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… how to contain the threat. See the back page for an insight into how it was done. In this issue: End fake regulation! Demand inquiry into Sterling First and ASI Sterling cover-up goes all the way to the top KPMG’s dubious track record Arsonist turns firefighter? Ex-ASIO boss warns against exaggerating …

… and over 16 million views on his YouTube channel, of the interview he conducted with Russian President Vladimir Putin. Those who watched Putin’s first interview with Western media since Russia’s special military operation in Ukraine began two years ago, all received a radically different … neoliberalism What our media isn’t reporting about the ‘Australian writer’ sentenced in China Explosive! Has WA’s minister for commerce lied to Sterling First tenants? China’s new crackdown on financial speculation The larger agenda of RBA independence: Propping up a failing global financial system …

… major inquiries in ten years, including a major 2014 Senate inquiry, the 2018 banking royal commission, the 2021 Senate inquiry into ASIC and Sterling First, and the most recent 2023-24 Senate Economics References Committee inquiry into ASIC investigation and enforcement. Each inquiry has …

… for victims of predatory financial schemes and negligent regulation, most recently the victims of the collapse of rent-for-life scheme Sterling First. She is on the warpath against ASIC, which allowed the company to change its name after a first round of scandals and continue trading under a new name and lure in new victims. As with the banking scandals, ASIC’s failings make a joke of …

… about the advice they receive and the risk of market losses” (emphasis added), he was effectively declaring open season on retail investors. The Sterling First scandal takes regulator-enabled retail investor predation to new depths. The 140 elderly tenants, who had prepaid forty-year rental contracts, had no idea they were deemed to be “investors” until after Sterling First collapsed. Even early documentation published by the administrator referred to the elderly victims as “tenants”. Scandalously …

… the “apocalyptic” pace of inflation, saying he will “run out of horsemen” if new crises emerge. But confidence was the order of the day at the First Eurasian Economic Forum held 27 May in Kyrgyzstan, involving Eurasian Economic Union member states Russia, Armenia, Belarus, Kazakhstan and … PM Anthony Albanese is to finish the business—defined by us—started by the previous parliament: follow through on the demands for justice for Sterling First and other financial victims; implement the recommendations of the banking royal commission, which would prevent this happening again; and …

… of a new, alternative framework: The Bank for International Settlements reported a 47 per cent surge in outstanding derivatives contracts in the first six months of 2022, particularly interest rate and commodities derivatives. This means speculation on scarce commodities already soaring in … banks are out of control—six towns set to lose their last bank in the next fortnight! Queensland’s state investment manager turns vulture fund Sterling First victims slam Premier Mark McGowan’s cowardice and corruption PM finally speaks out on Julian Assange UK, NATO demand endless war in Ukraine …

… on where to be buried.) Under public pressure individual ALP politicians can shift, and do a good job, as WA Senator Louise Pratt is doing on Sterling First. But it means that we are the leaders— a responsibility to take seriously. In this issue: ASIC victims: no justice without compensation Don’t … systems Fractured Congress passes infrastructure bill US and Ukrainian military actions raise Black Sea tension Government can right this wrong! Sterling victims in David and Goliath battle ALMANAC: The lessons of Leibniz and Confucian China for today - Part 2 of 3 Click here for the archive …