Tell your MP this week: Australia needs a post office ‘people’s bank’
Parliament starts on 26 July, and whatever agenda the new government has planned, it will increasingly be overtaken by the cost of living crisis in the economy.
The last Treasurer questioned the safety of super fund derivatives, but the biggest derivatives gamblers are the banks. Only a public post office bank will keep deposits truly safe.
Just-released correspondence between the Treasurer and Reserve Bank of Australia (RBA) Governor has highlighted another reason Australia needs a public post office bank—a safe place for deposits.
Must watch interview with former NZ Cabinet Minister Matt Robson:
To see an example of how individuals committed to the principle of the common good can win crucial political battles against formidable vested interests, watch the Citizens Party’s latest Citizens Insight interview with former New Zealand Cabinet Minister Matt Robson.
Bank branch closures have cut off hundreds of communities, especially in regional Australia, from essential financial services. There is now a national fightback to save our communities by establishing a public banking alternative to operate through post offices.
Thirty-one years after Australia embarked on electricity ‘reform’—corporatisation, privatisation, deregulation, national electricity market, and the renewable energy target—the experiment has been a massive failure. Re-nationalise the system—now!
