Former Australian Prudential Regulation Authority (APRA) Principal Researcher and Head of Research Dr Wilson Sy, who has also worked in Treasury, issued the following statement in response to the revelation that Treasury made false representati
Following a week of public anger at the news that Treasury secretly dismissed over 3,400 submissions against the cash ban bill as just a “campaign by the Citizens Electoral Council”, Treasury has caved and published thousands of submissions on its
After ramming his $10,000 cash ban law through the House of Representatives last week, Scott Morrison is now trying to pretend he has responded to concerns about his cash ban, by releasing a set of “rules” that exempt many activities from the ban.
The Morrison government showed its contempt for democracy and parliamentary procedure by ramming its totalitarian cash ban bill through the House of Representatives yesterday, without waiting for the outcome of the Senate inquiry into the bill.
The actions of the Australian government and central bank, and US Federal Reserve, betray real desperation about the state of the Australian and global financial system.
