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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA 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,...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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...
View ArticleBFCSA: 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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