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Australian Banks Make Record Profits & The Scamming Of Customers Goes On

27 November 2023 2 yrs

How can we have a situation where Australian banks are making record profits in the billions and we are getting scammed for billions at the same time? These scams utilise our bank accounts and banks to transfer their ill-gotten gains.

Economics Fresh

by Clio

6 May 2026 4 dys

Weak Leaders Follow The Power Elite

PM Anthony Albanese was never going to stand up to the gas industry downunder. Weak leaders follow the power elite. They are content to see inequity and inequality flourish in this time of zombie neoliberalism. Nero fiddled whilst Rome burned or so the story goes. Governments do little these days but talk and let the markets run the show to the detriment of the working poor. We have a severe housing crisis and it is not getting any better. What is the government doing about it? Talking about it, but talk is cheap. They are not actually getting their hands dirty and getting into the game by building houses themselves. No, they are ineffectually encouraging private interests to do something about the housing crisis. The figures do not stack up in terms of meeting the challenge of new housing stock being built at the required rate.

Democracy Economics Fresh Government News Politics Power

by Clio

25 April 2026 2 weeks

So, What Does It Mean To Be Australian?

I thought that it could be useful, in light of the apparent rise in the populist politics of grievance, to ask, so, what does it mean to be Australian? Anti-immigration is the flag waving vanguard theme of One Nation and the remnants of the Liberal party. Blame it on the immigrant appears number one on the political grievance charts downunder. Therefore, it provokes the question – what does it mean to be Australian? If it is not out-and-out racism, as those on the Right deny it to be, who, then, qualifies to be considered an acceptable Australian?

Culture Democracy Fresh Government Politics Power

by Clio

13 April 2026 4 weeks

Free Childcare Downunder

We have seen a spate of one-size-fits-all welfare payments and subsidies. You know, instead of governments helping the most needy they make stuff free for all. This is done for political purposes in attracting votes at elections. All this does is increase wealth inequality. Well off property owners should not be receiving government assistance in maintaining their lifestyles. This brings us to the Alan Kohler call for free childcare downunder. While I support the general idea, I question why wealthy Australians should qualify for these types of assistance. How about a carve out for those over a certain income and capital asset threshold? We need to reverse the widening wealth divide after decades of American style neoliberalism funnelling riches to a select few in Australia.

Democracy Fresh Government Politics Power Workers

Episode 25: Who Are We Australia? - Robert Sudha Hamilton's Podcast

Robert Sudha HamiltonBeginning with the Zombie Neoliberalism still infecting Australian governments, which results in our leaders giving away our LNG to all intents and purposes, the question must be asked WHY?So, What Does It Mean To Be Australian?I thought that it could be useful, in light of the apparent rise in the populist politics of grievance, to ask, so, what does it mean to be Australian? Anti-immigration is the flag waving vanguard theme of One Nation and the remnants of the Liberal party. Blame it on the immigrant appears number one on the political grievance charts downunder. Therefore, it provokes the question – what does it mean to be Australian? You are invited to listen and see what you reckon on this score!https://www.midasword.com.au/

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Midas Word @midasword ·

6 May

PM Anthony Albanese was never going to stand up to the gas industry downunder. Weak leaders follow the power elite...

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Midas Word @midasword ·

27 Apr

The Chair of Shell Australia fronted the senate inquiry into the gas industry. Incredibly, this leader of this corporation could not answer the question – how much revenue did your company make in the last financial year and how much LNG did you export?

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Midas Word @midasword ·

25 Apr

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Midas Word @midasword ·

25 Apr

Do we really think that our political leaders in government have taken adequate care of the management of our resources in light of the facts and figures listed above? Stupid is as stupid does, Australia...