Demand the Treasurer intervene with bank CEOs and insist they earn their taxpayer guarantees and subsidies by maintaining branch services in communities.
Australians smashed by interest rate rises are paying the price for decades of the Reserve Bank of Australia ignoring its lawful mandate in favour of a policy dictated by neoliberal think tanks.
Albanese government minister Stephen Jones promised compensation for financial victims and civil penalties for bad banking—demand he deliver for the people, not the banks.
While the 2021 Senate inquiry into the collapse of Sterling Income Trust, which left more than 100 elderly retirees and pensioners facing eviction and homelessness, is yet to result in any concrete outcomes, it has certainly contributed to a new p