Any politician who tells you the government’s $250,000 deposit guarantee protects you from having your bank deposits “bailed in” is wrong. Treasurer Josh Frydenberg’s budget papers prove it.
The nominally “Australian” think tank behind the widely reported accusations that China is using its Uyghur Muslim minority as forced labour is itself sponsored by American and British arms companies that have profited from forced prison labour.
For the next two months all Australians concerned about the security of their bank deposits should flood Senators from the major parties with calls and emails to demand to know why they oppose clarifying the law to ensure deposits cannot be “baile