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.

NAB's adventure in the UK comes back to bite them

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.

BRN Election Action Plan - Time To Work Together

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.

BRN Shines The Light On The Major Parties

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.

Citizens Are Shareholders In Australia. Time for some dividends

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.

Time For Australia To Have A Proper 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.

Time To Rediscover & Recreate A Sovereign Money 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.

Regulators must face their own Royal Commission

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.

Selwyn Krepp Exposes The Dark Side Of CBA To The Senate

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.

Matt Comyn Helps Us On The Road To Reform

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.

Flawed Royal Commission Backfires On Banks

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.

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