economic justice

264 petitions

Update posted 1 day ago

Petition to CGU (Complaints), QUS, Curtis Pitt, The Federal Treasurer, SUU, CHU Insurance "Strata insurance specialists - and ONLY strata insurance", QBE, Allianz, The Hon Warren Entsch MP, The State Treasurer, Insurance Council of Australia, Annastacia Palaszczuk, CHUBB Insurance, Zurich Insurance, Hon Yvette D'Ath

Help North Queenslanders get fair and affordable insurance premiums

This petition was started in 2012. Since then the insurance crisis has spread beyond strata to include other insurances: commercial; home and contents; business; landlord’s; rural etc, and to include other areas of Australia leading to a solution required for Northern Australia not just Northern Qld although that is, and has always been, my priority. I cannot change the words of the petition as that is what people started signing but I can let you know I am continuing the fight.   Insurance companies in Queensland are driving homeowners to the wall. Premiums for units, large complexes and resorts in North Queensland have increased by 200-800%. House premiums are beginning to rise rapidly too.They are home to people like Lester, a self funded retiree. “Our complex premium has gone from $63,000 to $123,000. Several owners could not pay increased Body Corporate Fees which, in my case went from $1,900 to $3,000 per quarter. My wife and I are self funded retirees living on our allocated pension income. Since our allocated pension will not cover the increase in the Body Corporate Fees we are having to draw down from other savings to cover the situation. On top of that we are now restricted to very minimal visits to 6 grandchildren who are located in other areas. Our complex has not had a single insurance claim in the 6 years it has been built.” It’s completely unjustified -- many increases are for buildings that have not flooded, have not claimed for any cyclone damage (or minimal claims) in the last 5 years, and are not affected by bushfires. Also, because there are only one or two companies insuring larger buildings, they charge whatever they like. Meanwhile, the reports state that properties in Brisbane which did flood have received insurance premium increases of around 36%, and even in earthquake-torn Christchurch the increase is only 30% for residential properties.There are so many stories, it’s heart-breaking. These increases are devastating lives and businesses and causing huge mental, physical health and financial difficulties.North Queensland needs help NOW!!!! We want: · The recommendations resulting from the Cross Party Federal Parliamentary Inquiry to be actioned in full - in order to help ALL property owners  · The Insurance Council of Australia to concede there has been market failure in North Queensland Please sign the petition, ask the insurance companies to stop gouging North Queenslanders and give them a fair go.

