Free copy of CEC's submission to Financial System Inquiry, Second Round

Australia needs a new financial system, based on Glass-Steagall and a national bank

• Summary
  
• Threat of new global financial crisis
  
• Alternative International Responses
      - Bailout/bail-in
      - The BRICS credit systems to fund economic development
  
• CEC recommendations to FSI: Glass-Steagall, and a national bank
      - Glass-Steagall
      - A national bank
  
• Conclusion
  
• Glass-Steagall for the Common Good!
  
• Attachment 1: Memo: The great Australian mortgage bubble
  
• Attachment 2: The Commonwealth National Credit Bank Bill
  

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