AUSTRALIA IS IN YOUR HANDS- PROSPERITY OR AUSTERITY – YOUR CHOICE!
One of the priorities and a policy of my party “Australia New Era Party” when elected in Canberra will be to institute a New “Federal and Commerce Bank” in Australia. and also to “BAN COMPOUND INTEREST!” Twenty five percent and more of residential mortgagees are ninety days and more in arrears and face foreclose, eviction of themselves and families and be tossed out in the street. ( The National Bank of Australia broke its promises to me, seized and auctioned off our family home and my Company built up over twenty years was lost) I know their ways.
The results of the inevitable and coming day of reckoning of Australia;s Insolvency ( Household Debt is 188% of GDP now) . will see thousands of Australians bankrupted and in want of sustenance/ dole payments. But that is not all.
By “Banning Compound Interest” the repayment period of house mortgages will reduced by up to half and the money thus freed will boost the economy.
The only way to control banks is to implement SOLID COMPETITION and I intend to do that with a new “Federal Savings and Commerce Bank” with lowest interest rates on Credit Cards and all residential mortgages and Business advances and loans.
As well we will reduce Tax Rates on personal incomes and Business.
Time is running out. I can’t do this alone I need 500 members to register my party under Australian Law. I f you want a honesty in government and a new era of Prosperity without three years of Austerity included in the 2017 LNP Budget join my party now. Send an email with “i wish to join” subject line to firstname.lastname@example.orgAUSTRALIA IS IN YOUR HANDS! I hope you do, Cheers Ray. Like me on Facebook.