Reserve Bank Governor Dr Philip Lowe’s 12th interest rate rise in 13 months to 4.10 per cent is crushing the life out of Australian families to pay for the RBA’s own sins.
At the dramatic hearings of the Senate inquiry into bank closures in regional Australia in Queensland last week, more than half of the Senators present advocated for a public bank solution.
The campaign against bank branch closures, which achieved the establishment of the current Senate inquiry into bank closures in regional Australia, has had a major victory.
The Australian Citizens Party (ACP) is calling on all Australians to stand up against the agreement between Treasurer Jim Chalmers and Shadow Treasurer Angus Taylor to remove democratic accountability for the banking elite who control the economy