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BFCSA: Why CBA 'dropped' Merrill Lynch. Banks blame Brokers again!!! What a...

Why CBA 'dropped' Merrill Lynch Australian Financial Review Jul 9 2017 11:45 PM Tony Boyd   David Craig says the low point of his 11-year term as chief financial officer of the country's biggest bank...

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BFCSA: Advisers quit big banks, Brokers are turning into whistleblowers at last

Advisers quit big banks, AMP as watchdog intensifies scrutiny The Australian 12:00am July 10, 2017 Michael Roddan   Financial advisers are deserting the major lenders, voting with their feet as the...

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BFCSA: One by one the housing bubbles pop: Ireland, Spain, UK, US, Canada…

One by one the housing bubbles pop: Ireland, Spain, UK, US, Canada…   By Houses and Holes in Australian Property   at 12:20 am on July 10, 2017 | 69 comments     10 July 2017...

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BFCSA: Westpac backs out of home equity and Interest Only Loans

Westpac backs out of home equity By Houses and Holes in Australian Property at 12:18 pm on July 10, 2017 | 20 comments https://www.macrobusiness.com.au/2017/07/westpac-backs-home-equity/   Via AFR:...

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BFCSA: Banking Industry awash with Toxic Interest Only Mortgages and Bad Lending

The ‘sub-prime’ market is back in business The industry is terrified of using those words, but the fact is people bankrupt just a year ago can now get a mortgage   8 July 2017...

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BFCSA: Westpac ditches mortgage products in major product review

Westpac ditches mortgage products in major product review Australian Financial Review Jul 10 2017 10:29 PM Duncan Hughes   Westpac, the nation's second largest mortgage lender, is ditching mortgage and...

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BFCSA: Australia's BANKING Sub Prime Scandal: Open letter to PRIME MINISTER...

From BFCSA Member.   Open letter to PRIME MINISTER Malcolm Turnbull: Banking Sub Prime Scandal.   Dear Prime Minister, I am writing to publicly ask you to right an enormous injustice which has...

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BFCSA: Australian Financial Innovation re currency creates looming pressure...

Wave of money points to looming pressure on RBA to lift rates The Australian 12:00am July 12, 2017 Adam Creighton   A wave of inflation is about to wash over Australia, compelling the Reserve Bank to...

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BFCSA: THE CBA BIG STING - CBA SYSTEMIC breaches of trust on 60Mins

BFCSA: THE CBA BIG STING - CBA SYSTEMIC breaches of trust  on 60Mins   The CBA have been accused of one of the most serious systemic breaches of trust imaginable. They have been accused of forcing...

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BFCSA: Crime gangs targeting Australian financial markets: No Enforcement of...

Crime gangs targeting financial markets The Australian 12:00am July 12, 2017 David Uren   Criminal syndicates, many based in China and Hong Kong, are ­infiltrating Australia’s financial markets, with...

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BFCSA: Bank staff ‘overlook criminal activity to keep clients’ business’

Bank staff ‘overlook criminal activity to keep clients’ business’ The Australian 12:00am July 13, 2017 Sam Buckingham-Jones   Traders and advisers from Australian banks and other financial institutions...

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BFCSA: Australia popular “place of choice” for property money laundering and...

  ANZ: Australia “place of choice” for property money laundering By Unconventional Economist in Australian Property at 12:15 am on July 13, 2017 | 3 comments...

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BFCSA: APRA could get powers to fire bankers without court process

APRA could get powers to fire bankers without court process The Australian 12:00am July 14, 2017 Michael Roddan MESSAGE TO MINISTER IN A MUDDLE O'DWYER:  This issue is NOT about "Bad Bank Behaviour –...

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BFCSA: Turnbull’s meetings should be classed as secret Lib business? Where is...

Turnbull’s meetings ‘should be classed as secret Lib business’ The Australian 12:00am July 15, 2017 Sean Parnell   Meetings that Malcolm Turnbull held with cabinet ministers should be deemed Liberal...

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BFCSA Senators to hear evidence from Denise Brailey re Banks at the Roberts...

The Senate Select Committee on Lending to Primary Production Customers will be holding a public hearing in Perth on Wednesday, 19 July 2017. The committee wishes to invite you to give evidence at the...

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BFCSA: Morrison has lost the plot by suggesting Shadow banking!!! 85% TOXIC...

Spotlight shines on shadow banking The Australian 12:00am July 17, 2017 Michael Roddan   Tough new powers for the prudential regulator to target the shadow finance sector will allow it to slap new...

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BFCSA: Banks told to sign up to forex Global Code or be shunned

Banks told to sign up to forex deal or be shunned The Australian 12:00am July 17, 2017 David Rogers, Andrew White   Banks that fail to sign up to a new global code of conduct for the...

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BFCSA: Time to Clean Up the Swamp known as Australian Banking. Start with...

Roy Lavis is a decent hardworking Aussie bloke and a real life hero. Why? He stood up to the Thieves who inhabit the upper floors of the Commonwealth Bank. "Narev Nofriends" sits in his luxurious...

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BFCSA: Denise Brailey to give evidence to Senate Inquiry into lending - Farmers

DENISE BRAILEY to give evidence to Senators Inquiry re Lending to Primary Production Customers.   10.55 - 11.40am Weds 19th July at Mecure Hotel, 10 Irwin Street, Perth.   Rodney Culleton on at...

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BFCSA: Corporate Australia not impressed by PM Turnbull

Malcolm Turnbull clashes with corporate Australia Australian Financial Review Jul 18 2017 11:30 PM Phillip Coorey   EXCLUSIVE  The Turnbull government's strained relationship with corporate Australia...

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