BFCSA: Ms Bligh ABA states consumer anger comes from erosion of TRUST in Banking
Housing curbs reflect genuine concerns, says ABA's Anna Bligh Australian Financial Review Apr 3 2017 11:00 PM James Eyers New Australian Bankers' Association chief executive Anna Bligh says it won't...
View ArticleBFCSA: THE PROJECT Ch TEN - TONIGHT Guest: Lindsay David L F Economics re...
CHANNEL TEN THE PROJECT - TONIGHT Guest: Lindsay David L F Economics. Do Not Miss this one re: THE BANKS and toxic INTEREST ONLY Sub Prime LOANS..................Australian Banks
View ArticleBFCSA: Crooked Corp Cop Greg Medcraft still blaming Sellers for ROBO Approved...
ASIC's Greg Medcraft is on a mission to avoid a US sub-prime repeat Australian Financial ReviewApr 3 2017 11:00 PM Jonathan Shapiro, Jacob Greber READ comments from DENISE BRAILEY...
View ArticleBFCSA: WHITE COLLAR CRIME INQUIRY the usual waste of time!!!!!
BFCSA bothered to take three weeks intense work and send in SUBMISSION # 23 the Senate Inquiry into Penalties for White Collar Crime March 2016 To our knowledge no victims were called as witnesses, no...
View ArticleBFCSA: Kate Carnell says 'Loans are pretty close to extortion': Mars,...
'Pretty close to extortion': Mars, Kellogg's and Fonterra pushing loans on small business Sydney Morning Herald April 5 2017 - 6:24am Cara Waters Massive brands including Mars, Kellogg's and Fonterra...
View ArticleBFCSA: ASIC and APRA'S Dirty little Time-Bomb Secret re housing...
Mortgage crackdown to crimp borrowing capacity Australian Financial Review Apr 4 2017 11:00 PM Jonathan Shapiro, James Frost A mortgage lending crackdown could cut in half the amount a typical...
View ArticleBFCSA: Property developers pull back on apartment projects
Property developers pull back on apartment projects The Australian 12:00am April 5, 2017 Lisa Allen, Ben Wilmot Property developers are shedding major apartment sites along the eastern seaboard as...
View ArticleBFCSA: APRA interest-only crackdown a blip for lenders. Show us yer true...
APRA interest-only crackdown a blip for lenders The Australian 12:00am April 5, 2017 Michael Bennet The banking regulator’s latest steps to rein in interest-only lending to homebuyers have been...
View ArticleBFCSA: RBA's new Governor Philip Lowe is either a dunderhead or corrupt. Its...
RBA's Lowe takes aim at desperado borrowers Australian Financial Review Apr 4 2017 8:49 PM Jacob Greber Reserve Bank of Australia governor Philip Lowe has warned too many banks are giving loans to...
View ArticleBFCSA: Truth of Australian Banking Scandals are now Bubbling to the Surface...
Denise L Brailey RBA's new Governor Philip Lowe is either a dunderhead or corrupt. He cannot have an each way bet. Over 90% of all loans written last year are INTEREST ONLY LOW DOCs. Government is...
View ArticleBFCSA: a win re ASIC DATABASE for Michael West - we all need to support his...
Dear Subscriber, Very good news. The government jettisoned its plan to sell the ASIC database just before Christmas. It is a win for new media, and a win for the public, which is an endorsement of...
View ArticleBFCSA: Drivel from Bloxham and Jetsam: One-eyed Bloxo refuses to see...
Bloxham bedazzled by $$$ signs! One-eyed Bloxo only sees supply-side By Unconventional Economist in Australian Property at 1:35 pm on April 4, 2017 | 11 comments By Leith van Onselen...
View ArticleBFCSA: Hot Fireballs of Bad Debt = Property Bubble: LF Economics say...
From the TEN NETWORK - THE PROJECT April 4th LINDSAY DAVID L F Economics Interview A Housing Bubble is when housing loans climb higher than the house is worth. A long time splurge in gratuitous...
View ArticleBFCSA: RBA says Australian Banks handing out 'too many interest only...
RBA says Australian Banks handing out 'too many interest only unaffordable home loans' The Reserve Bank has warned housing loans are outpacing household incomes RBA boss said banks have issued too...
View ArticleBFCSA: Propaganda from ASIC Chief Corp Cop, former Banker Greg Medcraft: US...
ASIC's Greg Medcraft is on a mission to avoid a US sub-prime repeat Australian Financial ReviewApr 3 2017 11:00 PM Jonathan Shapiro, Jacob Greber The chair of the corporate watchdog is leading a...
View ArticleBFCSA: Australian Prudential Regulator sends more warnings to Banks but...
APRA drops housing capital bombshell Australian Financial ReviewApr 5 2017 11:00 PM Jonathan Shapiro, James Thomson Australia's banks could be forced to raise billions of dollars more capital after...
View ArticleBFCSA: Securitisation GURU and ASIC Chief and ex Soc Gen boss, Greg Medcraft,...
Background of the Sub-Prime crisis and GFC written 2011 This is just an Australian blog but ....wow What ASIC fails to disclose (and ASIC is always going on about adequate disclosure) is that...
View ArticleBFCSA: APRA Wayne Byers long speech but short on Facts. He 'willbee' moving...
Fortune favours the strong: Behind APRA's move on mortgages Australian Financial Review Apr 5 2017 5:40 PM Wayne Byres This is an edited transcript of the speech given by APRA chairman Wayne Byres at...
View ArticleBFCSA: APRA plays Santa Claus for Australian Major Bank CEOs
APRA plays Santa Claus for bank CEOs Sydney Morning Herald April 5 2017 - 5:19pm Michael Pascoe Hats off to Westpac CEO Brian Hartzer for the use of understatement by declaring Australian Prudential...
View ArticleBFCSA: Prime Minister Malcolm Muddle Turnbull backs RBA warning as household...
Malcolm Turnbull backs RBA warning as household debt hits new record Australian Financial Review Apr 5 2017 11:00 PM Jacob Greber Household debt is rocketing towards 190 per cent of disposable...
View Article