The Big Four bank CEOs would have been extremely unhappy on Friday as they monitored the Canberra hearing of the Senate inquiry into bank closures in regional Australia.
The Australian Citizens Party (ACP) is taking the fight against power- and profit-hungry banks to Parliament today, spending the week speaking with politicians about two crucial issues:
Under pressure from not one but two Senate inquiries into the Australian Securities and Investments Commission (ASIC), the corporate regulator has finally taken action against the directors of the Sterling First rent-for-life scam.
Because Westpac lied to the Senate inquiry into regional bank closures back in February, the residents of Coober Pedy in remote South Australia are stuck in a financial “nightmare”.
For the next 20 days Australians have an opportunity to submit to Treasury’s consultation on a new bill to regulate digital payments in the payments system.
Australian consumers have every right to be furious at the banks continuing to force their cashless agenda while pretending otherwise, the Australian Citizens Party (ACP) said today.
The Commonwealth Bank (CBA) is a classic example.