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BFCSA: Interest-only loans a "debt trap." APRA Policies not being applied on...
Interest-only loans would lead to "debt trap" http://www.brokernews.com.au/news/breaking-news/interestonly-loans-could-lead-to-debt-trap-226007.aspx On average, only 43% of households with...
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BFCSA: ANZ Shayne Elliott says: "banks that have lent high LVRs could "end up...
ANZ shrinks to reduce growing risks Australian Financial Review Nov 4 2016 12:09 AM James Eyers ANZ Banking Group has shed 3600 jobs and chief executive Shayne Elliott is more cautious on mortgage...
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BFCSA: Australian Bank regulator APRA slams Major Banks' lending standards....
APRA likely to ‘tighten the screws’ further 2 November 2016 http://www.mortgagebusiness.com.au/breaking-news/10450-apra-likely-to-tighten-the-screws-further A senior economist has predicted that...
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BFCSA: UK Bad Bank Barclays and toxic lending: Globe is riddled with TOXIC...
How much worse can it get? PRISONERS IN THEIR OWN HOMES - Thousands hit by 1980s 'shared appreciation' deals which leave elderly unable to sell off their homes and children hit with bills By Daniel...
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BFCSA: Shoebox Apartments disgraceful bloated price $506,000 for 50 sqm...
What Melbourne and Hong Kong have in common: shoe box apartments By Unconventional Economist in Australian Property, Global Housing at 12:40 pm on November 4, 2016 | 27 comments By Leith van Onselen...
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BFCSA: Employment declining: RBA says JOB market not healthy. Young people...
RBA says labour market not as healthy as it looks Australian Financial ReviewNov 4 2016 4:24 PM Jonathan Shapiro Australia's labour market is not as healthy as it seems. That's the conclusion of the...
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BFCSA: Mortgage stress rising in regional areas: Genworth
Mortgage stress rising in regional areas: Genworth The Australian 12:00am November 5, 2016 Michael Bennet Genworth Mortgage Insurance Australia yesterday did little to boost sagging sentiment on the...
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BFCSA: Misinformation and spin from the Reserve Bank of Australia RBA as always
One key new argument the RBA advances about why not to worry about the current situation in Sydney and Melbourne is that most of the new investment is in new housing stock, especially apartments. "Much...
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BFCSA: Why would we trust S & P???? More spin: Standard & Poor's slaps RBA in...
Standard & Poor's slaps RBA in face Australian Financial Review Nov 4 2016 4:46 PM Christopher Joye Standard & Poor's downgrade of the credit outlook for every Australian bank and non-bank on...
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BFCSA: Bob Day may have committed a federal offence by shifting money between...
The buck stops with Family First’s Bob Day, says liquidator The Australian 12:00am November 5, 2016 Rebecca Puddy Bob Day may have committed a federal offence by shifting money between his different...
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BFCSA: Guy Fawkes night in the UK. The Rally to Parliament 21 Nov please...
BRN and BFCSA have joined forces to lobby against Big Banks who engineered $300 billion worth of toxic lending products. Over 2 million families are affected by DEBT right now: Australia holds the...
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BFCSA: After bank is accused of destroying small UK firms...Royal Bank of...
No evidence of systemic wrongdoing? Pigs can fly... After bank is accused of destroying small firms...Royal Bank of Scotland now faces huge payouts to its victims By James Burton 29 October 2016...
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BFCSA: 2007 ANZ announces A$710 million RMBS - Lo Doc Loans comprise 56% and...
ANZ Media Release For release: 13 February 2007 http://www.anz.com/aus/Corporate/About_Us/PDF/A710million_RMBS.pdf ANZ announces A$710 million RMBS ANZ announces FirstMac Mortgage Funding Trust...
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BFCSA: CBA facing investor backlash on executive pay. Series of Scandals and...
CBA facing investor backlash on executive pay Sydney Morning Herald NOV. 7 2016 - 12:15AM Clancy Yeates Commonwealth Bank is staring down the barrel of a hefty shareholder vote against the pay...
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BFCSA: Westpac reliant on the health of the economy that Banks have TRASHED...
Westpac calls for more government spending on transport Australian Financial Review Nov 7 2016 4:36 PM James Eyers Reasons consumers are not spending Mr Hartzer is because you Sir, are one of the...
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BFCSA: Another BIG PM Malcolm thought Bubble: Permit the banks to own ASIC!!!!!
How ASIC our Corp Regulator - will now be controlled by Banks. ASIC has always been a BIG cash cow for Government. The ASIC database BROUGHT IN approx $800 million pa in fees from database for...
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BFCSA: One Nation's Pauline Hanson throws fellow Senator Rod Culleton under a...
One Nation's Pauline Hanson abandons fellow Senator Rod Culleton Australian Financial Review Nov 7 2016 11:40 PM Primrose Riordan The split between One Nation leader Pauline Hanson and West Australia...
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BFCSA: Commonwealth Bank of Australia dreams of an infinite Ponzi Financing...
CBA dreams of an infinite ponzi By Houses and Holes in Australian banks, Australian Property at 12:18 am on November 8, 2016 | 23 comments...
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BFCSA: ANZ bank chief Mike Smith paid $9.7 MILLION for just three months'...
Wonder what criminal evidence he was paid to bury in the garden? Trust and Confidence in the banking system has been trashed. ANZ bank chief Mike Smith paid $9.7 MILLION for just three months'...
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BFCSA: PM Malcolm Turnbull twerking around Parliament with his favourite...
You need a closer look at the murky world of Banking and the Coalition Extreme Right Wing. Its not a good look and not in our Nation's best interest. Malcolm has no idea that placing the same old worn...
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