The number one political question for 2024 is why is Treasurer Jim Chalmers voluntarily giving up his power over interest rates to a Reserve Bank governor who dismisses the cries of pain of millions of households smashed by 13 interest ra
Major party politicians are putting the economic security of all Australians at serious risk by their misplaced confidence in the Australian Prudential Regulation Authority (APRA), the bank regulator.
When the government and financial authorities assure you your deposits are guaranteed, don’t believe them. They have proven time and again that in a financial crash they will put the survival of banks and their powerful owners first.
Are federal MPs willing to vote for a bill that could allow the deposits of their constituents—individuals, businesses, non-profits—to be confiscated to prop up a failing bank?
