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BFCSA: Medcraft will move to the IMF Committee - Fintech disruption "will...

Banks may have to sell rivals' products Australian Financial Review Apr 23 2017 11:00 PM James Eyers   Banks could be forced to sell financial products manufactured by competitors under new powers to...

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Inside the House of Reps banking inquiry

  Inside the House of Reps banking inquiry   By Christian Edwards   1 Day ago   Banking   https://www.rfigroup.com/australian-banking-and-finance/news/inside-house-reps-banking-inquiry     The...

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We can't 'hold back the tide' in housing market: APRA's Wayne Byres

The financial curse - watch the video!       We can't 'hold back the tide' in housing market: APRA's Wayne Byres   Clancy Yeates   28 April 2017-04-28...

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300,000 Victorian households struggling to meet repayments

300,000 Victorian households struggling to meet repayments Michael Mata 28 April 2017 http://www.yourmortgage.com.au/article/300000-victorian-households-struggling-to-meet-repayments-235555.aspx...

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ASIC admits product manufacturers try to shift blame

ASIC admits product manufacturers try to shift blame   1 May 2017   Mike Taylor   http://www.moneymanagement.com.au/news/financial-planning/asic-admits-product-manufacturers-try-shift-blame   The...

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Record numbers under mortgage stress

Record numbers under mortgage stress   1 May 2017 Duncan Hughes http://www.afr.com/personal-finance/record-numbers-under-mortgage-stress-20170501-gvw2vt Record numbers of Australian households face...

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FBAA defends commission model to Senate inquiry

FBAA defends commission model to Senate inquiry   1 May 2017   Annie Kane   https://www.theadviser.com.au/breaking-news/36012-flat-fee-model-could-lead-to-poor-consumer-outcomes-fbaa   The industry...

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BFCSA: Four ways an Australian housing bubble could burst, illustrated

Four ways an Australian housing bubble could burst, illustrated There's been quite a bit of speculation over whether Australia has a property market bubble — where house prices are over-inflated...

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BFCSA: Lib Plan to split home loans into partnerships. Another daft idea

  BFCSA: Be Warned of the old Lib Plan to split home loans into   partnerships. Another daft idea   Originally Posted by Deniseon Monday, 06 June 2016 in ROYAL COMMISSION URGENT     Lenders berate...

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BFCSA: As ASIC Fiddles Consumers get Ripped Off - History Repeats from 2001....

As ASIC fiddles (2000) , bring on the finance broker Royal Commission. RC with Ian Temby QC......  achieved by people power in 2001.   Note: RECA is the fore-runner of BFCSA. 22 April 2001...

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BFCSA: Devastating Consequences for Australian Mortgage Borrowers caught up...

Severe mortgage stress puts 52,000 Australian households at risk of defaulting, analyst says By Stephanie Chalkley-Rhoden Updated yesterday at 1:50pm PHOTO: Higher mortgages and static wages are...

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BFCSA: Genworth Mortgage Insurance warns of risky home loan deposits and...

Genworth Mortgage Insurance warns of risky home loan deposits The Australian 12:00am May 4, 2017 Michael Roddan   The nation’s largest mortgage insurer has warned that borrowers are scraping together...

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BFCSA: Australian Bank Engineered faulty MORTGAGE LOAN PRODUCTS must be...

INTENTION to DECEIVE by Bank Engineers is a CRIMINAL OFFENCE.   As a VIP guest of the Victorian Government, I stated the following at a dinner of VIPs in 2004. I sat next to ASIC Mr Peter Kell. I also...

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BFCSA: Australian Banks created sub prime Mortgage Fraud in an evil DEBT FOR...

AUSTRALIAN BANKERS SCANDAL   Parents aged 55 and over? This is a MUST READ.................The 30 year mortgage LOW DOC loans are geared to IMPLODE WITHIN 5 YEARS. These loans are INTEREST ONLY, yet...

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BFCSA: Just substitute Australia for Spain: Spain’s Government Presses...

Just substitute Australia for Spain..........   Spain’s Government Presses Property-Bubble Rewind Button   by Don Quijones • May 6, 2017...

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BFCSA: Sydney Australia’s mortgage affordability is now the equal worst on...

Sydney mortgage affordability hits all-time low   By Unconventional Economist in Australian Property at 11:35 am on May 4, 2017 | 2 comments   By Leith van Onselen...

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BFCSA: Budget to pressure big banks - limp lettuce approach, but still NO to...

Budget to pressure big banks Australian Financial Review May 7 2017 11:45 PM Phillip Coorey   Exclusive  The Turnbull government will go after the banks in tomorrow's federal budget with new measures...

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BFCSA: Australian Bankers admit record SUB PRIME numbers under MORTGAGE...

Australian Bankers admit record numbers under MORTGAGE STRESS with Jumbo 'Interest Only' toxic Loans   Affluent suburban postcodes feature among an estimated 1,000 households a week expected to face...

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BFCSA: Ratings agency Moody's puts Australian Federal Government on notice

Ratings agency Moody's puts federal government on notice Australian Financial ReviewMay 8 2017 11:45 PM Jacob Greber, Phillip Coorey   A key ratings agency behind Australia's AAA credit rating is wary...

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BFCSA: Westpac CEO Brian Hartzer defends bank’s wealth unit BT - free of...

Westpac CEO Brian Hartzer defends bank’s wealth unit BT The Australian 12:00am May 9, 2017 Glenda Korporaal   Westpac chief executive Brian Hartzer has signalled he will strongly resist pressure to...

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