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BFCSA: A spectre of doubt is haunting Europe’s banks: Banks Fined $325 billion

A spectre of doubt is haunting Europe’s banks The Australian 12:35pm October 3, 2016 Stephen Bartholomeusz   Last week Credit Suisse’s chief executive, Tidjane Thiam, described Europe’s banks as “not...

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BFCSA: ASIC says tough new benchmark rules needed to restore trust

ASIC says tough new benchmark rules needed to restore trust Australian Financial Review Oct 4 2016 11:45 PM Jonathan Shapiro   The threat of jail time for traders found guilty of manipulating important...

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BFCSA: Westpac tightens interest-only investor home loans

Westpac tightens interest-only investor home loans Australian Financial Review Oct 4 2016 11:04 PM Duncan Hughes   Westpac is toughening lending conditions on investment property loans, the third...

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BFCSA: International Monetary Fund warns on exploding private debt

International Monetary Fund warns on exploding private debt Australian Financial ReviewOct 6 2016 12:45 AM John Kehoe   Global public and private debt has blown out to a record $US152 trillion ($199...

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BFCSA: Rate rigging accused did nothing wrong, ANZ boss says

Rate rigging accused did nothing wrong, ANZ boss says Australian Financial Review Oct 5 2016 9:17 PM Joanna Mather, Jonathan Shapiro   ANZ chief Shayne Elliott defended the bank's decision to reinstate...

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BFCSA: Banks hit back on donations to political parties

Banks hit back on donations to political parties The Australian 12:00am October 6, 2016 David Crowe   Australia’s big four banks are staging a dramatic retreat from making direct donations to political...

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BFCSA: Committee hearings made Bankers desperate to avoid royal commission

Committee hearings helped avoid royal commission Australian Financial Review Oct 6 2016 10:33 PM Phillip Coorey   Westpac chief executive Brian Hartzer has suggested this week's grilling of bank bosses...

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BFCSA: Liberal Party property developers got high-level help in CBA war -...

Liberal Party property developers got high-level help in CBA war Australian Financial Review Oct 6 2016 11:45 PM Aaron Patrick   Just before he retired from politics, former attorney-general Philip...

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BFCSA: ASIC Chair Medcraft and Deputy Kell exposed as creating the BAD...

Westpac's BT Financial Group admits it knocked back 1-in-3 TPD claims OCTOBER 15 2016   SMH http://www.smh.com.au/business/by/Adele-Ferguson-hve4m After a lot of arm twisting, Westpac's life insurance...

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BFCSA: Minister Kelly O'Dywer is CODE clueless - Banks have Code of Conduct...

Victims of BANK FRAUD are shouting from the rooftops:  "All the Minister has to do, nay MUST DO, is say YES to ROYAL COMMISSION."  Simple......"just say YES and stop poncing about and stop using bank...

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BFCSA: Deloitte Access tips property to be the 'worst investment.' Australian...

Deloitte Access tips property to be the 'worst investment' Australian Financial Review Oct 17 2016 12:01 AM Jacob Greber   Property looks set to become the "worst investment" over coming decades...

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BFCSA Regulators happy with Lending Standards? Oh Really? What diatribe we...

Investor mortgage interest rate gap narrows Sydney Morning HeraldOCT. 16 2016 - 8:00PM Clancy Yeates   Banks are being forced to cut the interest rate premium they are charging new property investors,...

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BFCSA: Poverty In Australia: 731,300 children living in poverty. Tell The...

A 'national shame': Acoss report reveals worsening poverty in Australia Guardian AustraliaSunday 16 October 2016 Gareth Hutchens   Australia has failed to reduce its level of overall poverty in the...

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BFCSA: Australian Bankers in for a Meltdown as Regulators again say "No...

How many lies can one Banker tell to Parliament in one sitting?  a)  as many as it takes to cover up the truth. BFCSA now has all the pieces of the jigsaw.  The pieces relating to fraud, forgery, lying...

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BFCSA: FOS is a Law unto itself and judges its own decisions. No fairness...

Did FOS breach the Wednesbury law? Dear Senator Brandis, The following is a decision arrived at by FOS, verbatim: 'Both (Mr and Mrs C) well knew in accepting that advice that 60% of the investment...

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BFCSA: Farmers angry at Murray Goulburn...........same as Banks using debt to...

MG used debt to boost profits, class action claims The Australian 12:00am October 21, 2016 Ben Butler, Daniel Palmer   Embattled dairy group Murray Goulburn overstated its profit by about $150 million...

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BFCSA: Abbott government misled the public on advertising, dodgy Education...

Abbott government misled the public on advertising, may have breached the law: auditor   Sydney Morning Herald OCT. 20 2016 - 9:36AM Matthew Knott   The Abbott government misled the public in a $10...

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BFCSA: 200,000 jobs at risk as housing boom rolls over, Morgan Stanley...

200,000 jobs at risk as housing boom rolls over, Morgan Stanley research shows ABC News 20 Oct. 2016 Stephen Letts   A slowdown in the housing industry and a glut in high rise apartments is putting...

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BFCSA: APRA says fewer home loans a 'good thing' - Wayne Byers

APRA says fewer home loans a 'good thing' Australian Financial Review Oct 20 2016 4:45 PM Joanna Mather   The prudential regulator says tighter lending standards have been successful in slowing loans...

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BFCSA: Hidden Bank Agendas - scary as Westpac says RBA-issued digital...

Westpac says RBA-issued digital currency would boost blockchain Australian Financial Review Oct 21 2016 12:15 AM James Eyers   Westpac Banking Corp, National Australia Bank, Macquarie Group and nine...

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