Jim, don't be dim.
@JEChalmers that's “values-based capitalism” for you, no matter how you spin it.
Your only job is to act for the good public purpose, that is not the nature of capitalism.
@ecoproducer & I had the great pleasure to meet the dynamic @dai_le team 2 advocate @greens legislation restoring fines 4 law breaking bankers, provide equality to victims w FINANCIAL SERVICES LAW FUND & assist our request to meet Minister @StephenJonesMP
I hope @APRAinfo includes a limit on directors other roles, chairs, directorships. Who agrees more than three roles compromises Directors effectiveness ?
APRA releases first guide to help directors of banks, credit unions and building societies understand and comply with APRA’s regulatory requirements https://t.co/aQOakJjLv7 #APRA#Banks#prudential
Thank you @Greens @NickMcKim & @DavidShoebridge teams 4 thoughtful consideration of @ecoproducer FINANCIAL SERVICES LAW FORCE ⚖️ Equality needed before banks prepare default & court actions after fixed 2% rates become a 6% variable rate cliff face
Jo Lloyd COS 2 MP Gordon Reid understands why Robertson constituents need a FINANCIAL SERVICES LAW FORCE when banks repossess. $200B fix 2% loans facing 6% interest. Urgent need 4 @MarkDreyfusKCMP @JEChalmers @StephenJonesMP 2 meet @ecoproducer
Appreciate @stevegeorganas meeting @ecoproducer and I in Canberra yesterday. Listening, understanding and questioning our FINANCIAL SERVICES LAW FORCE proposal. A team that will bring in equality when a consumer faces daunting legal action from a bank 🏦
Dear Stuart Robert @stuartrobertmp
On the 14Feb19 you spoke in parliament on banks acting badly, followed by a meeting in your office with #BankWarriors & I
Mate things have got worse @AFCA_org_au is doing 1000s of us over, please read this thread
https://t.co/DgbVlUxJaS
1. Introduction
I have been in mortal combat with the loved Bank of Queensland @BOQ for nine years
This is a 11 slide thread that will categorically demonstrate how BOQ & other banks use their disproportionate #Legal power & their Gatekeeper @AFCA_org_au to avoid #justice
Lots of weasel words & placation
We lost a Warrior when Labor shifted @ClareONeilMP away from the finance portfolio, @stuartrobertmp had a weep followed by @ALeighMP David Gillespie Cathy O’Toole & @BertVanManen
@AFCA_org_au is disappointing
#auspol
https://t.co/fwa7VCCdxZ
@ecoproducer@ClareONeilMP @stuartrobertmp @ALeighMP @BertVanManen @AFCA_org_au Bravo Clare O’Neil traveling the country to hear bank victims stories. Recommended huge uplift in the pitiful non-financial compensation at AFCA. Yet to eventuate
Why ASIC and audit quality need an urgent overhaul. @adele_ferguson article supports my questions at bank AGM’s to prevent Audit companies performing consulting work. There should be no carve-outs for potential conflicts ⚖️ @JoshFrydenberg https://t.co/p5x25OcNgs
Thoughts from @nicolahowell7 Elise Bant and myself on responsible lending changes and why reliance on the remaining regime may not be enough. If the regime is too complex look at simplification not elimination.
Comparing @Westpac virtual AGM to ten others I recently participated in, #Westpac was the most accessible 🥇Despite criticisms in mine and others questions 🎤- no questions were taken off the table - unlike #CBA who allowed not a single q of mine🤔 https://t.co/Ti1BgIkAfz
This is wonderful. Anonymous 'secret Santa' drops thousands to pay off all lay-bys at Gympie toy store 'to spread goodwill' - ABC News https://t.co/P9hk0zgX54
APRA releases Feb review into Banking Executive Accountability Regime BEAR ... says CBA, NAB and ANZ improving nicely. Westpac not included due to ongoing investigation of breaches of the Banking Act. https://t.co/aq7kmcTq7x