MPs willing to vote for a bill that could allow the deposits of their constituents—individuals, businesses, non-profits—to be confiscated to prop up a failing bank?
The Citizens Electoral Council is calling on all concerned Australians to demand their elected MPs oppose the new draft bill giving the unaccountable bank regulator APRA dictatorial “crisis management” powers.
