Member for Kennedy Bob Katter has introduced an urgent bill into the Australian parliament directing the Commonwealth Auditor-General to conduct a thorough audit of the risks building up in the banking system.
Bob Katter will open a new battlefront in the war on financial corruption when he introduces the Australian Banks (Government Audit) Bill 2019 in Parliament on Monday 25 November.
While the mainstream media provides non-stop coverage of the unrest occurring in Hong Kong, recent turmoil in Ecuador barely rates a mention, yet seven protestors are dead, 1,340 injured and 1,152 have been arrested.
While the major banks, regulators and government have done everything in their power to block any moves towards bank separation, they have ignored one important point: separation would be good for the banks as businesses.