My latest article in The Spectator …
No amount of regulation has been able to force our banks to behave ethically because the banks will always have smarter lawyers than the government. The only way to restore fair banking practice is free market competition.
Suncorp Bank is on the market and the ACCC refused ANZ permission to buy it. The Future Fund should step in, buy Suncorp and turn it into a people’s bank. Suncorp should then be run in a way that guarantees cash, face-to-face banking services through a branch or Australia Post outlet, prohibits de-banking and decides loan applications on financial merit alone, rather than ESG and other political measures.
All the Banks in Australia except NAB are foreign owned. Blackrock and Vanguard are the biggest shareholders so obviously the banks do as they are told, that’s why everything that happens in the US happens here and that’s why our dollar always stays suppressed and has done since I can remember, I’m 57. Laws need to be changed the whole system is a Ponzi scheme. Blackrock and Open Society (George Soros) are creating all the civil unrest, BLM, Woke Agenda and the Tranny push, Larry Fink has publicly spoken about changing narratives and everybody knows who George Soros is..
I disagree, heritage bank is not foreign owned. Unless I stand to be corrected
Just asking. How do you know that the NAB is not foreign owned? I do not follow banisters situations as I have loathed the fiat currency debt slavery for decades.
I am interested in your comment and information.
Thank you, Senator Malcolm Roberts
Yes please!!!
We deserve to have banking that relates to being of service and providing trustworthy custodianship of our money.
Back in the 90s banking still had ethics and provided face to face service, at no charge and took their customer relationships to be of high priority… jump forward to now…
All they appear to do,
is take us for a ride.
SO GLAD YOU ARE ONE OF FEW POLITICIANS BRAVE ENOUGH TO SOEAK OUT- so disgusted with GOVT – constantly hiding truth – & pushing YES
VOTE – knowing it will TEAR THE COUNTRY APART— IF BILLIONS $$$
already spent & 11 MP VOICES IN OUR
PARLIAMENT – CANT HELP – this won’t either?! Just more big dollars for those pushing for control – DISGRACE – AND very divisive – breed resentment!!😪😰
Yes Malcolm a peoples bank like the Bendigo bank was is well needed over the monopoly of the big four. Like Qantas they please themselves how they treat their customers
Amen to this, Malcolm.
And there should be something in the new people’s bank founding statute that it can never be privatized.
Graham, AGREE with you re NON privatisation.
CBA should have never been sold.
Second your proposals here, Senator.
Senator .. our own Heritage Bank based in Toowoomba is the largest member owned bank in Australia and provides great support and service .. we need to start putting our money where we are appreciated …