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Press Releases

Press releases are issued from time to time to alert the media and the public about breaking news and stories from Bank Reform Now.

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Pollies Will Pay For Cash Ban

It's time to kill the CASH BAN Bill. Many pollies are too thick to realise the full story about caving into banker demands to kill off cash. Aussies want to live in freedom. Rights have been destroyed by pollies for decades - the Cash Ban is the final straw. Attacks on journalists & whistleblowers. Surveillance state & other attacks on privacy. Corrupt donations to parties. Unaffordable housing. Cost of living pressures. These are all signs of Australia going off the rails. Enough..!! Get active and put pollies in their place. They serve us .... not the bankers.

This article explains the danger and government lies .... plus gives you some downloads to help you contact MPs and Senators. Make sure you put a submission into the new Senate inquiry before 15.11.19.

Cash Is King - Not ScoMo
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The Takedown Of Australia

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.

Australia - run by the crooks - for the crooks
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Stand - Unite - Make It Right. The Launch

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.

Send out the clowns
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Hayne Covers Up More Than He Reveals

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.

Banking Royal Commission Hayne Exposed
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Emperors Stripped By RC's Rowena Orr

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.

Rowena Orr - Banking Royal Commission
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Bank AGM Campaign Ramps Up - 2019 Schedule

How do you reform the banks? You go behind enemy lines and attack head on with our most powerful weapon .... THE TRUTH..!! You present evidence, logic and facts. By working hard and smart you might just become unbeatable. The truth always wins in the end .... unfortunately for too many people it has taken way too long. The bank warrior AGM campaign is growing stronger and continues this year. Here is the 2019 schedule. Check the links to see what was achieved last year.

AGM Campaign 2019
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Frydenberg Breaks The Code

The Australian Banking Association released its new Code of Banking Practice on the 1st of July. This letter was to be sent to Treasurer Frydenberg a few days later but we decided to hang onto it while we monitored ASIC, Treasury and the banks. We have now sent this to the Treasurer and publish it here today because very soon the Senate will vote on a motion to disallow the new Code. Every Senator must vote to axe the code ..... here's why.......

Banking code has got to go
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Justice Demands Action - Right Now

The finance sector has been shown to be operating in a way that harms customers and citizens in general. Criminals within the system have been allowed to profit from horrific abuses by not only bank CEOs and boards but also ASIC, the Bankers Association - and of course .... the politicians that they pretty much own and control. Everyone is affected - if people can't trust the government and the banks we really are done for.

The Banking Royal commission exposed the tip of the iceberg. Now is the time to push for reforms. This article gives you the tools you need to help get results. Political contact information - email addresses, phone & fax numbers. Plus policy positions that will change the finance sector and politics. If you want justice and a better future for your family work with us in an effective and coordinated campaign. It's a numbers game. A politician's main concern is keeping their seat. The aim here is to get MPs and Senators to publicly support policies that will benefit the people and country. Unless they publicly support you with speeches in the Parliament and media interviews they are not serious.

We have the power to turf them out. The number of people contacting them determines whether they take an issue seriously or not. Let's make 2019 the year we get justice.

Fight against corruption...
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Election 2019 Commentary

Election surprise. The ALP has a real knack of choosing flawed characters to lead from opposition. Bill Shorten had baggage. The public never warmed to him or trusted him. Rudd's second coming relied on the party locking in the leader. What could go wrong?

Pollies at the beach
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Australia Is Being Robbed

Wolves in sheep's clothing infest our government. Australia and its people are being robbed. Politicians and the major parties are facilitating the theft of our incomes, freedoms, resources and other assets. Farms, businesses, lives - all being stolen. Election 2019 is our opportunity to force new policies onto the agenda. Whoever wins any election must understand that they serve us ... not the party, not the elite and not themselves.

End the rat race
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ALP and LNP Must Both Be Sacked At Election 2019

The major parties have failed. They have had decades to bring about genuine reforms to decrease corruption and increase the well being of citizens. It is now clear to most that our democracy is being abused. The major parties serve elite and often foreign interests. Dodgy trade deals. Selling off our land and businesses. Seeing housing become unaffordable ..... all signs of something being terribly wrong. It's time to break out of the two party double-cross.

