The same US and Australian political forces that have normalised talk of war with China have ripped an innocent Australian away from his wife and six children, holding him in solitary confinement, to make an example of him for their agenda.
The Sterling First fiasco proves the importance of the current Senate inquiry into ASIC, which is a once-in-a-decade opportunity to fix the pathetic regulator so it actually polices financial crime.
Senator Andrew Bragg established his Senate Economics References Committee inquiry into ASIC investigation and enforcement last October, seizing on the revelations of the Adams Report.
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.
The deadline for submissions to the Senate’s ASIC inquiry has been extended to 28 February—submit your experience of ASIC failing to police financial predators.
