BFCSA: The Royal Commission was a sideshow compared to this
The Royal Commission was a sideshow compared to this Daily Reckoning AustraliaFebruary 23, 2019 Nick Hubble The most important fallout from the Royal Commission began this week. Borrowers have...
View ArticleBFCSA: Smaller lenders call on APRA to close the big four funding gap
Smaller lenders call on APRA to close the big four funding gap The Australian 12:00am February 25, 2019 Joyce Moullakis The customer-owned banking sector has urged its regulator to use new capital...
View ArticleBFCSA: Super funds to halve says Macquarie
Super funds to halve: Macquarie The Australian 12:00am February 25, 2019 Scott Murdoch The number of Australian superannuation funds has been predicted to halve and the larger cashed-up “mega”...
View ArticleBFCSA: Sluice Gate – money laundering and real estate shape as an election...
Sluice Gate – money laundering and real estate shape as an election issue michaelwest.com.auFeb 25, 2019 Michael West, Nathan Lynch “Most Aussies, especially first homebuyers, would be furious to...
View ArticleBFCSA: Shorten to hit banks with levy for $640m victims compo fund
Shorten to hit banks with levy for $640m victims compo fund The Australian 12:00am February 25, 2019 Greg Brown Bill Shorten is set to hit banks and financial institutions with a new levy for a $640...
View ArticleBFCSA: Christian Porter gave ex-adviser $250,000 job on public tribunal
Christian Porter gave ex-adviser $250,000 job on public tribunal Sydney Morning Herald February 25, 2019 11.45pm Michael Koziol EXCLUSIVE Attorney-General Christian Porter has appointed one of his...
View ArticleBFCSA: Deutsche Bank analysts warn car loans pose profit risk for big banks
Deutsche Bank analysts warn car loans pose profit risk for big banks Australian Financial Review Feb 25, 2019 4.45pm Jonathan Shapiro Late payments on car loans could wipe out as much as 23 per cent...
View ArticleBFCSA: Extra bank capital in NZ could trigger $8.1 billion in equity raisings...
Extra bank capital in NZ could trigger $8.1 billion in equity raisings S&P Australian Financial Review Feb 25, 2019 4.04pm James Eyers S&P Global Ratings expects the major banks will have to...
View ArticleBFCSA: NABBERS dig in over fees-for-no-service conduct
NAB digs in over fees-for-no-service conduct Australian Financial Review Feb 25, 2019 11.00pm James Frost EXCLUSIVE NAB is preparing to dig in and defend itself against allegations it charged...
View ArticleBFCSA: ASIC wants laws to lock more bankers in jail Hahahahaha
ASIC wants laws to lock more bankers in jail Australian Financial Review Feb 26, 2019 12.00am John Kehoe, James Eyers The corporate regulator is pressing the federal Parliament to enact tougher laws...
View ArticleBFCSA: Craig Emerson 'This fight is over standards of living'
This fight is over standards of living Australian Financial Review Feb 25, 2019 11.45pm Craig Emerson Craig Emerson is managing director of Craig Emerson Economics, a Distinguished Fellow at the ANU...
View ArticleBFCSA: IMF sounds alarm on Australian debt bubble
IMF sounds alarm on Aussie debt bubble Investor Daily26 February 2019 James Mitchell The International Monetary Fund has recommended that APRA takes a forensic “deep dive” into the credit risk...
View ArticleBFCSA: Kenneth Hayne's final royal commission report held back 'heavy hits'...
Kenneth Hayne's final royal commission report held back 'heavy hits' from the banks ABC News26 February 2019 Stephen Long The body language said it all. On the afternoon of Monday, February 4,...
View ArticlePart 3 of My RC Report: Undisclosed Risk to Borrowers
Go here for Introduction to ReportGo here for Part 2 Section 2. UNDISCLOSED RISK TO BORROWERS “Almost 50 years ago, admittedly in the context of exclusion clauses, the courts propounded the fundamental...
View ArticleBFCSA: Why the New AFCA for BANK Complaints is a Liberal Basket Case!
Committee Secretary Senate Legal and Constitutional Affairs Committee PO Box 6100 Parliament House Canberra, ACT, 2600 Legcon.sen@aph.gov.au Re: Resolution of Disputes with financial service providers...
View ArticleBFCSA: Pre-election anger as taxpayers foot the bill for Government...
Pre-election anger as taxpayers foot the bill for politicians' TV ads Australian Financial Review Feb 27, 2019 5.48pm Andrew Tillett Coalition MPs will have a $22 million war chest to air TV and...
View ArticleBFCSA: Why Opal Tower owners are the lucky ones. Advice for Strata dwellers
Why Opal Tower owners are the lucky ones Australian Financial Review Feb 27, 2019 11.00pm Jimmy Thomson Jimmy Thomson edits the strata living advice website flat-chat.com.au. Different states have...
View ArticleBFCSA: Fund managers finger tight credit as key driver of housing downturn:...
Fund managers finger tight credit as key driver of housing downturn: UBS survey The Australian 12:38pm February 26, 2019 David Rogers If we are having a credit crunch in Australia, Reserve Bank...
View ArticleBFCSA: Bill Shorten’s complaints regime could force banks to behave
Bill Shorten’s complaints regime could force banks to behave The Australian 7:49am February 27, 2019 Robert Gottliebsen Bill Shorten’s plan to increase the number of government and bank funded...
View ArticleBFCSA Fears RBNZ could end big four's NZ super profits
RBNZ could end big four's NZ super profits Australian Financial Review Feb 28, 2019 6.00pm Sarah Turner The era of Australia's big four banks earning super profits in New Zealand could be over,...
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