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BFCSA: Banks forced to scrap bonus pay schemes linked wholly to sales targets

Banks forced to scrap bonus pay schemes linked wholly to sales targets Australian Financial Review Apr 19 2017 5:00 AM James Frost   Banks will be forced to make wholesale changes to the way they...

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BFCSA: How ANZ, CBA, Westpac, AMP won ASIC spin war

How ANZ, CBA, Westpac, AMP won ASIC spin war The Australian 12:00am April 19, 2017 Ben Butler   Over nearly a decade, the corporate regulator regularly bowed to demands from big banks and financial...

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BFCSA: Housing affordability: Australia's politicians among nation's most...

Housing affordability: Australia's politicians among nation's most aggressive investors ABC News20 April 2017 Ashlynne McGhee   There's no housing affordability crisis in the ranks of Federal...

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BFCSA: NAB to cut 100 staff as major banks feel margin squeeze, ANZ the...

NAB to cut 100 staff as major banks feel margin squeeze The Australian 12:00am April 20, 2017 Richard Gluyas   The major banks are under mounting pressure to pull the cost lever and cut the size of...

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BFCSA: ATSB look guilty of Australian cover-up re MH370 Malaysia crash....

ATSB ‘look guilty of cover-up’, says MH370 victim’s widow The Australian 12:00am April 20, 2017 Ean Higgins   Australian and Chinese families of those who died on Malaysia Airlines flight MH370...

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BFCSA: Ernst Young audit review of Macquarie bank’s financial planning arm a...

EY review of Macquarie’s financial planning arm a sham: ASIC The Australian 12:00am April 20, 2017 Ben Butler   A review of Macquarie Group’s financial planning arm commissioned by the banking major...

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BFCSA: Labor Leader Bill Shorten targets super in bid to cool housing market

Labor targets super in bid to cool housing market The Australian 12:00am April 21, 2017 David Crowe   Bill Shorten will target a $24 billion “explosion” in borrowing in a new bid today to tackle...

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BFCSA: NAB ‘forgot’ to inform ASIC of $1.9m breach: Customers fleeced over 6...

NAB ‘forgot’ to inform ASIC of $1.9m breach The Australian 12:00am April 21, 2017 Ben Butler, Michael Roddan   The Australian Securities & Investments Commission was upset it learned about a...

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BFCSA: Australian Empty Homes: cranes in the air and homelessness continues...

'National obscenity' still a blight - homelessness continues to increase Sydney Morning Herald April 15 2017 Amy Remeikis, Neelima Choahan  How did we get here?  Cannot afford to live in our own...

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BFCSA: APRA trying to rein in unregulated non-banks and Low Doc lending:...

APRA trying to rein in non-banks: Firstmac Australian Financial Review Apr 3 2017 4:54 PM Larry Schlesinger   The "invisible hand of APRA" is trying to rein in mortgage lending by non-banks to property...

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BFCSA: ASIC's Greg Medcraft is on a mission to avoid a US sub-prime repeat. A...

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...

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BFCSA: Banks Invented Code of Conduct 'primarily directed' to other banks and...

Banks concede their code of conduct was 'primarily directed' to other banks Australian Financial Review Mar 28 2017 4:53 PM James Eyers   The banks have conceded their industry code of conduct is a "a...

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BFCSA: WHY ROYAL COMMISSION INTO BANKS AND FINANCIAL ADVICE IS ESSENTIAL for...

WHY ROYAL COMMISSION INTO BANKS AND FINANCIAL ADVICE IS ESSENTIAL for the future of consumer protection.   Sadly, some people are still under-informed and suggesting they do not understand the POWERS...

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BFCSA: Ralph Norris giving Stand Over Orders to the regulator ASIC, as The...

Watchdog alert: ‘Ralph Norris has spoken’ - NAREV was the Norris protege!!!! The Australian 12:00am April 22, 2017 Ben Butler   October 26, 2011, should have been a day of triumph for the corporate...

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BFCSA: Australian Major Banks CBA raises interest rates on investor and...

CBA raises interest rates on investor and interest-only loans 21 April 2017 Georgia Wilkins...

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BFCSA: Bankers in control Engineering Toxic Products, the Mortgage Broker...

Yes Bankers in control of Engineering toxic products, the mortgage broker channel, paying commissions and dodgy approvals....we know that AND Banks are in charge of ASIC, APRA and Corp Cop Greg...

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BFCSA: Bank Engineered Sedgewick Report a SHAM: NO Consumers consulted. No...

Tikki Fullarton now with Sky News...7 min interview with Sedgewick within link....AS USUAL with Banker Controlled Crap and misinformation,  it infers the fault lies with brokers!  Last week Banks were...

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BFCSA: ASIC, APRA cosy with Bankers = No Protection for Consumer Interests =...

Sweating on every word – how ASIC massaged the banking message Adele Ferguson...

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BFCSA: BFCSA has been Investigating the BANK Battlefield 15 Years. Mortgage...

BFCSA - ON THE BANK BATTLEFIELD FOR 15 YEARS.   Mortgage Stress will have an ugly trickle down effect on the economy when only another creep of 0.05% bank rate rise will cripple so many families,...

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BFCSA: UBS is 'calling the top' of the property boom suggesting a...

UBS is 'calling the top' of the property boom Australian Financial Review Apr 23 2017 11:00 PM Matthew Cranston   The booming housing market could finally be about to turn as auction clearance rates...

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