9 July 2024
… and the body count has kept rising. In 2021 the Australian Citizens Party (ACP) helped the 130 or so elderly victims of the mostly WA-based Sterling First tenancy scandal to get a Senate inquiry into ASIC’s failure to police their scheme. The inquiry revealed that from the outset of the scheme in 2015 ASIC had received multiple complaints about Sterling First, but marked all of them NFA—No Further Action. When the scheme collapsed in 2019, 130 elderly Australians who had not invested to … APRA/ASIC/ACCC/AUSTRAC
7 December 2021
… he proclaimed: “My message to the financial sector today is that this financial misconduct must end, and you must put the interests of consumers first. Consumers must be treated honestly and fairly. My message to the Australian community today is that your government is committed to making … last resort (CSLR) that deliberately excludes most financial victims who most need compensation (like the 140 elderly, sick and dying victims of Sterling First now being evicted on to the streets); interfering with corporate regulator ASIC (Australian Securities and Investments Commission) to stop it … APRA/ASIC/ACCC/AUSTRAC
29 September 2021
… 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 … Economy / Trade
13 April 2022
Federal Election 2022
Economy / Trade
9 August 2023
… 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 … Banking / Finance
30 June 2021
… System Inquiry report that all public banking institutions must be privatised, which they were. The fight for a post office “people’s bank” is a first step to again breaking the private banking monopoly in Australia, and open the way for a national banking system, which would include … is scrambling to catch up. Barnaby Joyce’s faction of the National Party had strongly supported Christine Holgate and the LPOs. Joyce was the first major-party politician to admit the accusations against Christine Holgate were wrong, but the party was too subservient to Scott Morrison to … this issue! In this issue: Four Corners exposes AusPost privatisation, but not full story Government of, by, and for … the people, or the banks? Sterling victims demand Senate inquiry Senator: Kill superannuation stone, cold dead Nationals react to Murray-Darling Basin pain NSW … Australia Post
Postal Savings Bank
29 September 2022
Infrastructure
21 August 2021
China
Infrastructure
National Banking
Environment
Energy & Resources