Banking News

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

Or maybe the writing on the wall

Public pressure works. Scott Morrison and Josh Frydenberg have been contacted many times about bank crimes. They both have been given case histories. They know have no chance of winning back public trust unless they extend the Royal Commission. Bankers and regulators must be held accountable and victims must be compensated. It's a no-brainer. Josh Frydenberg must contact Bill Shorten and arrange bipartisan support for an extension .... now.

The Brutal Truth Of Corporate Criminality Exposed

Bankers have a well-oiled operation which has enriched and protected them. Henchmen in law, politics and the regulatory system have all played an essential role in enabling corruption in the banking and finance sector.

However - times have now changed. The people are now aware and alarmed. They will no longer tolerate being abused and ripped off by a system which no longer appropriately serves the needs of Australians. Dr Evan Jones shows you the brutal truth right here.

Financialised capitalism has failed, and cannot be fixed by more and better regulation

John Quiggin nails it - the financial system is fundamentally flawed. It is used as a tool to siphon the wealth of the people and the nation into the hands of the elite. We don't have to wait until the next crash to fix this diabolical mess ........ but we will if people do not find out how they are being screwed and then take appropriate action. First step here in Australia is to extend the powers and duration of the Banking Royal Commission. Sign the petition below. Register for updates on our website and join our Facebook page. Then get ready to help push our politicians to do the right thing. We have an election coming up .... and the pollies know they are facing a wipe out.

MP Makes A Stunning Speech Supporting Bank Victim

Public pressure on politicians does work. Michelle Matheson was a bank victim ... she is now a bank reform activist kicking goals. Michelle has lobbied politicians, supported other bank victims .... and activists. She has now seen her story told in Parliament House. Speaking out is the only way to educate and motivate others to take effective action. For those willing to stand up and stand firm ... we salute you. To those who support bank victims and the fight for Bank Reform ... we thank you.

Commissioner Hayne must take appropriate action

Banking Royal Commission exposes NAB and CBA as  committing criminal acts. There is a pattern here. The banks will soon respond and deny they have engaged in criminal actions. What will Commissioner Hayne do about it? Maybe he could ask for more power and time because what has been exposed so far is no surprise at all This is bread and butter banking. There is a depth of criminality that has not been touched. An extended Royal Commission will see his colleagues in law investigated as well as liquidators and other accomplices in deep banking. It won't be pretty.

Coming soon - the BRN Petition to Extend the Royal Commission. Let your local pollies know - the banking royal commission has only scratched the surface  -  it will be an issue at the Australian Election 2019.

Senator Anning Calls For Expanded Banking Royal Commission

In a move sure to get results Senator Fraser Anning is hosting a media event to show all Australians that the banking Royal Commission needs to be enhanced and extended to do the job required. On Tuesday August 14 2018 bank victims and other concerned citizens are coming to Canberra to support his efforts. On the same day he is likely to make his maiden speech. Bank Reform Now hopes the finance sector and the way it is abusing all of us will be featured.

CBA CEO Comyn drags feet on compo payment

The CBA Box Hill Scandal has made news around the world. Debbie Barker has sent an update to BRN. We think that Matt Comyn has no choice but to call the victims and pay them full compensation. And while he's at it .... how about a genuine apology. Oh ... and Mr Comyn should also call our friend Tony Rigg. Don't you think 30 years is a bit long for Tony to wait? What are you waiting for Matt?

Banks have pushed our farmers too far. RC must reveal the shocking truth.

This coming round of the Royal Commission will reveal many sad stories and the horrific number of cases showing the ruthless and bad behaviour by bankers in the bush. Senator Williams sums it up very well “The stress on families, the marriage breakdowns, the suicides; there’s been a lot of harsh goings-on by the banks for too long and when it ­involves land, farms and breeding herds that have often been in the family for generations, you never get over (being forced off your land),”

Global bank reform could be kicked off in Switzerland .... and Australia

It is slowly dawning on people that a secretive and powerful private banking cartel controlling the world's finance system just might not be in the best interests of the bulk of people living in every country on the planet. The Swiss Vollgeld initiative aims to make the financial system safer by stripping banks of the power to create money. It will in effect turn their liquid deposits into "state" or "sovereign" money. This is a critical step in the reform process. Did you know that Aussies will be given the chance to vote for a very similar proposal in 2019?  It just makes no sense to have bankers exploiting powers that rightly belong to the people via their sovereign governments. This article is essential reading. #OzElection19 will give Aussies the chance to top what the Swiss are attempting. See below for how you can help.

Banking - a dirtier business is hard to find

Have you ever wondered why a bank would default you when you've never missed a payment? Or why the bank would sell your confiscated property for much less than market value? Doesn't make sense to sell it cheap and leave you with a debt that could have been significantly reduced if not paid off in full. Well Natasha Keys spills the beans. From a banker's point of view it all makes perfect sense. It's a very dirty business .... as you will see.

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