My Latest Twitter Updates

  • Wayne Swan is announcing the government's banking reforms at a press conference in Canberra…. #auspol #
  • Details of the banking reforms are available here: http://auspol.info/eCfGT2 #auspol #
  • As published in morning news reports, the reforms will ban exit fees for new home loans. http://auspol.info/eCfGT2 #auspol #
  • Former RBA Governor Bernie Fraser will conduct a feasibility study of full account number portability. http://auspol.info/eCfGT2 #auspol #
  • The govt will introduce mandatory key fact sheets for new home loan customers to compare bank and other lenders. http://auspol.info/g240GZ #
  • The Aust Competition and Consumer Commission will be empowered to investigate & prosecute price signalling. http://auspol.info/eBJh9B #
  • The govt will fast-track legislation "to get a better deal for Australians with credit cards". http://auspol.info/i5lRla #auspol #
  • Govt will launch "Bank on a Better Deal" – national awareness/education campaign, including interactive website. http://auspol.info/ee1YXS #
  • The govt will abolish bilateral interchange fees paid by banks to each other for ATM services. ATM owners to now charge cardholders directly #
  • The banking reforms include a new "pillar" of mutual credit unions and building societies in the banking system. http://auspol.info/eQ79pV #
  • The Financial Claims Scheme introduced during the GFC will become a permanent feature of the financial system. http://auspol.info/h1FIYq #
  • The govt will introduce a third tranche of support for residential mortgate-backed securities market – currently $16bn investment. #
  • The govt will accelerate development of "bullet" RMBS market for small lenders to compete with big banks. http://auspol.info/gnXhC7 #
  • The govt will amend the Banking Act to allow banks, credit unions and building societies to issue covered bonds. http://auspol.info/ijQZcx #
  • The govt proposes to develop "a deep and liquid corporate bond market", reducing red tape. http://auspol.info/efzPQE #auspol #
  • A summary of the government's banking reforms is here: http://auspol.info/hOugDS #auspol #
  • Bill Shorten: "Today's package hits the sweet spot for consumers". #auspol #
  • Swan: There is no justification for anyone to have an exit fee of $7000 – reforms will cover smaller lenders as well as banks. #
  • @MGR16 He just said it would… #
  • It's a couple of months old but a Greek friend of mine just drew my attention to this beautifully written piece: http://auspol.info/fviuW4 #
  • I did like the off-the-books unit employing 270 people to digitise photographs of Greek public lands, none with digital photo experience. #
  • And: "George, we know it's not your fault, but shouldn't someone go to jail?" http://auspol.info/fviuW4 #
  • RT @AntonyGreenABC: #nsw2011 NSW Election to see record turnover of MPs, most MPs retiring since 1901 http://bit.ly/eYK57Z #
  • The Michael Foot I knew, by Neil Kinnock: http://auspol.info/eu2uVw – reprising some wonderful lines. (via @smurray38) #
  • WikiLeaks may make the powerful howl, but we are learning the truth: http://auspol.info/hlrIiQ – Henry Porter ,The Guardian (via @ jimrhiz) #
  • Twitter about to open a new headquarters in London as country-by-country sponsored tweets loom: http://auspol.info/hsb08J #
  • @leeborkman Saves you from a writ, allegedly. #
  • @WNBSprague I thought the 'retirements' were the amnesty. Going to March 26 is the equivalent to 'going over the top'. #

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