Australian govt blindfolds citizens with ‘unprecedented’ media gag – WikiLeaks

(RT) WikiLeaks has accused the Australian government of blindfolding the public with the worst suppression order in “living memory.” The media gag bans Australian news outlets from reporting on a multinational corruption case for reasons of national security.

The whistleblowing organization published the details of the “unprecedented” gag order issued by the Australian government on […]

ATO’s ‘rotten’ culture revealed

(SMH) The Australian Taxation Office’s internal culture is so poor that its ability to do its job is in danger, according to a scathing internal report.

The frank assessment, obtained though freedom of information laws, shows an organisation hamstrung by bureaucracy, risk aversion and internal empire building and in urgent need of sweeping “reinvention”.

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TVNZ | Paying Interest on a Loan that Never Existed

(AustraliaMatters) Rather close to home – this aired on main stream New Zealand television. According to the RBA money museum, Australian money hasn’t been backed by gold since 1933. So whats the Aussie dollar backed by now? We’re supposedly a “goods based economy”. With our manufacturing around 8.5% and falling, we’re not manufacturing much […]

Swan’s debt dive an act of financial vandalism

(The Telegraph) WHEN the scandal-ridden Whitlam Labor government hit the fiscal bricks in the mid-seventies it turned to Pakistani Tirath Khemlani to act as a conduit for a $4 billion petrodollar loan. […]

Over the past four years, the Labor government has lifted the debt ceiling four times, from $75 billion, to $200 billion, […]

Audio: Denise Brailey on Australian Low Doc Loans Scandal

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(3CR COMMUNITY RADIO) Renegade Economists 22.08.2012: In show 250 Denise Brailey (bfcsa.com.au) discusses Australia’s emerging low doc loan scandal – how banks have fabricated income capacities to push borrowers further into debt. This is groundbreaking news that the court systems are judging as fraudulent.

Editors note: Bank brokers were using “1 Day ABN” […]

Swan-RBA “Upbeat” About Economy While Rothschilds Bets Millions On Collapse

Liberals, 12 years $10 billion surplus – Labor, 2 years $300 billion debt.

(Australiamatters) Que the twilight zone music. Three Jewish billionaires Jacob Rothschild, John Paulson and George Soros are betting millions on a coming financial disaster. Meanwhile Australian Treasurer comrade Wayne Swan and the RBA are “upbeat” about the Australian economy that’s […]