Bank branch closures have cut off hundreds of communities, especially in regional Australia, from essential financial services. There is now a national fightback to save our communities by establishing a public banking alternative to operate through post offices.
The RBA is recklessly ignoring the mortgage stress of households that were lured into mortgages to prop up the bubble; Australia needs a foreclosure moratorium now!
Australia Post is an early test of the integrity of the new Albanese Labor government.
Will Prime Minister Anthony Albanese, Finance Minister Katy Gallagher, and Communications Minister Michelle Rowland follow through on the 2021 Senate inquiry report and overhaul the process of Board appointments?
Start contacting your local councils to urge their support for a public post office bank that will guarantee local banking services and force the Big Four banks to compete.
The primary purpose of Scott Morrison’s plan to give first home buyers access to their superannuation is not to help young Australian afford a home, but to keep the big banks ringing up profits from mortgages.
If young Australians access $50K from their super to buy a home just before rising interest rates trigger a market crash, will Prime Minister Scott Morrison care if they lose their home? No!
The Citizens Party is leading the campaign for Australia to establish a public post office bank, which would have enormous benefits for our nation (see below). The LPO Group, which represents the interests of the 2,850 small business Licensed Post Offices, has issued a call to all political parties to support a post office bank “to service small and medium enterprises and help sustain the network and fund infrastructure”.
