A government Senator has contradicted Treasury and the ex-banker who controls the Senate Economics Committee and confirmed that the APRA crisis resolution powers legislation sneaked through Parliament in February is a “bail-in” law.
A government Senator has contradicted Treasury and the ex-banker who controls the Senate Economics Committee and confirmed that the APRA crisis resolution powers legislation sneaked through Parliament in February is a “bail-in” law.
An Eyre Peninsula nuclear power station would be a “game changer” for South Australia, providing cheap electricity, and power for water desalination to support a new agricultural irrigation scheme.
More evidence has emerged that the APRA bail-in law passed in February does not exclude ordinary deposits from being converted into worthless shares or written off to prop up failing banks, a.k.a. bailed in, as some politicians assumed.
Australia’s political class is quick to criticise the Chinese Communist Party (CCP) for its control of China, but when it comes to foreign policy, Australia is no less a one-party state.
