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… is not rectified, many millions of Australian mortgagors will soon become bank victims as the housing bubble bursts, just like the victims of Sterling First and other dodgy schemes. The IMF and OECD have warned Australia to curb its property boom and focus more on business lending. The Big Four … In this issue: If Australia doesn’t want a war of annihilation with China, stop what we’re doing Paradise Regained for white-collar criminals Sterling First victims demand action from WA Police’s Fraud Squad The decline and fall of the Australian banking system Review of institutional …

… the next five and a half weeks won’t change the future of Australia. What we do will. It’s imperative to be clear on what we’re fighting for. First, peace, anchored in a new international order based on mutual respect and cooperation between sovereign nations on the common aims of … the private banks have starved of credit, in their mad pursuit for gambling profits from the housing bubble. They can see in the fight for the Sterling First victims how the government should administer justice to financial victims, by ensuring that the financial system is properly policed by …

… emerged from the discussions was clarity for the MPs that not only are the banks dishonest, they are incompetent! The opening response from the first MP the ACP met was, “These are commercial decisions by the banks.” By the end of the meeting, however, and every other meeting, he and the … pathetic record of investigating complaints triggered the inquiry. The ACP helped turn attention to ASIC by campaigning for the victims of Sterling First in 2021-22, and has helped power the current inquiry. Unexpectedly, Senator Bragg, despite being a Liberal and from the finance sector, has …

… this to us. I think it’s a magnificent thing, and I also think this is what we should be doing. These are the big-ticket items that, when I first came into the Senate, lo and behold, I thought we would be discussing on a daily basis. How tricked I got! But, anyway, at least let’s get back to the big stuff about building a better nation, as I said in my first speech, and leaving it better than how we found it. … “I want to support this, and we will support this, Senator Roberts. I understand the …

… ACP 的访问恰逢议会对声名狼藉的监管机构 ASIC 进行烟花表演，ASIC 派出代表与政界人士交谈，驳斥参议员布拉格的 ASIC 调查和独立经济学家约翰·亚当斯 (John Adams)，后者对 ASIC 调查投诉的可悲记录的报告引发了调查。 ACP 在 2021-22 年为 Sterling First 受害者开展活动，帮助将注意力转向 ASIC ，并帮助推动了当前的调查。出乎意料的是，布拉格参议员尽管是来自金融界的自由党人士，但由于 ASIC 阻挠他的调查而变得更强硬。在《澳大利亚人报》 8 月 7 日的一篇文章“秘密的 ASIC 必须承担责任”中，布拉格指责 ASIC …

… cent of all financial victims—in the Compensation Scheme of Last Resort (CSLR), which he made in person to a meeting of the elderly victims of Sterling First, who face eviction and homelessness. The CSLR is to be industry-funded, i.e. by the big banks and insurance companies etc.; given that …