June 29, 2018
See what our Members of Parliament, Senator Fraser Anning, Honourable Bob Katter, Robbie Katter, Shane Knuth and Nick Dametto got up to this week.
Senator Fraser Anning, Senator for Queensland
Bob Katter, Federal Member for Kennedy
- protect deposits
- end vertical integration, to protect depositors from banks trying to lure them into buying services from the banks' other business;
- ensure deposits are only used for normal lending, which will keep more money in the real economy and available for banks to lend to productive enterprises;
- stop banks from securitising mortgages—meaning on-selling them to other banks to be bundled into risky derivatives—which will put a brake on mortgage fraud and excessive mortgage lending to risky borrowers.
Nick Dametto, State Member for Hinchinbrook
Robbie Katter, State Member for Traeger
Shane Knuth, State Member for Hill