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BFCSA: Bank credit rating downgrade underwhelms experts

Bank credit rating downgrade underwhelms experts Australian Financial Review Jun 20 2017 7:12 PM James Frost, James Eyers   Credit downgrades to a dozen Australian banks from a global credit rating...

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BFCSA: Rate hikes taking toll on borrowers, says Standard & Poor’s

Rate hikes taking toll on borrowers, says Standard & Poor’s The Australian 12:00am June 21, 2017 Michael Roddan   Interest rate increases on borrowers are showing signs of stressing the housing...

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BFCSA: 'Britain's richest banker' ex of Elle McPherson who earned up to £75m...

'Britain's richest banker' ex of Elle McPherson who earned up to £75m a year is among four former Barclays bosses charged with fraud relating to 2008 financial crash Barclays and four of its bosses...

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BFCSA: HOMELESSNESS is Growth Industry in AUSTRALIA run by Bankers

  HOMELESSNESS IS A GROWING CONCERN IN AUSTRALIA. Bankers are tipping people out of homes behind closed doors, using fraudulent methods to obtain possession.   So many people, according to latest...

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BFCSA: Australian New Needy: 'One meal a day': Consumers forced to choose...

'One meal a day': Consumers forced to choose between food and paying power bills ABC News 21 June 2017 6:20pm Matt Peacock  Power Bills Up.......Standard of Living Down   Welfare organisations are...

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BFCSA: CODES OF CONDUCT are a SHAM: Look at the Bankers Criminal Activities

Data Governance Australia publishes code of conduct Australian Financial Review Jun 21 2017 3:57 PM James Eyers   Data Governance Australia has published a draft code of conduct for collecting and...

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BFCSA: RBA's Philip Lowe says the next 25 years will be tougher than the last

RBA's Philip Lowe says the next 25 years will be tougher than the last Australian Financial Review Jun 19 2017 10:32 PM Jacob Greber   Reserve Bank of Australia governor Philip Lowe has again delivered...

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BFCSA: Moody’s cuts credit ratings of Australian banks on household risks

Moody’s cuts credit ratings of Australian banks on household risks The Australian 5:57pm June 19, 2017 Michael Roddan   Global ratings agency Moody’s has slightly downgraded the credit ratings of a...

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BFCSA: Customers demand answers: Misled by Major Banks Controlling the CODE...

BANKERS ARE LIARS ad regularly control lies to parliament from ASIC and APRA:  Both say "NO SYSTEMIC ISSUES." BANKERS CONTROLLED ALL ASPECTS OF COMPLAINT HANDLING.   BFCSA: Customers demand answers:...

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BFCSA: BANKS Furious at the SA levy. Calling the bank tax an act of 'economic...

South Australia bank tax an act of 'economic vandalism' Australian Financial Review Jun 22 2017 9:21 PM Simon Evans, James Frost  Banks created our economic mess and should pay for the clean up   The...

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BFCSA: Banks cringe and whinge at Bank Levies: 'Where does this end?': NAB...

Offshore bank investors asking 'Where does this end?': Andrew Thorburn Australian Financial ReviewJun 23 2017 10:04 PM James Eyers, Simon Evans, Phillip Coorey   London-based investors have warned...

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BFCSA: Macquarie Securities engaged in 'reckless' conduct, pays bumper fine

Macquarie Securities engaged in 'reckless' conduct, pays bumper fine Australian Financial Review Jun 23 2017 4:24 PM Joyce Moullakis   Macquarie Group's securities unit has paid one of the largest ever...

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BFCSA: Not in Consumers Best Interests: Home loan borrowers have been hung...

Not in their interest: The home loan borrowers that have been left out to dry Sydney Morning Herald June 24 2017 - 12:15am Elizabeth Knight   There is a hidden and worrying risk lurking for a...

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BFCSA: WHAT A ROTTEN BUNCH OF AUSTRALIAN BANKERS

WHAT A ROTTEN BUNCH OF AUSTRALIAN BANKERS INTEREST ONLY LOANS SCANDAL ABOUT TO IMPLODE and then the ugly details will be exposed. A potential $1.8 Trillion scandal......the largest BANK HEIST this...

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BFCSA: RETIREMENT VILLAGE PROPRIETORS BLATANT ENTRAPMENT OF THE ELDERLY -...

BFCSA: BFCSA: RETIREMENT VILLAGE PROPRIETORS BLATANT ENTRAPMENT OF THE ELDERLY - Predatory Selling Watch ABC TONIGHT FOUR CORNERS.and be prepared to cringe! Yes all States have the same Act but were...

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BFCSA: BANKERS PREYING ON CHILDREN? Kicking children, Parents and...

BANKERS PREYING ON CHILDREN?   Ah yes under the guise of "education." They are mining for future victims to stitch them up with Toxic Low Doc Interest Only Mortgage Loans, plus extra DEBT FOR LIFE of...

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BFCSA: Non-bank lenders grab an opportunity as banks scale back mortgage loans

Non-bank lenders grab an opportunity as banks scale back loans The Australian 2:29pm June 26, 2017 Richard Gluyas BFCSA Warning:  There is NO enforcement of law in Australia re the Major Banks and the...

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BFCSA: $493.8 million was lost in sales of properties in the March 2017 quarter.

Pain On the Way: Apartment resale losses starting to creep up, CoreLogic says Australian Financial Review Jun 26 2017 6:18 PM Su-Lin Tan   The number of loss-making apartments in Sydney and Melbourne...

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BFCSA: Australian Major Banks 'aggressively micro-managing' to attract best...

Big lenders 'aggressively micro-managing' to attract best borrowers Australian Financial Review Jun 26 2017 5:29 PM Duncan Hughes   Homeloans, a listed mortgage provider whose major shareholders...

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BFCSA: BANKERS and their Agents are NOT your friend!! BEWARE OF THE MONEY BOX...

BANKERS and their Agents are NOT your friend!! BEWARE OF THE MONEY BOX ENTRAPMENT PLAN. Banks do attack kids when they reach 18. I told Major Bank to back off on a $500 debt 30 years ago. My daughter...

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