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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: '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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA : 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...
View ArticleBFCSA: Ripoll hits out at banks' 'corrupt culture and greed at highest levels'
Ripoll hits out at banks' 'corrupt culture and greed at highest levels'...
View ArticleBFCSA: ASIC lacks courage on enforcement says former investigator
ASIC lacks courage on enforcement says former investigator By Mark Solomons 28th April, 2018...
View ArticleBFCSA: 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.”...
View ArticleAPRA 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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