Margaret Shaw
6,132 supporters
Update posted 2 days ago

Petition to Nicholas Schofield, Matias Corman, MalcomTurnbull

Allianz Insurance,and federal Government,pay my disabled son ,what he is owed

 This petition is pretty lengthy and a bit confusing,so i thought i would just make a brief ,story ,then if people want they can read the whole saga Its about my disabled son,who was first involved in a serious bike accident coming home from work,he was given the run around over a simple open and shut case,but because  it was going to cost Allianz Insurance alot of money they stalled for over three years,till my son then was shot in a night club ,left permanetly disabled,Then Allianz pulled his claim for his leg injury ,and only paid him a fraction of his claim,and then he  was awarded over $4million plus expences for his shooting injury,only to be denied his claim ,as the Insurance company from Caymann Islands had been deregistered,and our Governing bodies,Asics and Aphra,where fully aware ,of the this and did nothing,so my son was in a night club who was paying Insurance ,to a overseas company which had been deregistered,    Now we have applied to the Federal Government under the accountability act ,for a act of grace payment ,which he is intitled to plus needs,as thats why the money was awarded,but the Government refuse,to honour there duty,and Allinaz refuse to pay what they owe The same previous Government who originally knocked back his claim ,after years of deliberating,awarded Peter Slipper ,a Gracia Payment over night,where he wasnt intitled to it,So we have then applied to a new Government ,but they also are not interested   You can read the whole story   ,but this is it in brief ,please sign and share,as if our system can do this to the disabled  ,over a compensation claim ,and a victim of crime,who is safe,plus our governing bodies have no accountability,for the gross incompetence          Thank you    Stephen Quintano                Please Read this petition,as you will learn  how the federal government and Allianz Insurance are capable of doing gross injustice to the people who deserve it most,and unless exposed ,will do what they like,so please read my sons petition,and i am sure you will sign,as we all could be subject to there behaviour,some day,or someone in your family or someone close to you  Luke was coming home from work on his motor bike,was almost killed by a driver making a u- turn in front of him.His leg was so badly injured with compound fractures ,he was lucky it wasn't amputated.He was 21 years old at the time.  You might think gaining compensation for a serious accident as this might be simple and clear cut,but it has been anything but that As after years of assessing,and attending countless specialists and waiting ,the insurer ALLIANZ ,said they  could now settle his claim,within a couple of days.But then said they had made a mistake as they had him assessed the(old way),and they to start the process again,making new appoitments with specialist  and having Luke re assessed the (new way) The new reassessments showed he was clearly over the threshold of  body impairment  and was intitled to (full compensation).As he was 21 years old he was to received $500 a week for 44 years,to cover future economic loss.It took a further 5 months to arrange a phone conference to conduct the settlement.This was scheduled to occur in the January. One month before the schelduled settlement something even more shocking and tragic happened.Luke and a group of colleauges went to a night club and while there he was shot in the head.Luke was left confined to a wheel chair,paralysed down one side,loss of a eye and severe brain damage Rather  than ALLIANZ acting upon  all the information gathered from the years of assessments,they paid him only a fraction of his claim,stating that his future economic loss would be paid by the claim he would make as a result of the gun shot The courts then awarded Luke $4000,000 compensation for the injury suffered from being shot in the head,but he never received the money because the clubs insurer had been deregistered ,and the club had been paying insurance,to a insurance company which  were insolvent . ASICS and APHRA were fully aware of this and yet put the AUSTRALIAN public at risk of something like this occurring by taking no action.They though are immune to being sued for such negligence,even though they admitted to there behaviour.The Federal Government response was that they are acting in good faith The night club where luke was shot ,were still paying premiums for insurance that never exsisted .The directors who where still selling premiums to the Australian people while insolvent have never been bought to justice  .This occurred because of ASICS and APHRAS gross incompetence AS they area a Government body ,it is appropriate to apply for a(ACT OF GRACE PAYMENT)-a payment from the Federal Government,under the accountability act.But the Government refuses to follow legisliation.ALLIANZ got away with paying what they should .A fradudulent company is not held responsible and the Federal Government don't want to follow legisliation This occurred under the previous Labour Government ,as after 5 years ,and just before the election decided they didn't want to follow legisliation.then with a change of Government we applied to the Liberal Government to review this disgraceful situation, You might be able to imagine the distress and stress all this caused my brain Damaged son In the meantime ,we appeared on ABC news and then interviewed by Tim Webster,on 2ue radio With nothing eventuating in the courts and getting no action from the Government ,we asked Allianz to pay what they originally owed. ALLIANZ claimed my son had been paid his full amount,which is a lie,so I offered to have his claim assessed by two independent arbitrators,to look at the original claim.They ignored  this.ALLIANZ then claimed threats and harassment and threated me with Police action,claiming threats that where never made. My son and I are not the only one making these claims against ALLIANZ,as since we started this petition we have had many people come forward with incidences of similar treatment by ALLIANZ. Is this acceptable way for a insurer,namely ALLIANZ ,and the Federal Government to treat the disabled,or any person who is a victim of crime? HOW DO THEY GET AWAY WITH THIS? This is gross unfairness,when Peter Slipper(who was speaker of the house  in Parliament)was awarded by the same Government a gracia payment overnight,and at the same time a person severly disabled-a victim of crime-suffering  due to the gross incompetence,who rightly deserves it more,gets no action or compensation at all, We are all at risk if insurance companies can take your money  then use every sneeky way to get out of paying ,then threaten to go to Police when you question their behaviour. We are all at risk when out Governing Bodies ,who are there to protect the Australian people from fraud and injustices,are not made accountable,due to the immunity of (Acting in so called good faith) We are also at risk when ASICS and APHRA are not held accountable. We are all at risk when the criminal companies are not prosecuted for selling policies when they are de-registered Please sign to help my son get the compensation he deserves,Lets put insurers such as ALLIANZ on notice,as they cant continue this way,and lets make our Governing Bodies ACCOUNTABLE ,not hide under the Banner of IMMUNITY well after waiting 10 months for the federal government plus Allianz to pay what they own,we have finially received a decision ,they claim thats the federal government ,that they are not responsible for my sons bike accident,the issue is with Asics and Aphra,not one word was mentioned about them,which shows that they are liable for this disgrace,and clearly shows the disgrace on both sides of Government,it shows that the last election where the federal Liberal government where nearly replaced,due to bad government nothing has changed,and Allianz responce is just do more Advertising ,with the money they owe people,as many have come forward talking how they have been ripped of by Allianz Thank you STEPHEN QUINTANO                                                                                                                                                                                                                                                         

