Banks get free interest on $188 billion thanks to taxpayers

During the pandemic the RBA decided it was a good idea to lend $188 billion dollars to the banks at an interest rate of around 0.10%. The term of the loan extends to 2024. While many of you lost your jobs, incurred an injury, had to close your business, or got locked down etc, the […]

1. Will the Department of the Treasury consider adopting quantitative measures in conjunction with the RBA in order to improve Australia’s productivity? 2. How can Australia adopt a coherent economic vision when the RBA and APRA are independent from the Treasurer and Department of the Treasury?

Question Number: 131 PDR Number: SBE131 Date Submitted: 18/11/2022 Department or Body: Macroeconomic Analysis and Policy Division 1. The Treasury is not currently considering adopting a quantitative easing program in conjunction with the RBA. 2. Several measures are in place between the RBA, APRA and the Government to ensure that Australia’s economic policy is cohesive. […]

Why should the Australian public trust either Professor Murphy, Professor Skerritt or Professor Kelly given they have all made statements that turned out to be grossly misleading? This includes Professor Kelly claiming the vaccines stopped transmission, Professor Murphy claiming there are no spike proteins in the blood and Professor Skerritt claiming the lipids used in the vaccine were like lipids in a steak one eats for breakfast, when in fact there are four lipids used in the vaccine some of which are cationic? Given these claims have been made in estimate hearings why aren’t they held in contempt?

Question Number: 300 PDR Number: SQ22-000674 Date Submitted: 18/11/2022 Department or Body: Department of Health Efficacy and transmission effects of the Pfizer COVID-19 vaccine have been addressed in the response to Question 2a in SQ22-000421. The spike protein in the mRNA vaccine has a transmembrane anchor region that makes the protein attach to the cell […]