BFCSA: Banks whinge that the new tax creates many dangers for economy - it...
Banks warn new tax creates many dangers for economy Australian Financial Review May 15 2017 9:50 PM James Eyers The government's bank tax is inconsistent with regulators' desire to create safer banks...
View ArticleBFCSA: Relationship between Australian Government and Big Banks now toxic....
Government slams Ken Henry as Labor-leaning, self-serving 'big bank boss' Australian Financial ReviewMay 16 2017 8:49 PM Phillip Coorey, Patrick Durkin The relationship between the government and the...
View ArticleBFCSA: ABA membership strained as banks turn on each other
ABA membership strained as banks turn on each other Australian Financial Review May 16 2017 7:23 PM James Frost Tensions between Australia's banks are on the verge of boiling over as yet another...
View ArticleBFCSA: Commercial property the bigger risk to Major Banks: Fitch Ratings
Commercial property the bigger risk to banks: Fitch Ratings Sydney Morning Herald May 17 2017 - 12:15am Clancy Yeates Losses on commercial real estate loans pose a more immediate risk to Australia's...
View ArticleBFCSA: Australian Developers warn of 'dramatic slowdown' over stamp duty changes
Developers warn of 'dramatic slowdown' over stamp duty changes The Age May 17 2017 - 12:15am Simon Johanson EXCLUSIVE Property developers are leading a revolt against the Victorian government's...
View ArticleBFCSA: The CAYMAN ISLANDS MOB in the LNP trying to Prevent Public Access to...
AT LAST PEOPLE ARE WAKING UP!! You want a Royal Commission into Banks? OK so use your vote wisely as the next election will be your personal chance to change the course of history and expose these...
View ArticleBFCSA: Australian Tax Office in chaos as Deputy Commissioner Crantons charged.
ATO chaos as deputy Cranston charged The Australian 12:00am May 19, 2017 Brad Norington, Paul Maley The Australian Taxation Office is in an unprecedented crisis, with some of its tax-avoidance...
View ArticleBFCSA: ACCC mortgage probe to demand Major Banks' internal documents. About...
ACCC mortgage probe to demand banks' internal documents Sydney Morning Herald May 18 2017 Clancy Yeates Banks will be forced to hand over sensitive internal documents on their interest rate...
View ArticleBFCSA: Labor plan to name and shame multinationals on tax evasion. Companies...
Labor plan to name and shame multinationals on tax evasion. Companies would be forced to disclose use of havens to shareholders in a bid to improve transparency A Labor government would publish...
View ArticleBFCSA: Macquarie admits to misconduct inside its foreign exchange trading arm
Macquarie admits to misconduct inside its foreign exchange trading arm Sydney Morning Herald May 19 2017 - 5:45pm Georgia Wilkins Macquarie Bank will donate $2 million to charity and open up its...
View ArticleBFCSA: CBA tightens policy on interest-only loans, commonly known as LOW DOCS
CBA tightens policy on interest-only loans Sydney Morning Herald May 19 2017 - 8:44pm Georgia Wilkins The Commonwealth Bank has tightened its policies on interest-only home loans, removing incentives...
View ArticleBFCSA: Most Australian Mortgages sold are TOXIC loans generated by blatant...
Most Australian Mortgages sold are TOXIC loans generated by blatant predatory lending. 70% - 90% of all loans are subprime. Now Banks are trying to suggest they are "tightening policy???" Most...
View ArticleBFCSA: WHY THE BURDEN OF BANK FRAUD AND SUB PRIME LENDING IN WILL FALL ON...
WHY THE BURDEN OF BANK FRAUD AND SUB PRIME LENDING IN WILL FALL ON EVERY AUSTRALIAN Many people have a P & I and such loans are affordable from day one. The big problem for every Australian is...
View ArticleBFCSA: WHY THE BURDEN OF BANK FRAUD AND SUB PRIME LENDING WILL FALL ON EVERY...
WHY THE BURDEN OF BANK FRAUD AND SUB PRIME LENDING IN WILL FALL ON EVERY AUSTRALIAN Many people have a P & I and such loans are affordable from day one. The big problem for every Australian is...
View ArticleBFCSA: Interest-only loans could be 'Australia's sub-prime' JCP appointed by...
Interest-only loans could be 'Australia's sub-prime' Australian Financial ReviewMay 21 2017 11:00 PM Jonathan Shapiro, Jacob Greber High-risk mortgage loans to young families, professionals and...
View ArticleBFCSA: Do Big Five banks fear levy will expose derivatives danger lurking...
Citizens Electoral Council of Australia Media Release Friday, 19 May 2017 http://www.cecaust.com.au Do Big Five banks fear levy will expose derivatives danger lurking beneath their books? The Big Five...
View ArticleBFCSA 2012 warned of Major Banks using degrees of separation between lender...
Banks Still Continuing to Profit From Fraud Tuesday, 7 August 2012, 12:20 pm Press Release: BFCSA http://www.scoop.co.nz/stories/BU1208/S00225/banks-still-continuing-to-profit-from-fraud.htm Banking...
View ArticleBFCSA: Property crash fears as S&P downgrade 23 Australian banks. Here come...
Property crash fears downgrade Australian banks The New Daily22 May 2017 Jackson Stiles Money Editor Fears of a property market crash have prompted S&P to downgrade the creditworthiness of almost...
View ArticleBFCSA: New twist in Australian property market has long term impact on Sydney
New twist in property market has long term impact on Sydney The Australian 6:50am May 23, 2017 Robert Gottliebsen With some 15,000 Melbourne apartments due for settlement around June 30 — just over...
View Article