Mortgage stress now grips 42 per cent of Australian households, according to a UNSW City Futures Research Centre survey. This is a sharp increase from 30 per cent in February 2020.
How many politicians will stand by while the Treasurer and corporate regulator deliberately unleash the big banks and all other financial predators onto unsuspecting Australians?
Prime Minister Scott Morrison’s announcement of the Australia-United Kingdom-United States (AUKUS) alliance explodes the myth that by standing up to China, Australia is defending its “sovereignty”.
Treasurer Josh Frydenberg’s appointment of former Macquarie Bank CEO Nicholas Moore to oversee Australia’s financial regulators proves that Kenneth Hayne must have been able to see the future.