Treasurer Jim Chalmers has committed to dumping the policy for which “old Labor” legends John Curtin and Ben Chifley fought hardest—democratic control of the central bank and the banking system.
Although the Paris terrorist attack overtook the planned agenda of the 14-15 November G20 Leaders’ Summit in Turkey, nevertheless that summit accepted the Financial Stability Board’s (FSB) demand for a “bail-in” regime to prop up the 30 global too
