Still more on deposit bail-ins

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More good work today from Martin North to block deposit bail-ins

As we await formal responses from the regulators, I discuss Bail-In with Robbie Barwick from the CEC.

They have launched a campaign to make a change to the law to specifically exclude deposits, and they have new evidence that despite what many in Government say, Bail-In HAS been covertly legislated.

Time to write to your MP and insist they back this change!

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.