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BFCSA: One in five interest-only borrowers could run into mortgage repayment...

One in five interest-only borrowers could run into mortgage repayment arrears: UBS Australian Financial Review Sep 21 2018 12:16 AM Su-Lin Tan   One in five interest-only loan borrowers will struggle...

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BFCSA: Labor urged insurance crackdown ahead of Hayne report

Labor urged insurance crackdown ahead of Hayne report Australian Financial Review Sep 20 2018 10:27 PM John Kehoe   Labor is pressuring Treasurer Josh Frydenberg to explain why the government has...

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BFCSA: Hayne shines a light on bargain basement penalties

Hayne shines a light on bargain basement penalties Australian Financial Review Sep 20 2018 7:31 PM James Frost, Misa Han   The corporate regulator's failure to issue major companies with fines of any...

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BFCSA: Labor to target overseas tax haven loopholes and 'citizenship shopping'

Labor to target overseas tax haven loopholes and 'citizenship shopping' Australian Financial Review Sep 20 2018 11:00 PM Tom McIlroy   Labor will move to end travel allowances for known overseas tax...

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BFCSA: Thanks to ScoMo How reef funds went from $5 million to nearly $500...

How reef funds went from $5 million to nearly $500 million in five days Sydney Morning Herald 21 September 2018 12:00am Carrie Fellner & Peter Hannam   EXCLUSIVE  Just days before the Great Barrier...

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BFCSA: Lazy Useless ASIC reviews penalties after Hayne shaming

ASIC reviews penalties after Hayne shaming Australian Financial Review Sep 21 2018 11:00 PM John Kehoe   EXCLUSIVE  The corporate regulator has launched an internal review into how it negotiates...

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BFCSA: ASIC under fire: Can a change of the guard fix regulator’s image? NOPE

ASIC under fire: Can a change of the guard fix regulator’s image? The Australian 12:00am September 22, 2018 Ben Butler   Hard and fast. That’s how one of the Australian Securities & Investments...

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BFCSA: Graeme Samuel ‘bewildered’ by Banks and Finance companies’ shocking...

Graeme Samuel ‘bewildered’ by finance companies’ poor behaviour The Australian 12:00am September 22, 2018 Michael Roddan   Former competition tsar Graeme Samuel has hit out at the “completely...

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BFCSA: 'Stop being bastards': how the royal commission could reform banks

'Stop being bastards': how the royal commission could reform banks Sydney Morning Herald 22 September 2018 12:00am Jessica Irvine   Graeme Samuel is in no mood for beating around the bush. Australia’s...

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BFCSA: Banking royal commission: Insurers could face criminal charges

Banking royal commission: Insurers could face criminal charges Australian Financial Review Sep 21 2018 6:59 PM James Frost   The royal commission has heard a host of insurers have systematically broken...

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BFCSA: S&P upgrades outlook on Australia on surplus prospects

S&P upgrades outlook on Australia on surplus prospects Australian Financial Review Sep 21 2018 4:01 PM Patrick Commins, John Kehoe   Global ratings agency S&P has upgraded the outlook on...

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BFCSA: Small business blames 'real tightening' in credit on the banking royal...

Small business blames 'real tightening' in credit on the banking royal commission Australian Financial Review Sep 23 2018 9:00 PM John Kehoe   Small business says it is facing a credit crunch and is...

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BFCSA: Westpac has a long way to go understand the tragedy of Fraudulent...

Dear Mr Hartzer My husband is no longer coping with the threats coming from Westpac to make us homeless. I just need you all to know that before this loan was approved I could visit my family for...

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BFCSA: Commonwealth Bank executives jeered by customers in parliamentary hearing

Commonwealth Bank executives jeered by customers in parliamentary hearing Chief Matt Comyn apologises for bank, admitting CBA wrong to oppose royal commission...

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BFCSA: NAB chief tells inquiry banks started ‘drifting’ from customers 20...

NAB chief tells inquiry banks started ‘drifting’ from customers 20 years ago Andrew Thorburn says he is ashamed of how National Australia Bank has behaved in recent years...

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BFCSA : Big FOUR BANK SCANDAL costs top $1.3 billion. Yet FRAUD created $1.2...

Big four scandal costs top $1.3 billion   https://www.smh.com.au/business/banking-and-finance/nab-flags-extra-314m-in-customer-remediation-costs-20181016-p509v3.html    Clancy Yeates  16 Oct 2018  The...

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BFCSA: Ripoll hits out at banks' 'corrupt culture and greed at highest levels'

Ripoll hits out at banks' 'corrupt culture and greed at highest levels'...

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BFCSA: ASIC lacks courage on enforcement says former investigator

ASIC lacks courage on enforcement says former investigator By Mark Solomons  28th April, 2018...

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BFCSA: Labor is Scathing of Bad Bank Lending Practices fighting for the Victims

Banks’ sinister tactic:     Using the legal system ‘as a weapon’   “YOU’LL never beat the bank.”...

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APRA knew in 2003 report Howard Govt gave GREEN LIGHT to Bankers re SUB PRIME...

If you are a paid up member of BFCSA are three snippets of what you receive as a newsletter. You cannot afford to miss out:   APRA knew in 2003 report Howard Govt gave GREEN LIGHT to Bankers re SUB...

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