stephen quintano
3,110 supporters
Update posted 3 days ago

Petition to John Smith

Regulators, urged to investigate the corrupt business practices of New World Resources.

Thirteen Thousand people could face imminent loss of their jobs and the shareholders to have their assets stolen and made worthless. Unless the Regulators, ESMA European Securities and Markets Authority, and the European Commission and the Ombudsman's. Immediately step in to investigate the business practices and scrutinize all past and present company director's dealings, for being allegedly incompetent and failing to perform their duties in a responsible way for New World Resources/ OKD/ Karbonia S.A.  AHG group is a majority 60% shareholder and owns 65% of the debt notes liabilities. They wanted to blackmail the Czech Government into giving money to keep the company going from a claimed false bankruptcy. AHG group allegedly wants to use the rules in their debt notes to take control over New World Resources . Management was unwilling to sell a large stockpile of their own produced coal which was worth more than a future given Czech government loan that remains mostly unused. Even on the company website of OKD, there it is written that AHG Group will keep “all stakeholders informed” including shareholders. But this is not the case at all for us shareholders and employees.All the regulators must investigate the fact that New World Resources owner of OKD and Karbonia S.A. Has always published the future contract prices for coking and there thermal coal products within the first few weeks of the year when they set the price for their customers. Or set new contacts over each quarter of the year as it's common practice in the coal industry. All coking and thermal coal pricing have been omitted and we the shareholders and employees are being deceived and mislead with false information.On the 3rd of May 2016, Management alleged incompetent directors decided in an internal meeting to put the company in a “Bankruptcy Petition” and this forced on our shares the, Suspension of all traded shares.The Czech Government later in May 2016 appointed an Administrator Insolvency trustee:ING Lee Louda Vodickova 41, 110 00 Prague 1 Guarantor of New World resources.The regulators must ensure the recent dealing of the AHG owner of M&G Debt opportunities Fund II over trying to force a liquidation to be stopped. And stop the 11 Oct 2016, AHG security agent Citibank S.A from selling company assets in Poland, Karbonia S.A. As we question the validity of this illegal and unauthorized transaction. Also 17 Oct 2016 Explanatory Liquidation Circular contains many dishonest and deceiving statements sent to shareholders for this uncalled for 3rd November 2016 General meeting. (coking coal up 100% not true it's up over 300% since Nov 2015) We also humbly request that the current OKD Management, Insolvency Administrator Lee Louda and the Creditors Committee, Supervisory board, through the Czech Court with urgency re-evaluate and make a new reorganisation plan that reflects the present day coking and thermal coal prices. And we ask OKD that they really must upgrade and use present day future long-term forecasts for coal prices to reflect the recent massive price increases. Therefore it would be a prudent move for OKD to re-examined its own coal reserves so they can be upgraded and then to re-issue a new plan showing a much longer life for it's own coal mines. We are reluctant and sorry to tell you that we the minority shareholders feel that the Creditor Committee has only a closing down plan for OKD like Paskov. And we beg and ask you, Please do not close down our highly profitable coal mines. The Regulators, ESMA European Securities and Markets Authority, and the European Commission  and the Ombudsman's must all ensure  what the proprietor has claimed and the validity of their unwarranted “Bankruptcy petition”, and investigate all their business practices and scrutinize all director’s dealings especially former shadow director Zdenek Bakala. We the shareholders do have rights too. The company of New World resources is now making massive profits as of the early October 2016 coking coal contracts have settled at multi-year highs not seen since late 2011 of $200US/180Euro dollars a tonne. And thermal coal prices have now over doubled in price since the start of 2016 . ( See links below) The Regulators, ESMA European Securities and Markets Authority, and the European Commission, and the Ombudsman's must intervene urgently and we the shareholders ask for the immediate suspension of shares to be released and this unwarranted bankruptcy petition to be removed and this illegal liquidation to be stopped as it has never been authorised by the Administrator or passed by the Ostrava regional court who is presiding over all legal matters relating to New World Resources.  