Liars liars .. country on fire
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Election 2019: Choose Candidates Wisely - The List

Election 2019 has some bright and caring people running with minor parties or as independents. The ones listed here support new ideas. They care about our country being sold out and ripped off. They want crooked bankers jailed and their victims compensated. We need good people in government before it's too late. The two party charade has reached its use by date. Let's see them each get less than a 30% primary vote. There are plenty of good alternatives. Election 2019 - It's our turn to win.

Every three years the charade bamboozles again
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UK Courts To Expose NAB

NAB's previous CEOs Andrew Thorburn and Cameron Clyne have serious questions to answer over the bank's dealing in the UK. Clydesdale and Yorkshire banks have been found to be engaged in dodgy dealings and the Australian head office at the time was up to its neck in it.

Fees For No Serv ice - NAB UK
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Election 2019 - The People Must Win ... Not A Party

The major parties do not serve the people's interests. Many of us are sick of being lied to and robbed by politicians and the corporations that own them. It's time to unite and demand new ideas for reform and justice. The people have the power. At Election 2019 we really must use it wisely.

Politicians don't read emails .... they count them. That's why an avalanche of emails demanding action to end corruption, bring in bank reform and other key policies will have an effect.

This action plan has tools including databases of all candidates' - emails / phone numbers / career experience - powerful stuff to help you get a commitment from the candidates.

Pollies Don't Read Emails ... They Count Them
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Pollies Just Lying For Your Vote

Do you think this time it will be different? How can we be sure that Scott Morrison and Bill Shorten are lying for your vote? Past performance is a good guide. BRN feels the only way to change things is to push independents and minor parties to support good policy. This will put important issues on the agenda. Once this attracts media attention the candidates in the major parties will realise their seats are at risk - there are no safe seats now. They and their parties too will then have to look at new ideas and policies. Voters are crying out for something different. The LNP and ALP will be struggling for a 30% primary vote. Voters have their boots and baseball bats ready. Election 2019 is our big chance for big opportunities.

Who do you trust? - the Easter Bunny!
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Step 3 - SUMIR - Triphasic Citizenship Dividend

If properly implemented the three step SUMIR program would end poverty. Every person deserves a fair go to build a good life. Step 3 - The Triphasic Citizenship Dividend is the payoff. Pollies that support the elite can easily be identified - they will reject meaningful reform. They prefer business as usual - selling out the people and their country.

At Election 2019 Aussies can go for bold. We are identifying  candidates right now that support the SUMIR movement. Join in and end the age of exploitation.

Aussies Go For Bold - SUMIR Step 3
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Step 1 - SUMIR - Sovereign Wealth Fund

Many nations have a Sovereign Wealth Fund. There is no reason Australia can't have one which serves the nation's interests. Here we describe how it would look and how it would be funded. Including the repatriation of wealth stolen from the people by criminals aided and abetted by corrupt politicians. The problems allowing the theft to occur are systemic & structural and therefore so are the solutions.

The goose was stolen
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Step 2 - SUMIR - Sovereign Monetary System

Australia used to have a national bank - the Commonwealth Bank. It was the people's bank designed to serve the nation's interests. It was stolen ... and it was an inside job. People are beginning to realise that having a criminal cartel controlling money and politics might  not be such a good idea. Time for a dose of structural reform before it's too late. It's not just money at risk - it's freedom and lives.

Sovereign Money Makes You Happy
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Journalism Versus the Big Banks

Adele Ferguson is one of the champions of the bank warriors. Without her gutsy investigative journalism it is quite likely that there would not have been a Royal Commission into banking. Bank Warriors support her call for a new  Royal Commission into APRA and ASIC.

Adele calls for RC into ASIC and APRA
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Bank Warrior Delivers Truth To Power

The Australian Legal and Constitutional Affairs References Committee headed by Senator Louise Pratt officially gave bank victims ten days to respond to their current inquiry - Resolution of disputes with financial service providers within the justice system. On Thursday the 21st of March they had a public hearing.

