While the major banks, regulators and government have done everything in their power to block any moves towards bank separation, they have ignored one important point: separation would be good for the banks as businesses.
The scandal-ridden Murray-Darling Basin Plan has once again stirred up passions, captured in an ABC Four Corners report on 8 July. Most commentators can’t see the wood for the trees, or in this case, the hydrosphere for the water.
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.
Unbeknownst to most Australians, our country in recent years has been leading the world in the adoption of Stasi-like surveillance and spying laws which threaten basic human freedoms.
There are numerous reasons Bill Shorten’s Labor failed to convince Australians to elect them to solve their problems, but there is one obvious reason. Inexplicably, Labor let Scott Morrison off the hook on the banks.