At least 200,000 Australians have lost money thanks to inadequate regulation by APRA, worth at least $40 billion dollars. I am joined by Robbie Barwick from the CItizens Party as we explore this unfortunate but engineered situation, which has enabled the Government to look away, and ASIC claim it is not their problem , when it is clearly is.
As a result, it is likely more people will experience further losses, not because of adverse market movements, but because of poor or non-existent regulation. This has to change, and the current inquiry is a mechanism to achieve this....
https://www.theregional.com.au/post/what-anyone-making-a-submission-to-australia-s-latest-regional-banking-inquiry-should-know-first
Background Briefing on Nicholas Moore and Macquarie Bank:
https://www.abc.net.au/radionational/programs/backgroundbriefing/biggest-finance-scandal-macquarie-bank-cum-ex/13648602
ABC 730 Should ASIC have acted sooner to protect victims of collapsed housing scheme?
https://www.abc.net.au/7.30/should-asic-have-acted-sooner-to-protect-victims/13655976
CSLR inquiry:
https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/CompSchemeLastResort
Citizens Party release:
Call to all financial victims: join the fight to make the bankers and their protectors pay!
https://citizensparty.org.au/media-releases/call-all-financial-victims-join-fight-make-bankers-and-their-protectors-pay
Interview with Peter Johnston:
CITIZENS INSIGHT – Nobody is safe in the financial system unless the Government rights this wrong!
https://youtu.be/aqodznjro6c
Regional Banking Taskforce
https://treasury.gov.au/consultation/c2021-222961
Go to the Walk The World Universe at https://walktheworld.com.au/
Find more at https://digitalfinanceanalytics.com/blog/ where you can subscribe to our research alerts
Please consider supporting our work via Patreon: https://www.patreon.com/DigitalFinanceAnalytics
Or make a one off contribution to help cover our costs via PayPal at: https://www.paypal.me/MartinDFA
We also can received bitcoins at: 13zBL1oRib9VJu8Uc9zUGNhxKDBBgUpDN1
Please share this post to help to spread the word about the state of things....
Caveat Emptor! Note: this is NOT financial or property advice!!
As a result, it is likely more people will experience further losses, not because of adverse market movements, but because of poor or non-existent regulation. This has to change, and the current inquiry is a mechanism to achieve this....
https://www.theregional.com.au/post/what-anyone-making-a-submission-to-australia-s-latest-regional-banking-inquiry-should-know-first
Background Briefing on Nicholas Moore and Macquarie Bank:
https://www.abc.net.au/radionational/programs/backgroundbriefing/biggest-finance-scandal-macquarie-bank-cum-ex/13648602
ABC 730 Should ASIC have acted sooner to protect victims of collapsed housing scheme?
https://www.abc.net.au/7.30/should-asic-have-acted-sooner-to-protect-victims/13655976
CSLR inquiry:
https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/CompSchemeLastResort
Citizens Party release:
Call to all financial victims: join the fight to make the bankers and their protectors pay!
https://citizensparty.org.au/media-releases/call-all-financial-victims-join-fight-make-bankers-and-their-protectors-pay
Interview with Peter Johnston:
CITIZENS INSIGHT – Nobody is safe in the financial system unless the Government rights this wrong!
https://youtu.be/aqodznjro6c
Regional Banking Taskforce
https://treasury.gov.au/consultation/c2021-222961
Go to the Walk The World Universe at https://walktheworld.com.au/
Find more at https://digitalfinanceanalytics.com/blog/ where you can subscribe to our research alerts
Please consider supporting our work via Patreon: https://www.patreon.com/DigitalFinanceAnalytics
Or make a one off contribution to help cover our costs via PayPal at: https://www.paypal.me/MartinDFA
We also can received bitcoins at: 13zBL1oRib9VJu8Uc9zUGNhxKDBBgUpDN1
Please share this post to help to spread the word about the state of things....
Caveat Emptor! Note: this is NOT financial or property advice!!
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