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BFCSA: APRA warns banks to review mortgages for MEGA dodgy details
APRA AT LAST....Having a BIG BO PEEP!!!! Wonder if they will find the trust as BFCSA Members have or whether they will parrot ASIC and follow the lie-line: "no evidence to suggest?" APRA warns...
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BFCSA: Banks’ mortgage price war will hurt dividends: JPMorgan
Banks’ mortgage price war will hurt dividends: JPMorgan The Australian 12:00am October 20, 2016 Michael Bennet The big banks must rely less on deep discounting of mortgages and instead target...
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BFCSA: Bankers six months behind schedule with Customer Care. Try 15 years...
The Australian banks' plan to restore public trust and improve customer outcomes has already slipped behind schedule after just six months of operation. FYI...
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BFCSA: Captured APRA caught pants-down on mortgage fraud
Captured APRA caught pants-down on mortgage fraud By Unconventional Economist in Australian banks, Australian Property at 10:38 am on October 21, 2016 | 48 comments By Leith van Onselen “Only when...
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BFCSA: NAB Bank's Nouveau Homeless on risking lending. Nervous Shareholders....
What are the regulatory nincompoops at ASIC and APRA doing for consumers? ZILCH Bank Shareholders must be panicking: “Dear Nabber Chiefs: you told us you had not been engaging in risky Low Doc low...
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BFCSA: Penalties too weak to discourage bankers' bad behaviour, ASIC boss...
Penalties too weak to discourage bankers' bad behaviour, ASIC boss Greg Medcraft says For once we may agree on a point or two: Cartel behaviour by Banks should attract mandatory 25 years, non parole...
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BFCSA: Lets hope Mr Brokenshire gets Bob Day's Senate position
Bob Day stalls on resignation amid clash to replace him Australian Financial Review Oct 21 2016 10:10 PM Phillip Coorey South Australian Family First Senator Bob Day is dragging out his resignation...
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BFCSA: Australian Banking Industry in deep doo-doo thanks to BAD Bankers and...
In the past the banks delivered healthy profits and security. There was scant competition in a largely protected market place. Money was rationed. But in 1983 all that started to change. The Federal...
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BFCSA: Bank trust initiatives falling behind. Munchenberg Jumps ABA Ship....
Bank trust initiatives falling behind The Australian 2:08pm October 21, 2016 Michael Bennet The banking industry’s review of product sales commissions is at risk of falling behind schedule, while...
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BFCSA: ASIC is the Govt Cash Cow - Sheepish stewards of ASIC data sale face a...
Sheepish stewards of ASIC sale face a sceptical Senate michaelwest.com.au October 22, 2016 Michael West The stupendous profitability of the corporate watchdog’s database, which the government is...
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BFCSA: ASIC’s Greg Medcraft lobbies US for debt relief. How serious is our DEBT?
How serious is our debt, Mr Medcraft....should we be panicking? ASIC’s Greg Medcraft lobbies US for debt relief 9 June 2015...
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BFCSA: ASIC chief Greg Medcraft: The Big Banks are having us on re tracker...
ASIC chief Greg Medcraft: The banks are having us on re tracker mortgages 19 October 2016...
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BFCSA: Elites have created Half-Jobs and No Growth - Underemployment...
Underemployment phenomenon emerges with rise of part-time workforce ABC News 24 Oct. 2016 Ian Verrender Business editor Jobs and growth. Such a simple mantra. And yet a promise so difficult to...
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BFCSA: Morrison hollow promises re housing affordability as we slip into...
Forces that have been causing massive bubble in the property market are the ELITES of the BANKING SECTOR and why there must be a Royal Commission into Banking. Treasurer Morrison now trying to blame...
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BFCSA: Home Ownership in freefall whilst Homelessness on the increase -...
The proportion of home ownership has fallen from 71 per cent to 67 per cent over the past 20 years, he says, accompanied by a steady increase in housing prices, and in housing prices relative to...
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BFCSA: Dividends in focus as banks to report profits of $30 billion
Dividends in focus as banks to report profits of $30 billion Australian Financial Review Oct 24 2016 12:30 AM James Eyers National Australia Bank will be under pressure when it reports its full-year...
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BFCSA: Pauline Hanson has finally shown her hand. She wants to attack Bill...
How stupid can Pauline Hanson be? A bob each way? One Nation to vote for ABCC bill and more snoodling up to Malcolm T. Pauline Hanson has finally shown her hand. She wants to attack Bill Shorten...
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BFCSA: ASIC not happy with interest-only lending standards! Really? Must be...
ASIC not happy with interest-only lending standards Really? Must have been Regulatory Waking Up Time 2015! Dear Mr Medcraft, you have caused two million Australians to be handcuffed by Bankers into 30...
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BFCSA: Pauline Hanson’s snoodling with the PM over the Parliamentary...
Pauline Hanson’s snoodling with Malcolm over the Parliamentary Commission will not solve anything for the two million victims of Mortgage Fraud, or those suffering $100 billion losses in the bank...
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BFCSA: Bill Shorten enlists crossbench in banking royal commission fight
Bill Shorten enlists crossbench in banking royal commission fight Bill Shorten has launched a new charm offensive with the crossbenchers in a bid to keep the pressure on Prime Minister Malcolm Turnbull...
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