Short notice but worth a moniker. Editor
“Moratorium on regional bank closures and new inquiry”
Petition Reason
Private research shows regional Australia has lost 62 per cent of its banks since 1975, leaving just 1062 located mainly in clusters in larger centres. The number of towns and cities with a bank has shrunk from 1226 to 386: 575 towns that once had one or more major banks now have no form of bank at all. Another 146 towns are on the brink of complete loss of banking services, with just one major bank open. Last year, regional Australia lost 113 “big four” bank branches. Locations included 45 towns that were stripped of their last/only bank. Of these, 23 did not have a minor corporate, mutual or franchise bank to fall back on. If a similar 10 per cent cut to the branch network is made this year, 100 more branches will be lost in the next seven months: 50 towns will lose their last bank. This issue has not been looked at properly for 17 years. The Morrison Government set up a “taskforce into regional banking” as a pre-election stunt but only put representatives of the banking industry and its own politicians on it. Just one public meeting was held. Findings have not yet been delivered.
Petition Request
We therefore ask the House to impose an immediate moratorium on regional bank closures, launch a new inquiry to pick up from where Money too Far Away (1999) and Money Matters in the Bush (2004) left matters and pulp any reports that come from the coalition’s taskforce.
Closing date for signatures: 06 October 2022 12:59 AM (AEDT)
Petition link: http://www.aph.gov.au/e-petitions/petition/EN4244
Writer Pastor Andrew Isker certainly calls it for what it is. A sobering and worthwhile read. Well worth passing on. ks
“Where is the gold that belongs to this Country by the way? Which Country vault is holding it and why?” and most of all Dandy, why does hardly any Australian (politically orientated or not) cares about that?
Pccwp, “pulling out all the ATMs – magically replaced by private ATMS” is the next step to the “centralization of the flow of money”. In the good ole days, when one major bank had trouble with “electronic banking” it went offline for a short term to fix the problem. Now, in the new version of banking, with a switch of a button EVERYTHING will be turned off until “good behavior of the clients/customers” is restored.
Hi maggoo and tonyryan43, I posted this petition on CNs the day I received word of it which unfortunarely was the Wed 5th Oct. before the cut off the following day.
It was hit or miss from then on.
I’m sorry you and others did not get time to sign the petition.
Do we want the Banks who are part of a debt based, paper printing system, not backed by anything of value?
Really?
No what we want is our money backed by something.
Like gold.
Where is the gold that belongs to this Country by the way?
Which Country vault is holding it and why?
Open that can of worms.
We want ‘their’ private Federal Reserve system of slavery to fail.
We want ‘them’ to be exposed, ‘those’ Central banks that think they own the world and play around with our lives.
We don’t want a ‘Reserve bank’ of paper money and irresponsible policies, toying with our own hard earned gains.
Problem is, every time a President in the past has stood up to them, (particularly USA) it appears they may have taken a bullet for it.
So, we may just have to trash this system ourselves.
Perhaps for a while we may need some pains to do that until we the people, take control again, and demand the money changers and their ill-gotten interest loans based on our own debt are gone.
This may require some pain but holding onto ‘this’ system keeps us all in slavery.
Bring back our money backed by something of value.
Nice one. A warning on the 6th of October that we are too late to comment.
Utter rubbish – 2 major banks have just left Nerang – a very dense and busy area – have to drive 25km apparently to the next one. PLUS – they are pulling out all the ATMs – magically replaced by private ATMS – owned by them – of course – but charging $2.50/withdrawal.. If they ever stop cash it will be utter slavery.
Banks close branches because not enough people are using them. If you want bank charges to go up make them keep open branches that are not much used.
Yeah it might have closed. Ed
The solution staring us in the face is to create an Australia Post People’s Bank – an idea that’s already been tossed around.
That might also circumvent the looming threat of the bank bail-ins, where the commercial banks all steal your savings to pay their gambling debts – something that was legalised by our fake government way back in 2018.
It already happened in Cyprus – don’t be surprised when they do it here. Now might be a good time to think about getting all your money out of the banks – before it’s too late.
Strange that the Australian banking industry is fiercely hostile to the concept of a government-owned “people’s bank” and has successfully lobbied our government to ditch any such proposal.
The closing date is today, 6 Oct 22 at 12:59pm. It’s not yet 9am on the 6 Oct 22 – and the petition is ALREADY CLOSED.
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