• Bank Reform Now Australia
  • Petition Extend Banking Royal Commission Australia

"The banking system is corrupt. The time has come to clean it up.
Take action to help bring about essential bank reforms.
It must be done. It can be done. It will be done - with your help."

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Donate To Support Your donation will help Bank Reform Now's campaign move forward with the mission to see justice for bank victims, stop the corruption and expose the lies, Donations will also enable on-giving to victims of bad banking practices and Mental Health Services.

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Find Out About BRN

BRN was founded by Dr Peter Brandson, a family GP in regional NSW South Coast. A victim of Predatory Lending by the National Australia Bank (NAB), he is standing up and calling for action so other families and businesses are not harmed.

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Bad Banking Stories

Read stories from just a few of the many victims of Bad Banking Behaviour. Have you lost your home, assets or business or suffered personal or family loss? Share your experience with us.

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Take Action Now!

Taking action against bad banking practices. The Global Financial Crisis (GFC) was caused by inappropriate bank lending. This issue affects every person on the planet. It will happen again if we don't act now. It is up to us to advocate and work for change.

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So you think we live in a Democracy? .... Maybe Crimocracy is a better description!

In a country as wealthy as Australia why are we seeing such horrific suicide figures - particularly amongst farmers, veterans and our young? Why are so many struggling with cost of living pressures - particularly housing? We are seeing such hardships because our economic system is structured to CRIMINALLY extract as much wealth as possible from the people and their country. Australians have noticed a gradual loss of core freedoms and rights as well as an attack on the nation's sovereignty. This is a worldwide phenomenon and it stems from a battle between competing criminal cartels using politics and finance as a weapon of abuse, exploitation and control. Try this thought experiment - think of Australia as a town run by an organised crime ring. AND then see what has happened to Australia - all is not as rosy as pollies and bankers told us for the last 30 years - especially before elections.

SUMIR® Begins - Join BRN: Stand - Unite - Make It Right®

Election 2019 is our chance to show we are not falling for the two party run around again. Both major parties serve the elite. Both parties have had decades to make a big difference in bringing about a fair go for most of us. Right now most of us are sick of the games, lies and systemic corruption that infests two party politics here and in other nations.

Politicians who are stuck in the old ways of – vote buying – tax & spend sleight of hand manipulations – phony policies & promises – corrupt deal making with corporate donors – us versus them divisive politics – are just tinkering around the edges. Real reform requires bold, innovative and new thinking. That is what BRN's SUMIR program offers.

Did he ask for more power and time? He should have.

Commissioner Hayne took on a role that deliberately limited his chances of successfully exposing the serious misconduct and crimes bankers are engaging in and profiting from. While there are some good suggestions for reforms in his report - he is really tinkering around the edges. While many in the media are keen to analyse what he has come up with - the real story is what he didn't look at.

Here we present some opinions re: his work but we also are keen to consider the areas that were not properly investigated ... or ignored. There is more work to do if Australians want a finance system that exists to serve their interests. That is a very different beast to the one that Hayne has been investigating.

Should a bank use an ex-politician to help compensate bank victims?

NAB "experiment" fails as bank's victims pull the pin on ex-Victorian Premier Jeff Kennett's role as a mediator. NAB CEO Andrew Thorburn thought it was a good idea at the time. Victims had their doubts but gave the process the benefit of the doubt. Before the Kennett determinations were made the nature of the negotiations had become clear. In a near unanimous decision the victims chose to revert back to dealing directly with NAB executives who have a much better understanding regarding the deep - inner workings of their bank. A great review of the situation from champion journalist Joyce Moullakis  - The Australian.

Finance leaders exposed - no ethics, no heart, no competence

BRN and the merry bank warriors came to Sydney for Round 7 of the Hayne Banking Royal Commission. CBA, Westpac and ASIC were in the dock. QC Rowena Orr stripped the Emperors of finance bare. It was painful. How do these characters even think they deserve to be paid multi million dollar salaries?

Scandals, incompetence, chicanery, greed, deception all laid out forensically by the brilliant Counsel Assisting Rowena Orr. There is a cancer in our finance sector and it is killing our country. We need people like Ms Orr to cut it out. We cannot be free until the disease is cured. The Royal Commission needs to be longer and stronger. There are other players in the sector - including ex-CEOs - that require Ms Orr's healing touch and attention.

BRN Senate Submission - exposes the corporate protection racket

Yet another Senate inquiry into ASIC has been running this year. We believe ASIC has failed in its role. A corporate watchdog that hasn't got teeth will never do the job required. Corporate crimes will only diminish when perpetrators face serious consequences and punishments for their crimes & misconduct. ASIC should be subject to significant reform or axed. Corporate crooks need to know that their victims will be properly compensated and their ill-gotten gains will be confiscated as they are being placed in a jail cell.

This approach puts in place a powerful incentive for companies and their staff to participate in the market with honesty and higher level ethics.

Could this be the Chalmers Budget?

Is this the biggest budget leak in Australian history ..... or is it the biggest fantasy? Does the ALP have the ticker for structural reform? This is the budget we have to have. Maybe it can help us stop the depression we certainly don't need to have.

Needed - Financial Services Law Force

Although flawed; Labor’s Promise to SME’s and Farmers was the first time that a major party committed to start building a fence at the top of the cliff. All we have had, up till now, is a hearse at the bottom of the cliff, that carted selected corpses off to the coroner’s ASIC and APRA for post-mortem. Even then they only retrieve some of the bodies, most who fell, or were herded by AFCA, or were pushed by a Bank, ended up in a mass grave and forgotten. On the rare occasion when a consumer did survive the fall, mortally injured they are generally ignored, or worse placated. Damaged, broke and disillusioned, they wander in a form of limbo, in search of some form of justice or even a friendly audience.

Michael Sanderson is an ex-farmer who lost his farm due to bank miscon­duct and AFCA being not fit for pur­pose. He is a foundation member of Bank Warriors and an Advisory Panel member of Bank Reform Now.

The rulers win ..... again

Who thinks it makes much difference which party wins an election? Here we expose the harsh truth .... it's not a pretty picture but unless you know about the powers that run the show you'll keep hoping that your vote will make a difference in four years time. A two party structure gives the illusion of choice only. Real change comes with policies that returns power to the people.

It was a simple question ....

BRN CEO Nabs Ken Henry with a simple question on ABC's Q&A Ethics, Accountability and Leadership episode - 26.10.20. He didn't quite get it. Here you can see the video excerpt of Ken's attempt plus an in-depth translation of what Ken was grappling with. Kudos to the Q&A team for highlighting a very important topic.

This is gold. Trust, ethics, democracy, hypocrisy, Kakistocracy .... it's all here - along with just a touch of BRN sarcasm. We couldn't resist .... Enjoy.

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From Extend RC Parliament Event
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