This week is an opportunity to push the Senate to establish an inquiry that can lay bare the scandalous failings of the corporate regulator, the Australian Securities and Investments Commission (ASIC).
Call Ministers Josh Frydenberg, Ben Morton and Andrew Hastie to save Sterling First’s victims and hold the government and ASIC accountable for failing to regulate.
After a flood of calls to Senators from concerned constituents, Treasurer Josh Frydenberg’s bill to wind back responsible lending laws is effectively dead.
James Shipton’s fate is what happens in Australia when even modest efforts to regulate threaten the major banks, illustrating the urgent need for a public bank alternative to break the monopoly of the Big Four.
