New Zealand’s conservative coalition government under National PM Christopher Luxon is contemplating the unthinkable—privatising Kiwibank, the only bank in NZ that provides any competition to the Big Four Australian-owned banks.
The Australian Citizens Party (ACP) is urging Kiwis to fight any privatisation plans tooth and nail, and learn from Australia which suffers from not having a public competitor for the Big Four banks.
The Parliamentary Joint Committee on Corporations and Financial Services (PJCCFS) chaired by Labor Senator Deb O’Neill has refused to publish submissions many bank victims made to its inquiry into “the financial services regulatory framework in relation to financial abuse in Australia”.
Next week, Dan Duggan makes his final submission to Attorney-General Mark Dreyfus, who will decide whether Duggan is extradited to the United States for training Chinese pilots in 2012.
The parties that make the laws are above the law.
Following the shock pre-selection loss of one of the LNP’s highest-profile and most popular Senators, a Queensland judge has ruled that the major political parties’ internal rules are not accountable under the law.
The ruling means that the parties that make the laws are above the law.
The squeals of the banks confirm Senator Canavan’s recommendations are on the money.
Finally, a Parliamentary inquiry has called out the major banks’ appalling mistreatment of customers and communities, backing it up with powerful recommendations to bring them into line.
Australian citizen and former US Navy “Top Gun” pilot Dan Duggan faces an extradition hearing in Sydney this Friday, but only because Attorney-General Mark Dreyfus has hitherto refused to uphold Australian law.
