Treasurer Jim Chalmers has committed to dumping the policy for which “old Labor” legends John Curtin and Ben Chifley fought hardest—democratic control of the central bank and the banking system.
Christine Holgate has now moved on from Australia Post, but the government and board must be held accountable, and AusPost must become a people’s bank.
The death-knell of neoliberalism in Australia is sounding louder, with a landmark policy recommendation inserted in the end of a Parliamentary report handed down mid-March.
Prime Minister Scott Morrison and Communications Minister Paul Fletcher used “public expectations” as a cynical political ruse to force out Christine Holgate as CEO of Australia Post over the purchase of Cartier watches.