Just in time for the financial crisis that is brewing in the global economy, One Nation Senator Malcolm Roberts introduced a bill on 27 February to stop the 2018 APRA crisis resolution/“bail-in” law from being used to seize Australians’ deposits.
Valentine’s Day last week was the second anniversary of the government ramming through its “bail-in” law to steal deposits for propping up failing banks.
The Liberal-National Coalition MPs and Senators in the government endorsed the $10,000 cash ban bill in their 17 September party-room meeting; it is now likely to be introduced into Parliament this week.
Parliament resumes on Monday 9 September, which gives us two weeks to melt down their phone lines with forceful objections against the $10,000 cash ban.
