Treasurer Jim Chalmers has committed to dumping the policy for which “old Labor” legends John Curtin and Ben Chifley fought hardest—democratic control of the central bank and the banking system.
There are 64 more towns across Australia which should be concerned about losing their NAB bank branches soon.
That’s because, like the pre-tremors of an earthquake, those branches are experiencing the first sign of impending closure—reduced business hours.
This is the scam NAB and other banks are running to justify closing branches: they reduce business hours, then claim there is less business, and then close the branch.
Due to high demand, the Senate Rural and Regional Affairs and Transport (RARAT) Committee has extended the deadline for submissions to its inquiry into bank closures in regional Australia by a month, to 28 April.
The big banks are ripping off post offices! Time for a government post office bank!
The taxpayers who own Australia Post, and the licensees who own community post offices, are subsidising the face-to-face services of Australia’s super-profitable, publicly supported major banks.
For detailed, expert analysis that confirms Paul Keating’s position, watch the ACP’s Citizens Insight interview with former Ambassador John Lander, “How many Australians will be sacrificed for the USA’s war on China?”, recorded two days before Keating’s explosive appearanc
On Friday 24 March, Senators on the Rural and Regional Affairs and Transport Committee will gather in Canberra to hold the first public hearing into Project Iron Boomerang—one of the largest infrastructure projects ever proposed in Australia.
