Details of briefings inside the Reserve Bank that you were never meant to see have been released – and they show growing concern about a rapidly worsening crisis.
Secret briefings inside the Reserve Bank reveal a startling surge in the number of middle-class Australians on six-figure salaries seeking a financial crisis support.
In July, members of the RBA’s Financial Stability division met with representatives from the National Debt Helpline – a resource offering those in need access to free financial counselling.
Engaging with the service is often a requirement of banks when borrowers are unable to meet some or all their home loan repayments, but anyone in distress can seek help.
Notes from the briefing, sent as a confidential internal memo to analysts at the central bank, have been released under Freedom of Information and viewed by news.com.au.
This is about Australia.
Yes, But I see your point. I should have said “conservative in name only”.
It's the same here as the US big uniparty clownshow