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… 140 elderly Australians, and an ongoing cover-up to protect system that profits the banks … 23 November 2021 - Citizens Party Media Release Sterling First jury verdict: Last week’s Senate Sterling First inquiry hearings was “ASIC on trial”, the Citizens Party said in its 16 November release. After two days of hearings, the jury …

… all financial victims in Australia in full. Scandalously, the financial victims excluded from the CSLR include the 140 elderly victims of the Sterling First rent-for-life scheme, many of whom are in Western Australia. This is especially shameful as, unlike other victims of financial misconduct, the elderly Sterling victims do not have the chance to start over. On Wednesday, 8 September, many Sterling victims and their supporters rallied at Western …

… 17 November 2021 Vol. 23 No. 46 Labor Senators Deb O’Neil and Louise Pratt and LNP Senator Paul Scarr (top row), and the witnesses in the Sterling First-ASIC inquiry. 17 Nov.—Yesterday brought a moment of truth to the Australian Senate, thanks to the campaign to expose the entrenched corruption that led to the Sterling First scandal. The elderly Sterling First victims, Denise Brailey of the Banking and Finance Consumers Support Association, and the …

… Add your voice to calls for a Sterling-ASIC inquiry … 11 October 2021 - Citizens Party Media Release The suffering endured by the elderly tenants scammed by the Sterling First rent-for-life scheme is finally getting political attention, opening up the possibility of a Senate inquiry. Such an inquiry is absolutely …

… security of all Australians is at stake today, with the beginning of the Senate Economics References Committee’s hearings into the collapse of Sterling First. The 140 elderly victims of Sterling First, 17 of whom have died waiting for justice, are the tiniest tip of the iceberg of Australians whose lives have been ruined by …

… The West Australian’s 27 October 2021 report of the government’s failure to produce the ASIC document. The WA media especially are following the Sterling First inquiry closely. 27 Oct.—The new inquiry into the Sterling First collapse, and the role of the Australian Securities and Investments Commission (ASIC), has already started revealing important …

… 2021 - Citizens Party Media Release The current Senate inquiry into the Australian Security and Investments Commission’s (ASIC) handling of the Sterling First collapse is not off to a good start. Last week, ASIC and the government failed to comply with a Senate order to produce documents about the Sterling case by 26 October. In their letters making excuses as to why, Financial Services Minister and “Senator for Bankers” Jane Hume, and ASIC …

… ASIC overhaul requires paradigm shift … ASIC overhaul requires paradigm shift The elderly victims of the Sterling First scandal, robbed of their life savings by serial Ponzi schemers while the regulator, the Australian Securities and Investments Commission … Research Director Robert Barwick joined North in calling for Australians to contact their Senators and demand their support for an inquiry into Sterling First and ASIC. An inquiry is imperative to force the parliament to address the ongoing corruption and failings of Australia’s financial …

… Party. To subscribe to the Australian Alert Service , it's easy, and it's secure. Lead Editorial 1 December 2021 Vol. 23 No. 48 The latest Sterling victims to be evicted, Leonie Yates and Alex Tufekcic, on the 30 Nov. episode of ABC 7.30. “We had two and a half years of hell”, Alex said. Photo: Screenshot Like satellite footage of earth zooming in on a single detail, the Sterling First inquiry is now focused on the most important aspect of the case: ASIC’s failure to do its job. Exposing this failing has much bigger …

… through hell for 14 years, taking their home and destroying their business, to cover up a fraud the bank perpetrated in 2005 by shifting their first homebuyer’s grant and loan into an unaffordable business facility with a much higher interest rate. When Wayne detected the switch, and … the Australian Securities and Investments Commission (ASIC), was shamed for its failure to crack down on misconduct and enforce the law. The Sterling First scandal illustrates it is an ongoing problem. Right now, more than 100 elderly Australians, many around Mandurah in WA, face being … some already have been—because ASIC failed to stop serial financial predators from luring their elderly prey into yet another failed scheme. Sterling First director Ray Jones was only discharged from bankruptcy from previous financial failures in 2015, the year Sterling First started its …