Topic

economy

6 petitions

Update posted 5 days ago

Petition to Malcolm Turnbull, Bill Shorten, Scott Morrison, Chris Bowen, Adam Bandt, Cathy McGowan, Rebekha Sharkie, Andrew Wilkie, Michael McCormack, Barnaby Joyce, George Christensen, John Alexander, Tim Wilson, Ross Vasta, Ken Wyatt, Angus Taylor, Russell Broadbent, Josh Wilson, Jim Chalmers, Matt Thistlethwaite, Pauline HANSON, Senator Richard Di Natale, Kelly O'Dwyer

Pass Australian Glass-Steagall Bill to break up the banks

To the Commonwealth Parliament: Pass Australian Glass-Steagall Bill to break up the banks The Financial Services Royal Commission’s exposure of banking misconduct and crimes proves that the banks must be broken up. Traditional commercial banking, of taking deposits and making loans, should not mix with investment banking, insurance, stock broking, funds management, financial advice, superannuation, hedge funds and private equity funds. These activities expose banks and their deposits to risks, and their cross-promotion by banks is a conflict of interest that makes customers vulnerable to exploitation. Australia needs a Glass-Steagall separation of commercial banks from all other financial activities. The USA’s Glass-Steagall Act protected Americans from financial crises for the 66 years it was in force, from 1933 to 1999. Parliament must pass the Australian Glass-Steagall legislation drafted by CEC Australia, the Banking System Reform (Separation of Banks) Bill 2018, which Bob Katter MP has announced he will introduce as a Private Member’s Bill, to break up the banks and protect bank customers and their savings.  

Citizens Electoral Council of Australia
2,796 supporters
This petition won 2 months ago

Petition to Malcolm Turnbull, Barnaby Joyce, Scott Morrison, Mathias Cormann, Bill Shorten, Tanya Plibersek, Chris Bowen, Andrew Leigh, Jim Chalmers, David Coleman, Matt Thistlethwaite, Adam Bandt, Julia Banks, Scott Buchholz, Trevor Evans, Kevin Hogan, Craig Kelly, Matt Keogh, Madeleine King, Derryn Hinch, David Leyonhjelm, Pauline Hanson, Jacqui Lambie, Nick Xenophon, Senator Richard Di Natale, Scott Ludlam, Larissa Waters, Andrew Wilke, Cathy McGowan

Break up the big banks now—pass Glass-Steagall!

TO THE HONOURABLE THE SPEAKER AND MEMBERS OF THE HOUSE OF REPRESENTATIVES This petition of the Citizens Electoral Council draws to the attention of the House that even such institutions as the IMF, the Bank for International Settlements, and the U.S. Federal Reserve are now warning of a new, far more severe financial crash than that of 2008. Transatlantic and Commonwealth governments have bailed out the Too-Big-to-Fail (TBTF) banks with US$19 trillion since 2008, virtually all of which has been used for speculation; the banks are now 40 per cent larger; and the derivatives exposure of Australia’s own banks has soared from $14 trillion in 2008 to $38 trillion now. Moreover, these TBTF banks have repeatedly been caught in criminal activity like drug-money laundering, terrorism financing, mortgage fraud, interest rate and exchange rate rigging, and more. The world must replace this disastrous, corrupt system now, before the next crash. We the undersigned therefore call on the House to do Australia’s part, and legislate the following: a full Glass-Steagall separation of Australia’s banks to protect normal commercial banking and deposits from the wild speculation of today’s TBTF banks; a national bank modelled on the original Commonwealth Bank to create massive new credits to revive our manufacturing, agricultural and other productive industries; a program of major water, power and transportation infrastructure projects, in Australia and in our region, cooperating with China’s “One Belt, One Road” program—in which 100 nations are already participating—to spur global economic recovery and provide for an enduring peace.

Citizens Electoral Council of Australia
1,966 supporters
Update posted 4 months ago

Petition to Malcolm Turnbull

Create an Australian market for recycled materials!

Hi, my name is Alicia and I'm a student at JCU studying Environmental Practice. Environmental issues are really close to my heart - and I'm sure you've all noticed the recent media attention around sustainability. I grew up on a farm in Western Victoria where we grew our own food, and were always careful with our waste and recycled whatever we could. I never really thought about what happened once the recycling was in the bin, just that I had done a good thing by putting it there. After learning more, I've seen that the Chinese markets for Australian recycled materials are coming to a close, and councils are telling people to try to minimise their recycling. Regardless, we should keep this potentially large processing and manufacturing industry in Australia, rather than sending it overseas! One solution to this problem is to make it compulsory for all Austalian Government run projects to use items made from recycled materials. This would include park benches, bollards, decking, fencing, signage and potentially a huge range of other items. We need to stimulate the market, create a thriving economy in this industry, and find a use for the huge amounts of plastics we use! Currently about 300 million tonnes of plastic is being produced each year, and only an estimated 10% of that is recycled. These figures are terrifying, especially when we know just how long plastic takes to degrade, how it's killing marine life, choking oceans and filling our valuable land as rubbish. The more uses we can find for the plastic that has already been created, the better. This should be just another step forward towards a more sustainable future, and I would be so incredibly grateful for your support in this. Ours, and future generations deserve a planet that is clean and healthy!

Alicia Walter
739 supporters
Started 1 year ago

Petition to Mark Binskin, Chief of Defence, Malcolm Turnbull, Pauline HANSON, Barnaby Joyce

Immediately cease siezure of farmland for foreign training

I, as well as the majority of the Australian people, are appauled by the governments immediate willingness to take shots at our primary producers.  The economy is already causing issues to farmers alone with price drops in food and materials.  Then corporate groups like Woolworths, Coles and other groups are dropping prices to unsustainable levels and causing many farmers to opt towards dumping their crops over getting stiffed.  Now though, I see a new level of disgusting and appaulling behaviour: multi-generation held farmland being swiped to train the military.  What the hell is going on?  We are quite literally the most unpopulated landmass second to Antarctica with masses of desert and scrubland, and we're taking land from from an already impervished group.  A group who provide us with our food security.  Stop this land grab immediately.  We elected this government to represent our interests, and again and again are we poorly represented by our PM, the Senate and the House of Representatives.  This cannot stand any longer: we've lost our motor production industry, our steelworks is a skeleton of its former self and as a result, our iron is exported just so we can buy it back in finished, more expensive form.  If we let our farmers get rorted any longer, then we're truelly left to the dogs.

Corey Hedges
1,403 supporters