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BFCSA: Turnbull Folly against the poorest: 20,000 people sent Centrelink...

20,000 people sent Centrelink 'robo-debt' notices found to owe less or nothing Sydney Morning Herald September 13 2017 - 10:45am Tom McIlroy   The Turnbull government has admitted it issued robo-debt...

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BFCSA: Growing inequality puts Australians on same path as American Wipeout

Growing inequality puts Australians on same path as America: ACTU Sydney Morning Herald September 13 2017 - 6:17am Anna Patty   Australians face growing wage inequality and the threat of an American...

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BFCSA: Beneath the scandals, Commonwealth's bigger challenge is an erosion of...

Joke Joyce.....APRA to TRY to spot any "core organizational and cultural drivers" behind the series of scandals that have engulfed the bank in recent years, and suggest ways to change them?...APRA must...

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BFCSA: Australian Bankers Running Banking Cartel aided by Evil ASIC and APRA

AUSTRALIAN BANKS HAVE BECOME A CRIME SCENE Bankers Illegal Loan Assessment Policies - Unaffordable Unsustainable Unverified INTEREST ONLY SUB PRIME LENDING. Regulators ASIC and APRA form a Major Part...

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BFCSA: ABS research reveals household DEBT has DOUBLED over 12 years. Bankers...

ABS research reveals household debt has doubled over 12 years News Corp Australia NetworkSEPTEMBER 13, 201711:30AM Sophie Elsworth   THE number of debt-laden Australian households is soaring as people...

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BFCSA: Australian Property Market slumps into low-wage and low-inflation rut....

Sentiment about real estate hits 40-year low: Just 1 in 10 see property as best investment Domain Sep 13, 2017 Chris Kohler   Confidence in Australian real estate has dropped to its weakest level in...

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BFCSA: BFCSA: Unlikely APRA 'risk culture' reviews to become the norm unless...

APRA 'risk culture' reviews to become the norm Australian Financial Review Sep 13 2017 10:00 PM Joanna Mather  APRA Do Nothing other than “Monitor in Secret” Policy is so disingenuous.  People are fed...

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BFCSA: It's not just CBA: all the banks are exposed to millions in money...

It's not just CBA: all the banks are exposed to millions in money laundering Australian Financial ReviewSep 14 2017 11:45 PM Nick McKenzie, Richard Baker, Georgina Mitchell   EXCLUSIVE  Gaping holes in...

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BFCSA: Banks using 'artificial intelligence tech?' YES its called INCOME...

Law firms, investment banks turn to AI to power deals Australian Financial Review Sep 15 2017 7:18 AM James Eyers   Most of the nation's leading investment banks, law firms, private equity houses and...

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BFCSA: ASIC to probe interest rate rise ‘profiteering’ by big banks

ASIC to probe interest rate rise ‘profiteering’ by big banks Domain Sept 15, 2017 Paulina Duran (Reuters)  ASIC PROBE is nothing more than a poke in the eye.  Pure Farce.  Consumers have been swindled...

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BFCSA: Shorting Australian banks could finally be a winning trade. Heading...

Australian Banks Could Finally Head Down Under Wall Street Journal Sept. 15, 2017 5:58 a.m. ET Jacky Wong   Investors have been calling the Australian housing market a “bubble” for years, yet prices...

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BFCSA: Huge investments at risk as Treasurer slams door on build-to-rent

Huge investments at risk as Treasurer slams door on build-to-rent The Australian 9:16pm September 15, 2017 Ben Wilmot  The signs are everywhere re economic downturn, property collapse, bank madness and...

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BFCSA: Horrors of lack of Consumer Protection: High rise owners face bill for...

High rise owners face bill for replacing dangerous cladding Australian Financial Review Sep 15 2017 5:01 PM Duncan Hughes   Apartment owners in buildings taller than three storeys will have to pay to...

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BFCSA: NAB report finds 2.4 million Australians financially vulnerable - IO...

NAB report finds 2.4 million Australians financially vulnerable The Australian 12:00am September 16, 2017 Michael Roddan Consumers made vulnerable and financially ruined by the Banks and still bankers...

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BFCSA: Westpac facing ASIC loan assessment allegations.

Westpac facing ASIC loan assessment allegations.   Westpac's usage of expenditure indexes to assess borrower suitability has come under fire by the Australian Securities & Investments Commission...

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BFCSA: Iceland: UK should have been tougher on bankers after financial crisis

Iceland: UK should have been tougher on bankers after financial crisis Some of Iceland's bankers were jailed after the financial crisis and the country's PM says  more should have been done in the UK....

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BFCSA: Commonwealth Bank executives escape AUSTRAC blowback. Of course they...

Commonwealth Bank executives escape AUSTRAC blowback Australian Financial ReviewSep 18 2017 11:00 PM James Frost   Senior executives responsible for risk and security at Commonwealth Bank escaped...

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BFCSA: CBA-AUSTRAC Scandal has investor implications for MIS Scams inc TRIO...

CBA-AUSTRAC case has investor implications  http://www.financialobserver.com.au/articles/cba-austrac-case-has-investor-implications=   The scandal over misuse of Commonwealth Bank of Australia’s (CBA)...

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BFCSA: Victims of Fraud (VOFF Inc) Money Laundering reveals "double...

Press Release Victims of Financial Fraud (VOFF Inc) September 17th 2017 Money Laundering. VOFF’s Press Release dated May 21 2017 highlights the “double standards” in the way a financial fraud is...

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BFCSA: Banks gagged from sharing information on money laundering, law firm says

Banks gagged from sharing information on money laundering, law firm says Australian Financial Review Sep 18 2017 7:48 PM Andrew Tillett   Banks and other financial institutions will be blocked from...

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