Plenty of insiders usually congregate at these events - lawyers, industry bodies etc. Here we saw the Australian Bankers Association and AFCA featured and giving responses ..... but one man representing bank victims was somehow allowed to present. Bank warrior Selwyn Krepp had something to say and it was much more than the Senators were expecting.

Mr Krepp has detailed to CBA various breaches of the Corporations Act, the NCCP and the Code of Banking Practice, plus the failure of their code of conduct.  This is a horror story that also was in large part responsible for the suicide of the Krepp's lawyer.

CBA has consistently and persistently refused to apologise and remediate Mr Krepp. The Senate must be wondering how CBA's CEO Matt Comyn sleeps at night when his bank can treat a customer in the way the Krepps have and are being treated.

CBA Bank Warriors - Selwyn Krepp
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CBA Was Not A Fair Legal Player

When asked at the 8.3.19 House Economics Committee CEO Grilling whether CBA had been a Model Litigant CEO Matt Comyn replies "No." This is significant for people that were subjected to unconscionable legal machinations by the bank's lawyers. Cases such as those of Dr Robert Cooke, Tony Rigg and Rory O'brien are now able to be looked at freshly .... and Mr Comyn promised he would. We welcome his commitment.

The old case routine is finished
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Bank Separation Now On The Agenda

Bankers thought they were off the hook with the handicapped Royal Commission but the Hayne inquiry revealed just enough for most informed people and journalists to realise that what wasn't exposed was more important than what was. The finance system is structured to fleece the population. CEC's Robert Barwick understands this very well. In an exclusive editorial for BRN he explains exactly why the banks must be broken up - vertically and horizontally. The Senate has been given the Banking System Reform (Separation of Banks) Bill 2019. Robert also shows how you can make a submission to support it ..... please do.

Break Up The Banks - Australian banking
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Access To Justice Emergency

URGENT...!! - The government is limiting time to respond to one of the most important inquiries to date - regarding: The Resolution of disputes with financial service providers within the justice system. You only have till the 1st of March - 10 Days!!!! ... from now...!!!

Bankers and Pollies Unite - Against You..!!
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Yellow Vests In Australia

Bank Reform Now CEO launches Yellow Vest Sydney gathering with powerful speech that spills the beans that the elite and their pollies don't want you to know about. The Yellow Vest movement's first Australian rallies began on Saturday the 19th of January 2019. While we have been inspired by the French movement Aussies are doing it their way. Peaceful gatherings to show the government we are sick of business as usual. For decades both major parties have worked against the people's interests. Just like BRN, the Yellow Vests want to bring power back to the people. They want to stop the elite controlling governments in order to facilitate their continuous fleecing of the people and country. Citizen Initiated Referendum is the only official policy they are pushing for.

This is the speech given by BRN CEO Dr B at the Sydney rally at Martin Place. He was asked by organisers to speak and of course he was happy to help ..... thanks to the sensible agreement that had been negotiated making Yellow Vest events family friendly and peaceful.

Yellow Vests Launch in Sydney
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BRN In The Media

Collection of articles, stories and multi-media presentations about Bank Reform Now.

News / Article Summary Go To Article

Jeff Kennett Dumped By NAB 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.

Kennett fails NAB remediation
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Two Heads Down At NAB

Bank chairman resigns, along with chief executive Andrew Thorburn, after heavy criticism in the royal commission report .. and The Guardians international readership has been informed. Great work from Paul Karp.

NAB bank Ken Henry & Andrew Thorburn Sacked.
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Banking News

Find the latest news and stories about banks caught out in illegal and corrupt activity from around the world.

News / Article Summary Go To Article

Perpetual Indifference Crucified Son Of Aussie War Hero

A very sad story. The ill son of war hero "Weary" Dunlop ripped off by finance sector parasites ... and no-one in a position to help the family will take responsibility. Thanks to bank warrior Boyd Fraser the relatives of now deceased Alexander Dunlop have a chance to see justice. Boyd has his own battle with Perpetual and he's not going down without a fight and while he's at it he wants to help other victims too. This is an amazing case showing just how dodgy some characters are in the "business" world.

