Occupy Wall St spreads to Australia

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• AAP
• October 13, 201111:25AM

DEMONSTRATORS plan to set up a permanent campsite outside the Reserve Bank in Sydney as part of a global day of action inspired by the Occupy Wall Street movement.

Organisers intend to remain camped in Martin Place "indefinitely" from Saturday, as they attempt to spread their pro-democracy, anti "corporate greed" message.

Similar Occupy protests will begin in capital cities across Australia on the same day.

"People are coming will all sorts of reasons to get out on the streets," a spokesman for the Occupy Sydney event told AAP.

"There's a general sense that the world is dominated by the one per cent of super rich at the top of society.

"In America it's been driven by the dire economic circumstances, but nevertheless there's people getting sacked, massive inequalities in Australia."


The Occupy Wall Street movement began in New York with protests in the heart of the city's financial district in mid-September.

The movement has been inspired by the Arab Spring revolutions and attended by hundreds of people, including the setting up of a permanent campsite around Zuccotti Park.

The Occupy Sydney spokesman said police had been told about demonstrators' intentions.

"We're hoping that the police respect that we're camping out peacefully and we don't mean any harm," he added.