STOP BANKS GOUGING/ RESERVE BANK RATE 0​.​25%/ CARD RATES 18% to 23%

STOP BANKS GOUGING/ RESERVE BANK RATE 0​.​25%/ CARD RATES 18% to 23%

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Ray Sultana started this petition to FEDERAL GOVERMENT and

Ordinary Australians are reliant on credit cards to see them through the coronavirus crisis. The Federal Government has closed businesses, millions of livelihoods have been lost, beaches have been closed as have parks etc. The State Government can now fine you for leaving your home for what they describe to be a non essential reason. The Police Force have new laws to watch us from above, follow you if they wish and even arrest you at will. These two Governments have bestowed upon themselves all these powers to keep us the people who pay them through our taxes in place. NOT a single law has been passed to regulate the banks in this time in any shape or form. How is it they have all this power BUT they do not have the power to stop the banks from INTEREST RATE GOUGING at this critical of most times in our nations history. Reserve Bank rates are at 0.25% which is the lowest in Australian history yet credit card rates are between 18% & 23% which is incomprehensible and bordering on criminal economic crime. We the ordinary Australians need to band together and call on our Government representatives to STOP THE BANKS GOUGING in this our most desperate of times. Please sign and share this petition and support your fellow Australian, your mate and MAKE this Government take ACTION.  
 

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At 100 signatures, this petition is more likely to be featured in recommendations!