Clik here to view.
BFCSA: APRA to act tough with Banks?? "Flogging the industry with a wet leaf."
APRA demands more details on mortgage borrower income Australian Financial Review Oct 25 2016 1:12 AM Duncan Hughes, Jonathan Shapiro APRA is proposing to force residential mortgage lenders to...
View ArticleClik here to view.
BFCSA 21st NOVEMBER - Members and supporters will be travelling to Canberra -...
BFCSA 21st NOVEMBER - Members and supporters will be travelling to Canberra - Royal Commission into Banks We will join Debbie Barker's push for Royal Commission into Banks. I will stay three days to...
View ArticleClik here to view.
BFCSA: Joe Hockey enjoying the Age of Entitlement charges us for the babysitter
Age of entitlement isn’t over for Ho Ho Ho Joe Hockey who bills taxpayers for babysitters Caroline Overington 26 October 2016...
View ArticleClik here to view.
BFCSA: Munchenberg’s last stand? Big Banks have their own poll - people don't...
Sounds like Munchenberg’s last stand? The big banks have their own poll which says most people don't want a royal commission By Chris Pash | Business Insider – Fri, Oct 14, 2016...
View ArticleClik here to view.
BFCSA: ANZ CEO Shayne Elliott admitted Bank "poor behaviour and conduct."
Regulators are like putty in bank hands! If answers to simple questioning re lack of good governance that CEO's do not answer, obviously more forensic questioning from experienced QC's is required to...
View ArticleClik here to view.
BFCSA: Minister Kelly O'Dwyer's dumb Code for Financial Advice. Consumers...
The code does not cover 70% of policyholders! Riddled with loopholes! Not enforceable by ASIC but by FSC members? Captured by Malcolm...This lunacy welcomed by Minister Kelly O’Dwyer?...
View ArticleClik here to view.
BFCSA: PM Malcolm & Michaelia cuddling up to One Nation and offering access...
ABCC - Should be renamed Australian Banking Corruption Commission (Mike Carlton Tweet) We have so many urgent things needing debate in Parliament but Mad Malcolm is only focused on Union Bashing....
View ArticleBFCSA: Dangerous Mortgage Products Engineered by Major Banks must be banned!
Consider first, all the words that have been written in Parliament the past few years to cause Labor to agree we desperately need a ROYAL COMMISSION into the Banking System. Have a good look before...
View ArticleClik here to view.
BFCSA: Turnbull's JOBS and GROWTH thought bubble: Underemployment phenomenon...
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...
View ArticleClik here to view.
BFCSA: PM Turnbull and Treasurer Morrison cover up the real cause of housing...
Turnbull government vows to address housing affordability Australian Financial Review Oct 24 2016 12:41 AM Laura Tingle Treasurer Scott Morrison says property investors are not to blame for...
View ArticleClik here to view.
BFCSA Members will be joining the Rally against Bad Bankers at Parliament...
BFCSA Members will be joining the Rally at Parliament House on the 21st November. HIGH NOON. Not everyone mired in debt and toxic mortgages can afford to be there, but will take to social media in...
View ArticleClik here to view.
BFCSA: Money for nothing: ASIC report finds the big four and AMP are banks...
Money for nothing: ASIC report finds the big four and AMP are banks behaving badly The numbers are simply staggering. Almost 200,000 customers have been systemically rorted of an estimated $178 million...
View ArticleClik here to view.
BFCSA: BANK PROFITS $ 40 billion vs CONSUMER LOSSES $300 billion. Consumers...
From Denise L Brailey It takes courage to speak out................. BANK PROFITS vs CONSUMER LOSSES Banks and FOS write: "These ($500k) loans are appropriate for 60 year olds................."...
View ArticleClik here to view.
BFCSA: ANZ earnings take a $360 million hit from new charges
ANZ earnings take a $360 million hit from new charges Sydney Morning Herald OCT. 28 2016 - 9:37AM Clancy Yeates ANZ Bank's bottom line will take a $360 million hit in the second half after the lender...
View ArticleClik here to view.
BFCSA: CBA faces investor revolt over executive pay. Shareholders urged to...
Narev's pay-packet of $12.3 million under the spotlight. Bankers profiting from Mortgage Fraud? CBA faces investor revolt over executive pay The Australian 12:00am October 29, 2016 Michael...
View ArticleClik here to view.
BFCSA: Westpac Thieves admit risky lending 1% deposit scams. Westpac will...
Westpac will stop lending to borrowers with less than 5% down 28 October 2016 Michael Mata...
View ArticleClik here to view.
BFCSA: NAB wants to reduce risk for consumers! NAB cracks down on its own...
To reduce risk for who? Enough to make you crack up! NAB cracks down on property lending to 'reduce risk' Australian Financial Review Oct 21 2016 9:30 PM Duncan Hughes...
View ArticleClik here to view.
BFCSA: How ANZ taught Brokers to sell Toxic Mortgages to Centrelink...
ANZ Broker Distribution Your guide to ANZ Policy 02.10 Self-employed Evidence is required in the form of copies of personal and all associated company/trust/partnership tax returns for most recent 1...
View ArticleClik here to view.
BFCSA: No Mr Hartzer CEO of Worstpac: unsustainable $500k loans to 60 years...
THE DOWNER SAGA CONTINUES The irony is Kaye Downer that its has taken three letters since January and the case being raised in Parliament with direct questions to Mr Hartzer for him to finally send a...
View ArticleClik here to view.
BFCSA: Advice re EVICTIONS. Your enemy is the Bank! Sheriff and Police just...
My advice re EVICTIONS. There have been some very sad stories. People want to fight the Banks and yet will lose even more once Judgement is granted to Banks and they stay in their homes the night...
View Article