Australia’s most experienced advocate for victims of predatory bank lending has slammed as “insane” Prime Minister Scott Morrison’s policy to lower bank lending standards to boost economic activity.
The recent fracturing of the neoliberal consensus that drove both major parties to mass-privatise national assets and hand control of the economy over to private banks is accelerating into a full-blown breakdown.
The Burdekin River is Australia’s largest river by peak discharge volume. It is upon this North Queensland river the nation awaits the construction of Hells Gates Dam, the centrepiece of a new Bradfield Scheme.