Alexander Dunlop - abused by Perpetual
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Banks Using Smoke and Mirrors Again

It's pretty hard to trust Anna Bligh and the Australian Banking Association when you consider the history of banking in Australia since the first Code of Conduct came into existence in 1993. The Soviet Union had possibly the finest documentation protecting the Human Rights of its citizens. Words on paper don't cut it..!! The system must be structured to serve the people's legitimate needs and interests. The Banking Codes have always served the interests of the banks. The new code is no different. But don't worry folks ...... there is light at the end of this long and torturous tunnel.

 New banking code released
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Westpac Scandal About To Blow

Dr Evan Jones has recently commented on several cases Bank Reform Now has been assisting with. The Hayes and Uebergang cases raise very serious issues for Westpac. CEO Brian Hartzer wasn't at the bank when these issues surfaced  but he can read. When Westpac was on the edge of collapse drastic measures were part of the rescue response. It's all been detailed in Hansard and then Senator Paul McLean's book Bankers And Bastards. The Westpac Letters scandal showed how the bank's board and their lawyers operated. We know they broke the law. We know they destroyed lives and businesses. Colin Uebergang suffered as a direct result. It's not good enough to pretend the bankers were saints in the 90s. We all now know the truth.

Three Westpac heads - Kelly, Maxsted, Hartzer
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Appalling Banking Will Be Fully Exposed

AFCA Chair Helen Coonan says community trust in the finance sector had been "shattered", with financial institutions causing "despair and hopelessness in many broken lives and broken businesses." If a key part of the economy profits from this type of crooked dealing with customers something is terribly wrong. If we have to remove one CEO after another so be it. Our sense of justice has not been tempered .... it's been honed razor sharp and it will be used to remove recalcitrant bankers, regulators and politicians. Justice has been delayed ..... it will  not be denied and it will be sweet.

The Australian Financial Complaints Authority is  making the right noises BUT it has built in limitations. Just like the Banking Code of Conduct and the Code Compliance monitoring apparatus it is rigged in favour of bankers. Victims of bank crimes have the deck stacked against them BUT Helen Coonan will serve a purpose that could help victims despite her hands being tied behind her back.

Justice wil not be denied
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Hayne Hamstrung From The Start

Nationals MP Barry O’Sullivan triggered the Royal Commission being called by Turnbull and Morrison but no politician was responsible. Bank reform was on the agenda thanks to brave whistleblowers and gutsy journalists like Jeff Morris and Adele Ferguson. Victims of bank misconduct and activists worked on the push to reform using everything they had. Social media, mainstream media and political contacts were worked tirelessly. The bankers saw what was coming and decided to put their inquiry up with their terms and their commissioner by using their Prime Minister and their Treasurer. Even though the Royal Commission was hobbled from the start it did serve a purpose... and everyone very well knows it covered up more than it exposed. This is an excerpt from Michael Roddan's book The People vs The Banks. The battle is still being waged and the people will win the war.

The RC we had to have
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Senate Inquiry Misses The Point

The Hayne RC and the Senate Access To Justice inquiry have dropped the ball. The only way banks can engage with clients in the heavy handed, deceptive, unconscionable and often criminal way that they do is thanks to a "justice" system that enables and allows them to get away with serious abuses. Any other business or individual that treated clients in the way the banks regularly do would see perpetrators fined and jailed. Yes - the abuses we have researched are that serious. Politicians and multiple inquires have been informed. So clearly the other protection required by banks is political. Therefore until people take political action to reform the system nothing will be achieved. Election 2019 is the time to take action.

Here we look at the weak recommendations from the Senate Access to Justice inquiry with contributions from the BRN Advisory Panel.