We the minority shareholders who have human rights make a declaration. The Czech Politicians Government and Courts, Czech Authorities CNB, Administrator Lee Louda, OKD Creditor committee and Supervisory board are allegedly using and making false and fabricated  purported documents to use thievery to steal and cheat us out of our minority shareholding of New World Resources PLC that owns 100% of OKD. Please we are humbled and we beg and ask the European Commission and European Ombudsman to take heed to this petition. We the people who have signed this petition lastly proclaim that OKD is now solvent and has been making massive profits since the third quarter of September 2016. So therefore OKD can not be bankrupt or insolvent. And we all give our permission to the UK Financial Conduct Authority to represent us minority shareholders of New World Resources in regards to the insolvency order, bankruptcy petition over OKD. We are asking the FCA to attend the creditors' committee meeting's of OKD to  represent our minority shareholder interests.   -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- NWR  assigned liquidators can be contacted or send complaint here. I have sent a complaint on behalf our all people who signed this petition. Mark Skelton, Geoffrey Bouchier and Paul Williams of Duff & Phelps B.V., Rembrandt Tower, Amstelplein 1, Amsterdam, Netherlands 1096HA : : : Number 1 most important  place that minority shareholders  must complain too.  - 13 Nov 2017 2- Number 2 second place must complain too.   -13 Nov 2017 2- Number 3 third place must complain too. Number 3.A - Number 3.B Number 3.C Minority NWR shareholders you must it's "urgent" complain to the European commission (17 June 2017). We the minority shareholders are being deceived and treated like we are criminals. Shareholders laws are in place to protect our rights in the Euro Zone. Please add and send copy of our petition Number 4 on list you must complain to now minority shareholders/Human beings are now.  - Please complain firstly and mainly about the  European Securities and Markets Authority (ESMA) refusal to help ( Note many of us petition signers have received refusal email/letter from ESMA). Secondly about the Czech Government and Courts, Czech Authorities CNB, Administrator Lee Louda, OKD Creditor committee and Supervisory board are allegedly using and making fabricated documents to use thievery to steal and cheat us out of our minority shareholding of New World Resources PLC that owns 100% of OKD!. Note that OKD/NWR is and has been making massive profits since Q3 third quarter of 2016.  Please always add this petition. On hold at moment due to me being happy with response from the UK FCA regulator 13 Nov 2017. My opinion is Czech Republic long time waisting and inaction are holding back FCA from taking any actions. Update 10 Jan 2017 I received an email reply from the Czech Ombudsman, I regret to report that they are only recognising complaints from “Czech citizens”.Please complain about the inaction over OKD from the Czech CNB regulator. The proposed closing down of all OKD coal mines by creditors committee, Administrator and alleged Czech Government or anything else you think is relevant in the Czech Republic. And please make sure you add this Petition's link in your email. -European Securities and Markets Authority (ESMA) . I have wrote a letter that included our petition signatures. Because I was not happy with the response and inaction from the Czech Regulator (CNB). I Recommend all shareholders of NWR that the ESMA is now the most important place for us all to complain to next. Please send your formal complaint email/letter to the ESMA requesting further actions and a investigation. Please also do not forget to add a link for our Petition to your email. Note: My Email/Letter is my opinion and everything I have written is alleged. – We the shareholders of New World Resources, have a obligation to complain about Mr Zdenek Bakala just like Pavol Krupa. Please add and send copy of our petition.  . We the minority shareholders legally own part of New World Resources that owns OKD. Well I have complained may times to they don't even answer or reply. Regulators must take action!. -31 Dec 2011 report, NWR/OKD “Life of the mines plan” shows continued production for all coal mines until 2030. - 9th Aug 2013 OKD own website has Karvina and CSA site extending the mines production of coal until 2035!. -31 DEC 2013 NWR/OKD 65% decrease of saleable coal reserves. Note: The decrease relates to the downward adjustment of company's long-term coal prices. Coking coal prices are now at all time record high's in Euro dollar terms for Q1 2017. -23 SEPTEMBER 2014. I personally gave my own money as did most other minority shareholders to save  NWR and OKD from a very real bankruptcy !. Czech Politicians, Government, Courts, Czech Authorities CNB, Administrator Lee Louda, OKD Creditor committee and Supervisory board forgets or is unwilling to acknowledge the truth!. - 30 NOV 2015 My personal email written to New World Resources in regards to Payroll Tax Deferral in talks with the Czech Government. The email has a verified confirmation that is was received and passed on to management at NWR/OKD. Some of the information is here: - 18 Dec 2015 NWR Strategic Review Process note this report is now irrelevant. Due to fact that coal prices are very high now and economics are equal or even surpass the figures indicated in the past 2011 report. -Monday 18 April 2016 China restricts the legal working days to 276 days per year. No weekend work for all Chinese coal mines/miners. Well here is the real story of how and why the Coking and thermal coal prices have had this unprecedented rally in 2016. The answer is China!. And we thank you so very much the Chinese Government.  - OKD Bankrupt Petition p10 on 31 March 2016. OKD own coal inventories/stockpile of coal prove that if sold prior to this “Bankruptcy Petition" it could have all been avoided. And this petition was dishonestly ,falsely and unwarranted called for by the company Directors and you could assume under the majority shareholder AHG Group orders. OKD Coal inventory was over 1.3 million tonnes in 2012. -2nd May 2016: Reuters reports "AHG group offers to sell NWR for 120 million euro to the Czech Government and the write off 450 million debt leaving 115 million euro debt to repay - Adobe Reader only. The parts highlighted in Yellow are the most important to read. 3rd May 2016 OKD Bankruptcy Petition - Regional Court in Ostrava under file No. B 2900.  Allegedly dishonest and falsely issued over OKD. - -10 Oct 2016 Q3 3rd Quarter 2016 benchmark deal Peabody coal settled mid-vol Coking coal contract at $200/Mt FOB up from the previous Q2 pricing of $92.50  - 24 Oct 2016 Large Thermal coal contract for  6300Kcal thermal coal settled at $94.75/ 87Euro for the period of one year starting October 1, 2016 through to September 30, 2017. - 1st Nov 2016 Newcastle thermal coal price peaked at $115  -6 Nov 2016 investicniwebdotcz OKD loan proof that only 150 million CZK has only been used or drawn down of the Czech Government loan. Paskov no formal request has been given to the Czech Government for money to help the 1600 employees.  -Tuesday 8 Nov 2016 Coking coal peaked at $315 US dollars tonne. – 11 Nov 2016 Good Chart showing 300% increase of Coking coal price in 2016. - November 2016 OKD closing down report all highly profitable mines to be closed down by 2023. Paskov will be closed down on 31 March 2017. Paskov produces coking coal price is now at highest ever recorded in euro dollar terms. Shame on you!. - 12 Dec 2016 Mid-Vol Coking coal contract for Q1 2017 settled at $285US/269Euro a tonne. NWR/OKD cash costs per tonne previously forecast at 65Euro or without Paskov at 60Euro but it's now possible for cash costs to be even lower than expected.  -liquidator Duff & amp; Phelps BV letter to OKD. 23 March 2017 Duff & Phelps are experts and they believe OKD is solvent and can not be bankrupt too!. So NWR own's 100% of OKD!. So why is NWR in Bankruptcy ask the AHG Group and ultimately Bakala????. Thievery of NWR minority shareholders is common in my opinion!.  -2:32 Youtube video about the alleged theif Bakala robbing OKD. Note just before NWR IPO initial public offering on stockmarkets in 2008. OKD had 44,000 appartments attached. Bakala transfered and later sold and failed to honour a past agreement with the miners to buy the appartments at a fair price. It was almost hidden in the small fine print in the IPO documents so a normal investor will not understand. And transfered billions out of OKD/NWR. ASSET STRIPING!. BAKALA your a liar!. 31st July 2017 Coking coal around $200usd the  current pricing  is now based on average pricing index formula over the quarter. - 13th October 2017-September 2018 one year price setting thermal coal contract settled at $94.75usd a tonne. - Please use this link to follow my latest updates and for much more information. -OKD own website displays the majority owner AHG Group.  

John Smith
114 supporters