Victoria - more taxes

[Bobby]

Banks demanding ID updates by June 1 — but what’s really behind the push for your private data?





May 18, 2025 

We explore not only Australia’s AML/CTF laws and FATCA, but the global architecture enforcing compliance and surveillance through your bank.

This isn’t about protecting you — it’s about protecting them.

We discuss:
• What you’re legally required to provide (and what you’re not)
• Why St.George is leaning so hard on its customers
• Who is pressuring them — AUSTRAC, FATF, the IRS?
• How FATCA & CRS create global data pipelines of financial info
• Why Commonwealth Bank has been asking customers, “Why do you have cash in your home?” (as exposed by Sky News host Liz Storer)

She called it “bizarre” — and she’s right.
This is no longer about anti-money laundering. It’s about control.

We must ask:

Who gave AUSTRAC its authority?
Who gave foreign treaties power over our daily lives?
And who benefits when privacy dies?

This is not advice — this is a call for critical thinking, conversation, and courage.
Let’s walk the lawful path with honour, clarity, and solidarity.

[Bobby]

I worry about Victorian debt:

https://www.abc.net.au/news/2024-05-07/ ... /103810956

that means a daily interest bill on the debt of about $15 million, climbing to more than $25 million a day by 2027.


There's a clear and simple message you get from reading the Victorian government's budget papers: don't panic.

Sure, there's a few numbers that will widen your eyes.

Money the government gets in (revenue) for the next financial year is $96.1 billion, which is less than projected it will spend (expenses) of $98.3 billion.

And yes, debt is $156.2 billion rising to $187.8 billion by 2027-28 – which by that time will be 25 per cent of the value of all the goods and services produced in the state in a year (called gross state product or GSP).

[mellie]

They're updating for concealed accounts. If you have money tucked away in an undeclared account or two, I suggest you know someone trusted to telleport it all to, so you can't get audited by Mr Centre Linktus.

[Bobby]

They're updating for concealed accounts. If you have money tucked away in an undeclared account or two, I suggest you know someone trusted to telleport it all to, so you can't get audited by Mr Centre Linktus.

I have nothing to hide and only 2 accounts at the same bank which I have had for an eternity.