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Byron Shire
February 26, 2021

Hansen support

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Bringing down the heat in our ‘hood

How well we survive the future depends on our vision for our towns and suburbs – and on how we bring that vision about.

Other News

Community bar – not

Liz Levy, Suffolk Park I couldn’t believe what I was reading in The Echo: a plan to turn an ‘iconic’...

Rail trail

Peter Finch, East Lismore At last someone else has put their hand up to question the fluffery and misinformation surrounding...

Mandy Nolan’s Soapbox: There is no place like home… actually there are no places

Local low income residents in Byron Bay are the human koalas of our Shire. They too have lost much of their habitat. We need affordable housing now, not in three years, or five years, or ten. Now.

Interview with James McMillan, founder of the Byron Surf Festival

With the Byron Bay Surf Festival just days away, founder James McMillan took a few minutes to talk to Seven about the awesome things planned for the coming weekend.

Tweed mayor and rail trail

Richard White, East Ballina I watched a Facebook video of Mayor, Chris Cherry, addressing a meeting, organised by the Northern...

Resilience through biodiversity and awareness

The Byron Shire Resilience and Regeneration Roadshow will be in Brunswick Heads this Saturday, as part of a series of events across the region tackling the question: ‘How do we create more resilient communities in 2021?’

Warren Kennedy, Mullumbimby

Perhaps Patricia Warren will forgive some scepticism about the intended effect of the proposed Banking System Report (Separation of Banks) bill 2019. It’s just that I’m unaccustomed to finding myself in accord with Senator Hansen.

It’s a strange feeling, however, if the sole intention of the bill is to separate retail and commercial banking from wholesale and investment banking then, my lips can scarcely frame the words, it sounds like a good idea.

In 1933, in the wake of the 1929 stock market crash and the Great Depression, US Congress enacted the Glass-Steagall Act. This act separated investment and commercial banking activities. All went well until 1999 when Bill Clinton signed a bill repealing the Glass-Steagal provisions which many people believe led directly to the global financial crisis just nine years later. So the separation would seem to be a good thing.

Reasons given for the repeal, according to Wikipedia, included the ‘repeal would “enhance the stability of our financial services system” by permitting financial firms to “diversify their product offerings and thus their sources of revenue” and make financial firms “better equipped to compete in global financial markets”’.

The trouble was that their diversified product offerings and sources of revenue turned out to be disguised junk.

These reasons will, no doubt, also be trundled out by those opposing the Separation of Banks bill now.


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Resilience through biodiversity and awareness

The Byron Shire Resilience and Regeneration Roadshow will be in Brunswick Heads this Saturday, as part of a series of events across the region tackling the question: ‘How do we create more resilient communities in 2021?’

Housing affordability on agenda at Ballina

With the housing crisis worsening in Ballina and across the Northern Rivers, councillors agreed that something had to be done about the problem at their meeting yesterday.

Final stage of Lismore Base Hospital get underway

The redevelopment works commenced in late 2016 and the final stage is now getting underway to complete the Lismore Base Hospital referbishment.

Constitutional referendum/poll for LG elections for Byron Shire?

Is the wards fight back again? Byron Shire Council staff have advised, in the upcoming agenda, that ‘Council may conduct a Constitutional referendum or poll in conjunction with the Local Government Election, to be held in September 2021’.