Pass Australian Glass-Steagall Bill to break up the banks

Former Liberal Party Opposition Leader Dr John Hewson tweeted on 19 July: “Parliament should endorse the Banking Amendment (Deposits) Bill to explicitly rule out the possibility of ‘bail in’ where authorities would allow banks to convert your deposits to shares in a banking crisis—should be a ‘no brainer’ for any government”.

Dave Batrick, Perth, Australia
11 months ago
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