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BFCSA: Background checks for bankers. Really??? ABA Dreamin' Again!!

Background checks for bankers The Australian 12:00am June 10, 2017 Richard Gluyas   An industry protocol for background checks on bankers has been agreed, making it harder for individuals with a...

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BFCSA: Bankers now say: New laws could punish 'honest if mistaken judgments'

Joke Joyce....A gobsmacking insight the Muddled Mind of the Greedy Banker.....  Punished    New laws could punish 'honest if mistaken judgments': Harrison Young 8 June 2017 Clancy Yeates...

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BFCSA: Sham bank tax consultation ends this week. Bankers line up for Friday.

Sham bank tax consultation ends this week Australian Financial Review Jun 12 2017 11:00 PM ‘Chanticleer’ (Tony Boyd)   The federal government's sham consultation process for the $6 billion bank tax...

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BFCSA: Australian home lending on the slide as market cools

Home lending on slide as market cools The Australian 12:00am June 10, 2017 James Glynn   Lending for Australian housing fell for a third straight month in April, in the latest sign that a push by the...

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BFCSA: Mortgage Fraud in Ireland: blame for this lies firmly at the door of...

Alarm over rising early stage mortgage arrears   Friday, June 09, 2017 Eamon Quinn http://www.irishexaminer.com/business/alarm-over-rising-early-stage-mortgage-arrears-452029.html Advocates for...

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BFCSA: Small Business Ombudsman Carnell Slam-dunks ABA response to Dirty Bank...

Covenant light loan contracts?   Ombudsman Slams ABA response to small business loans inquiry https://www.finder.com.au/ombudsman-slams-abas-business-loans-inquiry-response The Australian Small...

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BFCSA: ASIC says four out of five managed funds aren't compliant

ASIC says four out of five managed funds aren't compliant Australian Financial Review Jun 13 2017 5:11 PM James Frost   Surveillance by the Australian Securities and Investments Commission found four...

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BFCSA: NAB faces new claims over false witnessing of customer IDs

NAB faces new claims over false witnessing of customer IDs Sydney Morning Herald June 13 2017 Georgia Wilkins   National Australia Bank faces fresh claims its financial planners have incorrectly...

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BFCSA: How the big banks are getting bigger: Grave concerns re share of economy

How the big banks are getting bigger The Australian 12:00am June 14, 2017 Adam Creighton   Australia’s finance sector has grown to be the largest share ever of the economy, bigger even than those of...

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BFCSA: Australian Gross Debt $500 billion is Massive . $15 billion in...

BFCSA: Australian Gross Debt $500 billion is Massive .  $15 billion in interest per annum. Gross Debt has ticked over $500 billion for the first time in Australia's history.  The AOFM website noted the...

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BFCSA: Australian Banks have no contingency plans re collapse due to sub...

Ten years since the global financial crisis, world still suffers 'debt overhang' June 17 2017-06-17 Nassim Khadem...

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BFCSA: Banks dodge a bullet but gun is still loaded. Christiansen is just a...

Banks dodge a bullet but gun is still loaded Australian Financial Review Jun 15 2017 6:36 PM Phillip Coorey   Australia's banks came within one vote of having to face a royal commission-style inquiry...

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BFCSA: Australian Bank Executives help themselves to $300m as big banks cry...

Executives help themselves to $300m as big banks cry poor on levy  The Australian 12:00am June 16, 2017 Michael Roddan   The big four banks and Macquarie Group paid a combined $300 million to their...

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BFCSA: House price growth set to halve and apartment values will fall, NAB warns

House price growth set to halve and apartment values will fall, NAB warns Australian Financial Review Jun 18 2017 6:15 PM Duncan Hughes   National Australian Bank is warning about growing uncertainty,...

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BFCSA: Cladding ‘makes 30 buildings in Melbourne fire risks’

Cladding ‘makes 30 buildings in Melbourne fire risks’ The Australian 12:00am June 19, 2017 Rick Morton, Joe Kelly   At least 30 buildings in Melbourne are still rated as fire risks or “non-compliant”...

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BFCSA: David Coleman - No Mention of Mortgage Fraud, the Banking KKK, nor...

Not a single word about mortgage fraud nor mention of the Banking KKK Committee that is supposed to mention "Systemic Issues" and refuses to do so.   David Coleman – Recommendations to come into effect...

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BFCSA: APRA crackdown is good news for some banks

If one reads through the lines it’s called passing the buck!..........   APRA crackdown is good news for some banks Michael Pascoe 16 June 2017...

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BFCSA: Get your Voting Pencils ready: ONE YEAR TO GO: Election July 2018

ONE YEAR TO GO: Election July 2018   Malcolm Turnbull may be forced to call election after just two years of governing Heath Aston 12 June 2017...

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BFCSA Member: To all potential union bashers who vote Liberal to protect...

Consent_Withdrawn- Posted on Monday, June 19, 2017   To all potential union bashers who vote to protect banks whilst trolling victims of banking misconduct: SERIOUSLY? Where do you folks get off,...

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BFCSA: Macquarie bank faces class action over advice on worthless Brazilian...

Macquarie bank faces class action over advice on worthless Brazilian mine project Sydney Morning Herald June 21 2017 - 12:48am Cameron Houston, Chris Vedelago   EXCLUSIVE  Macquarie Group faces a major...

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