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BFCSA: Banks agree credit report deal with Scott Morrison to protect hardship...

Banks agree credit report deal with Scott Morrison to protect hardship customers Australian Financial Review Jun 28 2018 8:05 PM James Eyers  The four major banks have agreed to not include any...

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BFCSA: Banking royal commission: Senators put heat on receivers

Banking royal commission: Senators put heat on receivers The Australian 12:00am June 29, 2018 Michael Roddan   There is mounting pressure to expand the banking royal commission — or launch a further...

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BFCSA: Confusion over whether royal commission will rope in receivers

Confusion over whether royal commission will rope in receivers The Australian 6:50pm June 28, 2018 Sue Neales   Confusion surrounds the banking royal commission today after apparent contradictions...

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BFCSA: Demands on directors too onerous: David Murray

Demands on directors too onerous: David Murray The Australian 12:00am June 29, 2018 Glenda Korporaal   AMP chairman David Murray has hit out at the increasingly ­onerous demands on company directors,...

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BFCSA: ASIC warns of dangers in one-stop property shops’ SMSF advices

ASIC warns of dangers in one-stop property shops’ SMSF advices The Australian 12:00am June 29, 2018 James Kirby   A stunning 90 per cent of financial advice given when investors open self-managed super...

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BFCSA: Super funds placing $100bn-plus in high-risk instruments

Super funds placing $100bn-plus in high-risk instruments ·         The Australian ·         12:00AM June 30, 2018 ·                     ·         ANTHONY KLAN The nation’s prudential regulator has...

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BFCSA: Funding costs pressure big banks to lift rates

Funding costs pressure big banks to lift rates The Australian 12:00am July 2, 2018 Scott Murdoch   The major Australian banks are coming under pressure from escalating wholesale funding costs and could...

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BFCSA: ASIC GOUGES CUSTOMERS WITH FEES FOR NO SERVICE

ASIC gouges with fees for no service The Australian 12:00am July 2, 2018 Anthony Klan  Michael West has been writing about this scandal for many years The corporate regulator is acting against its own...

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BFCSA: Retirement villages: how grandma and grandpa become corporate financiers

Retirement villages: how grandma and grandpa become corporate financiers michaelwest.com.auJun 27, 2018 Michael West   It would be interesting to know just how many retirees know, when they finally...

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BFCSA: ASIC funding boost to put 'supervisors' in big banks, AMP

ASIC funding boost to put 'supervisors' in big banks, AMP Australian Financial Review Aug 7 2018 12:18 AM James Eyers   ASIC staff members will be embedded inside the major banks and AMP to supervise...

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BFCSA: Banking Royal Commission: Di Natale calls for bank execs who commit...

Banking royal commission: Richard Di Natale calls for bank execs who commit crimes to face jail The Australian 2:29pm August 8, 2018 Michael Roddan   Greens leader Richard Di Natale has called for...

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BFCSA: Former Regulator Chief Allen Fels backs bid to Break Up the Banks

First competition regulator chief backs Green bid to break banks The Australian 12:00am August 9, 2018 Adam Creighton   The inaugural head of the competition regulator, Allan Fels, has called for a...

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BFCSA: Banking royal commission: NAB put on criminal charge alert

Banking royal commission: NAB put on criminal charge alert The Australian 12:00am August 9, 2018 Ben Butler, Michael Roddan   National Australia Bank may face criminal charges over a probe by the...

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BFCSA: Greens want Australia's banks broken up over 'shocking degree of rot'

Greens want Australia's banks broken up over 'shocking degree of rot' The GuardianWed 8 Aug 2018 04.00 AEST Paul Karp   Australian financial institutions including the big four banks would be forced to...

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BFCSA: AMP's Wilkins tells staff to own mistakes after record outflows

AMP's Wilkins tells staff to own mistakes after record outflows Australian Financial Review Aug 8 2018 10:00 PM Joyce Moullakis   AMP has suffered a $5 billion slump in cash inflows in its core...

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BFCSA: Banks’ policing regime won’t prevent gouging of super nest eggs

Banks’ policing regime won’t prevent gouging of super nest eggs The Australian 1:08pm August 7, 2018 Anthony Klan   The Federal Government’s announcement of a new policing regime for the major banks...

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BFCSA: CommBank relaxed about slow housing, mortgage stress

CommBank relaxed about slow housing, mortgage stress Australian Financial Review Aug 8 2018 8:14 PM Jonathan Shapiro, James Eyers   Commonwealth Bank chief executive Matt Comyn said the softening...

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BFCSA: Treasurer Morrison does not want Banks to Tighten their Lending...

  Housing credit crunch feared as RBA keeps rates on hold The Australian 12:00am August 8, 2018 Adam Creighton, David Uren   Scott Morrison says the economy faces an “own goal” if the financial...

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BFCSA: Investor mortgage crash to drive house prices down even lower

Investor mortgage crash to drive house prices lower MacroBusiness 12:02 pm on August 8, 2018 Leith van Onselen   Today’s housing finance data for June, released by the Australian Bureau of Statistics...

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BFCSA: NAB CEO Andrew Thorburn: 'We do not believe we are criminal'

NAB CEO Andrew Thorburn: 'We do not believe they are criminal' Australian Financial ReviewAug 9 2018 9:03 PM James Frost   NAB CEO Andrew Thorburn says the bank did not act honourably but was not...

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