Australian Citizens Party Citizens Taking Responsibility

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Media Releases

Displaying 1 - 6 of 13
The RBA is recklessly ignoring the mortgage stress of households that were lured into mortgages to prop up the bubble; Australia needs a foreclosure moratorium now!
  • Housing
  • Financial Crisis
The primary purpose of Scott Morrison’s plan to give first home buyers access to their superannuation is not to help young Australian afford a home, but to keep the big banks ringing up profits from mortgages.
  • Housing
Australia’s housing bubble faces a reckoning, following today’s decision by the central bank to finally lift interest rates, by 0.25 per cent.
  • Housing
Mortgage stress now grips 42 per cent of Australian households, according to a UNSW City Futures Research Centre survey. This is a sharp increase from 30 per cent in February 2020.
  • Housing
  • Financial Crisis
Australia’s most experienced advocate for victims of predatory bank lending has slammed as “insane” Prime Minister Scott Morrison’s policy to lower bank lending standards to boost economic activity.
  • Housing
  • Royal Commission
  • Banking / Finance
Since the election in May, the Morrison government, Reserve Bank and Australian Prudential Regulation Authority have thrown everything and the kitchen sink at reversing the fall in house prices.
  • Housing
  • Financial Crisis