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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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The Freedom Budget For your consideration - a worldwide crisis deserved a budget of serious reform. A cashless authoritarian surveillance state is being set up in front of our eyes. There is no conspiracy. It's in the open now. It's time to take a stand. Here is the budget that could have been produced by a government wanting to really stop the coming depression and save the people's livelihoods, freedoms and rights. Who do the "elected" leaders of most nations really work for?	Read More...
No More War War is a crime against humanity. On the 75th Anniversary of the end of WW2 it is worth thinking about what we have allowed the rulers to do to fundamental freedoms and rights. We are very much still living in a war economy. If the money used for war was invested in peace there would be no need for chaos and war. Follow the money and it is very easy to see how the people of the world have been robbed, lied to and abused by the 0.1%.	Read More...
Business Hibernation to stop COVID-19 chaos Morrison must lead effectively to save Australia from a massive health and economic crisis. Innovative policies such as the Business Hibernation will help. He must not play into the hands of vested interests that profit from Australian business collapses and rising, impossible to repay debt. The country is in grave danger if the wrong policies are put in place now. Who are the people and organisations advising Morrison? Once we know we can work out whose interests the policy prescriptions really serve. No-one needs to go hungry, homeless or bankrupt if the crisis is handled well and compassionately.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
America Loses 2020 Election 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.	Read More...
Perpetual AGM 2020 Perpetual performs better than others so far during the 2020 virtual AGM season but still leaves some important questions unanswered. A great effort and report from our warriors Rita Mazalevskis & Craig Caulfield.	Read More...
Crown AGM 2020 - What A Gamble Crown's board wasn't held accountable because the 2020 virtual AGM enabled the company to dodge the hard questions. A great report from Rita Mazalevskis	Read More...
CBA AGM 2020 - A Classic Coverup Craig Caulfield and the bank warriors keep up the pressure despite COVID restrictions. A proper Virtual AGM would allow shareholders to ask any appropriate question desired. There is no excuse for banks to filter and censor the discussion. The AGM is the best opportunity to point out bank problems. The bank boards and senior executives must be held accountable in a transparent fashion. Public scrutiny is essential to bring about reforms that will make the banks operate ethically and honestly. A great report from Craig and the team. See the questions CBA did not want discussed. It's an eyeopener.	Read More...
Securitisation Scam Exposed Some great research from Leon Ashby and the team on how the banks are double dipping to rip off clients after mortgages are bundled and sold. We knew it was bad but this just stinks.	Read More...
The Ultimate Revolution The author of Brave New World showed us how authoritarians of the future would use science and technology to control the masses. Propaganda, mind control and some well planned (and timed) terrorism does the trick. And by 2020 the tools have been well & truly researched and perfected.	Read More...
Deceitful Secret Revealed A very special guest editorial from three titians in the battle for bank reform. Why didn’t the Royal Commission into Banking address the serious issues of securitization and its high risks when this was raised in many submissions? Why do our Courts fail us so miserably with ridiculously unjust decisions when a Bank is involved? Why do governments allow these deceptive bank business practices? This article explains how the banks take advantage of their customers.	Read More...
Switch The Hit Aussies have done well limiting the spread of the virus. Had Prime Minister Morrison acted a bit earlier on closing the border and putting in place an effective business hibernation we could have begun ending the partial shutdown in six to eight weeks - perhaps sooner in some regions. Decisions and timing matter .... big time. The COVID-19 virus crisis brings a great opportunity for long overdue reforms that will transform and improve the lives of every Australian. BUT it all depends on whether our government puts the interests of the elite ahead of our interests. Right now the government is looking at Aussie families and small businesses taking a hit. Bank Reform Now says ...... SWITCH THE HIT..!!	Read More...
It's Crunch Time - Freedom or Slavery? Australia faces a crisis possibly much worse than the Great Depression. We can only survive it by working together with a Prime Minister (and other political leaders) that are brave, honest and intelligent. Now is the time for the nation's leadership to level with us. What is the truth about the way our laws, economy and society are structured? The following questions demand an honest response from Scott Morrison and Anthony Albanese. The COVID-19 crisis will see the elite increase our debt and steal more of our country's wealth. The choice boils down to ..... Freedom or Slavery?	Read More...
Virus Crisis - Act NOW We have put together a set of suggested policies that could help Australia survive and thrive during and after the COVID-19 virus crisis. It is a modified shutdown with powerful protections - including a business hibernation program - to stop bankruptcies and home losses. We have put it into the form of the sort of speech we would have liked to see from the Prime Minister a few days ago. What do you think? No-one needs to go hungry, homeless or bankrupt if the crisis is handled well and compassionately.	Read More...
Morrison Is Finished At certain times a nation's leader may have to handle a crisis. It is only then that you discover if a leader is made of the right stuff. Morrison is not a leader. Australia's fire crisis has proven that. Here we explain how he stuffed up and why he will step down well before the next election.	Read More...
Senate Refuses To Publish Cash Ban Submissions The government is playing dirty to try and ram through the Cash Ban Bill. The Senate refused publication of thousands of submissions including the one from Bank Reform Now. We publish it here and encourage you to get active. Albanese and his ALP also want to ban cash. The only way we can stop the Bill is to force Scott Morrison to scrap it. We need to split the Liberal and National parties. Some of their members are opposed to it and the Victorian State branch voted against it recently. Time to take a stand against pollies working in the interests of foreign powers and organisations.	Read More...
Liberal Party In Name Only For decades it's been very hard to tell the major parties apart. They have both presided over: the trampling of freedoms and rights; Australia being sold off; the gradual destruction of the nation's sovereignty; and of course - the loss of respect for politicians and the institutions that are supposed to work in the people's interests. Here we come to the realisation that the Liberal Party has no interest in fundamental freedoms. We lay bare their hypocrisy and lies. It's not a pretty sight. Two things must be done by LNP politicians that are not happy with the party's lurch toward authoritarianism. They must get Morrison to axe the Cash Ban Bill and they must see to it that the Speaker of the House changes the rules to allow peaceful protest inside Parliament House.	Read More...
Financial Crimes No Longer Tolerable This is a classic "truth to power" move from John Telford (VOFF) to Tim Wilson - Chair of the House Economics Committee. There have been too many financial scandals that have hurt hard working people who are saving for their retirement. It is no longer acceptable and if the government doesn't respond to reasoned discussion and peaceful protest then they will be held accountable. White collar criminals must be stripped of their assets and jailed. Victims of the Trio fraud are owed justice as are many others who have suffered from corporate criminals being allowed to get away with crimes by weak and compliant politicians. The House Economics Committee - and indeed Josh Frydenberg - should now be insisting that banks claw back pay and bonuses ........ and "golden handshakes."	Read More...
Protest Or Perish BRN CEO threatened with eviction from Parliament House .... for wearing a T-Shirt. Is this what has become of Australia? Have we forgotten about cherished rights and freedoms? Will the Speaker of the House Tony Smith adjust the rules regarding protest? If people can't protest peacefully what are their alternatives? While NAB's CEO Phil Chronican was in the dock at the House Economics Committee someone complained about a T-Shirt. This is what happened next ....	Read More...
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. After the events we will also add links to Video Highlights. Check the People Power - Bank AGMs - Round 1 link to see what was achieved last year.	Read More...
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.......	Read More...
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.	Read More...
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?	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...