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Media Releases

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KPMG wants to jail Australians who use cash—supposedly to combat the ‘black economy’—but the disreputable global accounting giant dominates the board of money-laundering machine Westpac.
  • audit banks
  • Cash Ban
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.
  • Banking / Finance
  • audit banks
Westpac’s 23 million money laundering breaches is the latest evidence that Australia’s too-big-to-fail banks have become vast criminal enterprises.
  • Cash Ban
  • Money Laundering
  • APRA/ASIC/ACCC/AUSTRAC
The 28 July 60 Minutes story on Crown Casino confirms that Australia’s authorities “aid and abet money laundering”, as whistleblower Helen Edwards has declared in an explosive new special episode of the CEC Report.
  • Cash Ban
  • Bail-in
  • Money Laundering
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.
  • Bail-in
  • APRA/ASIC/ACCC/AUSTRAC
  • Banking / Finance
  • Financial Claims Scheme
The urgency of a Glass-Steagall separation of deposit-taking banks from dangerous speculation, is that it is necessary to protect Australians from a financial collapse.
  • Financial Crisis
  • Bail-in
  • Financial Claims Scheme
  • Banking / Finance