The Government must come clean about which Australian banks are in danger of collapsing, instead of using taxpayer money to prop them up behind the scenes.
The Federal Government’s $62 billion Future Fund, comprised of three years of budget surpluses (taxpayer funds gouged by the rising GST charge on skyrocketing prices for food and fuel, but not spent on hospitals, schools or infrastructure), and chaired by former banker David Murray, injected $2 billion into Australia’s ailing banks between January and April.