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.
The US-funded Canberra defence think tank that former Prime Minister Paul Keating called out as “a US cell” in its promotion of war with China is now smearing the campaign against bank branch closures in regional Australia as a “covert influence o
The same US and Australian political forces that have normalised talk of war with China have ripped an innocent Australian away from his wife and six children, holding him in solitary confinement, to make an example of him for their agenda.
The Sterling First fiasco proves the importance of the current Senate inquiry into ASIC, which is a once-in-a-decade opportunity to fix the pathetic regulator so it actually polices financial crime.
Senator Andrew Bragg established his Senate Economics References Committee inquiry into ASIC investigation and enforcement last October, seizing on the revelations of the Adams Report.