Missed opportunity
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Whistleblower Drops Bombshell On Senate

Jeff Morris is blowing the whistle even harder now. The Senate has been informed and anyone who reads Jeff's submission to the Access To Justice Inquiry will learn the truth about the way banks operate. Bank can no longer deny the bleeding obvious. BRN  has cases in front of all the major banks ... and they involve matters exposed by Jeff right here.

Banks lie
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NAB Promises To Play Fair

All four major banks have now committed to becoming Model Litigants. NAB was the last to do so. Acting CEO Phil Chronican who will soon take over as Chairman of the bank's board was in the hot seat at the March 2019 House Economics Committee bank CEO grilling. He made it clear that the bank is committed to acting ethically, morally and fairly when dealing with clients where a dispute exists. This is a critical breakthrough in the quest for justice. Mr Chronican and other bankers have been given cases where the bank's lawyers most certainly did not act as Model Litigants.

Previous CEO Thorburn botched his chance to have the bank do the right thing. The new environment will see legacy cases properly settled and in the future bankers will be less likely to allow abuses to bring in profits.

Previous CEO Thorburn botched the job
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ASIC Wants To Play Fair

ASIC boss James Shipton is talking tough with calls to rebuild trust in the finance sector and for bankers to be fair in their dealings with clients. It shouldn't be so hard. All that is required is for ethical behaviour to become the norm. Bankers need to realise they don't deserve a disproportionate share of their client's and the nation's wealth. The fleecing must stop.

This is Shipton's speech to the AFR Banking and Wealth Summit. There are some choice points made. How serious is ASIC? Their time to prove themselves is pretty close to up.

ASIC's Shipton wants to play fair
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Bankers Are Robbing The Country

Don't let this article slip by - you don't see this exposed in the mainstream media every day. The banks have been allowed by corrupt politicians to steal our wealth and freedoms. Adam Creighton revealed the way it's done before Hayne delivered his limited report. Spread this message far and wide. The system is corrupt and in need of structural reform. Join in with Bank Reform Now to get the job done. Stand - Unite - Make It Right.

Bankkers Creating "money."
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BOQ Exposed

It's not just the big four banks that have been abusing their clients and the law. Second tier operations like Bank Of Queensland got off even lighter than the big banks. Bankers need to look at what even the impaired Royal Commission managed to do to AMP. Michael Sanderson is owed around $2 million after BOQ manipulated valuations to assist its asset stripping sting. Time for the bank to pay up. See story for important information re: valuation abuse; Equality of Arms; Model Litigant guidelines. It's a game changer.

Michael Sanderson wants justice from BOQ
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Thorburn Displays More Than Poor Judgement

It is not just lack of judgement and poor governance in his own office. Rosemary Rogers also worked in Cameron Clyne's office. The real issue is this - if the CEO could not see crimes and misconduct in their own office it is not surprising that they may not have seen criminal cells working in the bank right around the country. We gave Mr Thorburn evidence of these crimes in October last year. He tried to cover it up with a dodgy mediation process ..... he will be looking for work very soon.

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Sham Bank Royal Commission About To Be Exposed

A beaut article summarising the possible findings of the Hayne banking Royal Commission. Well done Karen Maley from the AFR. Well worth a read but check out the BRN kicker at the end. All is not as it seems. For years both major parties allowed crime and corruption to fester in finance. It is time for bold new ideas.

Hayne unlikely to bring about adequate reforms
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Dr Brandson's Blog

Be inspired by founder Dr Peter Brandson's thoughts and opinions, shedding light on the bigger picture of bank corruption and how it damages people's lives.

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Scott Morrison Not Shocked By Bank Crimes

These two emails show you what we are dealing with. The first to the Prime Minister makes it clear about the crimes that are being covered up by the Hayne Royal Commission. The response which arrived three months later on the eve of the Hayne report is a form letter which makes no mention of the key issues needing attention.

ScoMo knows what bankers are doing
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Extend Australian Royal Commission Banking & Finance

Bank Victims Horror Stories

From Extend RC Parliament Event
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Bank victims, supporters and concerned citizens want to see...
ANZ CEO Shayne Elliott finally admits documents they used...
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