Australia’s most experienced advocate for victims of predatory bank lending has slammed as “insane” Prime Minister Scott Morrison’s policy to lower bank lending standards to boost economic activity.
Since the election in May, the Morrison government, Reserve Bank and Australian Prudential Regulation Authority have thrown everything and the kitchen sink at reversing the fall in house prices.
The local mayor, state MP and federal MP for Mandurah, Western Australia, have attacked the Interests Of The People (IOTP) show “The Economic Massacre of Mandurah”
If there were any doubt that Australia’s banking system is corrupt, Graeme Samuel’s Capability Review of the bank regulator, the Australian Prudential Regulation Authority (APRA), removes it completely.
The Australian Federal Police raids on journalists’ homes and media offices have shown the extent to which press freedom has been curbed in Australia to suppress reporting of national security matters.
With a second high-rise residential tower in Sydney now forced to evacuate due to structural weakness, Australia needs a royal commission—or similarly empowered inquiry that can’t be rigged—to examine the crimes that have been rife in the construc