The Big Lie of the Australian financial system is that it remained sound during the global financial crisis in 2008, due to the effective oversight of the Australian Prudential Regulation Authority (APRA).
Foreign billionaire hedge fund speculator, drug pusher and Nazi collaborator George Soros is the éminence grise behind the Cate Blanchett carbon tax ad, which is sponsored by Soros’ Australian front, GetUp.
The REIA's figures, from a December 2007 survey, follow a JP Morgan/Fujitsu Consulting Mortgage Industry report which forecast 300,000 mortgage foreclosures across Australia this year.
