The Australian Federal Police raids on journalists’ homes and media offices have shown the extent to which press freedom has been curbed in Australia to suppress reporting of national security matters.
Unbeknownst to most Australians, our country in recent years has been leading the world in the adoption of Stasi-like surveillance and spying laws which threaten basic human freedoms.
Australia’s best-known finance commentator Alan Kohler was compelled to recognise the importance of the banking separation issue, by the sheer numbers of public submissions to the banking royal commission calling for Glass-Steagall.
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.
On the same day last week that the Australian Prudential Regulation Authority (APRA) chairman Wayne Byres claimed that the banks had passed stress tests conducted by the bank regulator in 2017, the Citizens Electoral Council’s Australian Alert
