Chifley tried to nationalise the banks in the late 40s. The law was passed but was declared invalid by the High Court (confirmed by the Privy Council in London). The Banking Bill of Menzies (1951) which was the basis of the Double Dissolution, simply removed the capacity of the Government to directly control the Commonwealth Bank, thereby relieving the private banks of its aggressive competition.
All senators have to fight for their seats in a double dissolution election, but some are only elected for three years. How do we determine who gets the short straw?
Malcolm Turnbull's double dissolution ploy has support from voters but would he win an election? It's a tough call, according to today's Essential Report.
What happens if the Senate passes the ABCC bills? What if it adds unpalatable amendments? Play Crikey's Senatorial Snakes and Ladders, fun for all the family!
There's voter support for Malcolm Turnbull's double dissolution plan, today's Essential Report shows. And what do men and women think constitutes sexual harassment in the workplace?
Malcolm Turnbull's decision to recall Parliament is not without precedent.
How the media reported Turnbull's announcement. And other media tidbits of the day.