The Front Line In The War On Cash…

I discuss the latest developments on the war on cash with Robbie Barwick from the Citizens Party. In the final sitting week, it’s time to give the politicians a final serve in the interests of the people!

Call Minister Stephen Jones and Labor Senators today to protest capitulation to the banks!

Message:

I’m calling to object to Labor’s capitulation to the banks!
Labor must stand up to the banks by doing two things this week:

  1. Pass the banking reform laws as planned, including civil penalties for executives to hold bankers accountable;
  2. Support the push for a Senate Rural and Regional Affairs and Transport Committee inquiry into the regional banking crisis, including the government post office bank alternative.

Minister for Financial Services Stephen Jones: (02) 6277 7230 Stephen.Jones.MP@aph.gov.au

Click here to find the contact details of the Labor Senators from your state. https://cec.enudgemail.com.au/securl.php?nudge=y1052zpr1128&link=12460&email=robbie@citizensparty.org.au

Choice campaign webpage: https://action.choice.com.au/page/118203/action/1

Coalition banking inquiry blamed for mass branch closures
https://independentaustralia.net/politics/politics-display/coalition-banking-inquiry-blamed-for-mass-branch-closures,17015

Go to the Walk The World Universe at https://walktheworld.com.au/

How Far Will The Contempt Go?

This is an edited and updated version of a show originally posted on “In The Interests Of The People”, with Economist John Adams and I discussing the current ASIC inquiry being run in the Senate.

There were some answers provided last week to questions on notice about ASIC’s conduct in terms of trying to lobby to stop the inquiry.

But in late breaking news, and not covered in the earlier show, further questions and answers were posted late last Friday evening (putting the trash out?) demonstrating just how unwilling the Corporate Regulator is in terms of disclosure. Is this contempt?

The earlier IOTP show, where we also discuss how Crypto plays into this, is available here. https://youtu.be/JPoOyV3Mvis

Go to the Walk The World Universe at https://walktheworld.com.au/

The Cruel Trick: An Essay In Corporate Power And Corruption!

How is it that commercial interests can gain control of an important Government inquiry? This is the excellent question posed by Dale Webster at The Regional. The Regional Banking Taskforce was, she says, stacked by bankers, and its outcomes were pretty much biased from day one.

The current Government are also culpable.

We need a proper inquiry in Regional Banking services, as Dale and I highlighted in our recent joint letter to the Senate. Please get behind it!

Our submission is available to view here and download : https://digitalfinanceanalytics.com/blog/loss-of-in-person-banking-letter-to-rarat-committee/

And a list of Senators by state is available here: https://citizensparty.org.au/aus-senate

If you care about the economic future of our regional towns and suburbs, then please contact your local Senators and tell them that they should support the initiative, ideally over the next few days, so as to create maximum impact in the final sitting week of the year.

The Regional: https://www.theregional.com.au/

Go to the Walk The World Universe at https://walktheworld.com.au/

The Markets Believe … Honest …!

The latest edition of our finance and property news digest with a distinctively Australian flavour.

“CONTENTS*

0:14 Introduction
0:41 US Markets
5:50 European And UK Markets
7:40 Oil and Gold

8:16 Asian Markets
9:30 PBOC Monetary Policy
17:55 Japan
19:13 Australian Markets
22:45 Crypto
25:50 Summary And Close

Go to the Walk The World Universe at https://walktheworld.com.au/

The Busted Flush Is A Real Thing! With Tarric Brooker

Another Friday canter through Tarric’s latest slides, as we look at the disconnect between monetary policy and real life. Is Australia somehow different?

Charts are here: https://avidcom.substack.com/p/charts-that-matter-25th-november?sd=pf

Go to the Walk The World Universe at https://walktheworld.com.au/

The RBA’s Australian Exceptionalism Theory

What if the RBA’s monetary policy is too weak? Perhaps we are not as exceptional, and we may be following parallel tracks to those in New Zealand and The Federal Reserve. How different are we really?

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The Bank Puppet Masters Pull The Government Strings Again…

Laws to implement some of the remaining recommendations from the Hayne Royal Commission, including penalties for bankers supported by the Greens was pulled yesterday, thanks to direct pressure applied by the banking industry and their lobbyists.

As a result, legislation to sharpen up protection of consumer credit were also shelved, and a number of customers with specific complaints in the works are now in limbo.

A weak Government, whose strings are being pulled by the Bankers?

Go to the Walk The World Universe at https://walktheworld.com.au/

Are Black Friday Sales A Con?

Does what if says on the tin?

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.