The Senator who gave Australia “bail-in” is now leading the desperate effort in the Morrison government to block the bill that would absolutely ensure deposits can’t be bailed in.
What should have been a simple task of producing an inquiry report asserting the government’s position that Senator Malcolm Roberts’ bail-in amendment bill is unnecessary is suddenly far more complicated.
Following is former APRA Principal Researcher Dr Wilson Sy’s response to Treasury’s and APRA’s submissions to the Senate Economics Legislation Committee’s Inquiry into the