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BFCSA: APRA cites HIGH RISK Australian Finance Sector (Banks and Insurers) as...

APRA cites group life/risk as ‘boiled frog’   14 November 2016by Mike Taylor http://www.moneymanagement.com.au/news/policy-regulations/apra-cites-group-liferisk-%E2%80%98boiled-frog%E2%80%99   The...

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BFCSA: Turnbull government ditches plans for new banking tribunal (classic...

Turnbull government ditches plans for new banking tribunal   Tom McIlroy, Fergus Hunter, Georgia Wilkins   6th December, 2016 A Coalition backbench plan for a new banking tribunal appears to have been...

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BFCSA: Banks selling Bad Products in VOLUME more important than Customer...

Workers at some of Australia's biggest banks have accused the industry of having an aggressive sales culture which rewards bad behaviour and can have devastating consequences for consumers. Meanwhile,...

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BFCSA wants FOS System DEMOLISHED: Ian Ramsay review loves FOS and finds no...

Ian Ramsay review finds no need for a new bank tribunal Australian Financial Review Dec 6 2016 5:57 PM Joanna Mather   Prime Minister Malcolm Turnbull's plans for a bank victims tribunal have been...

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BFCSA: One hundred years after hanging HORSE THIEVES - what do we do with...

One hundred years ago we strung up horse thieves the same day as the offence. Now we are "civilised" what do we do with "HOUSE THIEVES known as BANKERS?"   The problem that exists between the smaller...

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BFCSA: CBA finds itself innocent of all crimes! PM spent the month navel gazing.

CBA finds itself innocent of all crimes By Houses and Holes in Australian banks at 1:49 pm on December 7, 2016 | 14 comments http://www.macrobusiness.com.au/2016/12/cba-finds-innocent-crimes/   Bloody...

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BFCSA: Rod Culleton high court hearing interrupted by jeering One Nation member

Rod Culleton high court hearing interrupted by jeering One Nation member Party member John Wilson calls out that the court is a ‘star chamber’ as Culleton’s request for an amendment is turned down 7...

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BFCSA: Treasury won't divulge advice it gave Joe Hockey over talks relating...

They should give Brandis a posting to Siberia...  Treasury won't divulge advice it gave Joe Hockey over talks relating to Bell Group Officials decline to say whether they had concerns about discussions...

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BFCSA: When Banks Decide To Pull The Plug

Consumers and small business haven’t got a leg to stand on!  To be a successful banker ‘you must have NO conscience’...  When Banks Decide To Pull The Plug By Dr Evan Jones - Sydney University Canberra...

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BFCSA: Senate inquiry to discuss white collar crime - Cover-up culture...

As usual it’s all about shareholders...ASIC senior executive leader Chris Savundra defended the agency's record in catching corporate crooks..."When we pursue entities, it is ultimately shareholders...

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BFCSA: Lock white collar crims up, says ASIC

Lock white collar crims up, says ASIC Kaitlyn Offer - AAP on December 6, 2016   https://au.news.yahoo.com/vic/a/33421091/senate-inquiry-to-probe-white-collar-crime/#page1 Financial crime has a...

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BFCSA: Corporate watchdog now on the sniff for Rodney Culleton too - Michael...

The plot thickens..he’s said to have $34million?  Does Rodney know too much and being made a scapegoat for Landmark Scandal - massive and involved more than just ANZ....   Corporate watchdog now on the...

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BFCSA: NAB's former star Graeme Cowper's demise now complete

NAB's former star Graeme Cowper's demise now complete   7 December 2016 Adele Ferguson...

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BFCSA: BMW Finance to pay at least $77 million to customers it duped into...

Unbelievable....15,000 customers being compensated for being sold a Beamer they couldn’t afford yet nothing for bank mortgage victims...you should write a big slam dunk over this and slam dunk ASIC big...

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BFCSA: Jeff Kennett slams Do-nothing Malcolm for doing nothing on Bad to the...

Kennett slams Do-nothing Malcolm for doing nothing on banks   By Houses and Holes in Australian banks at 12:10 am on December 8, 2016 | 6 comments...

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BFCSA: Deterioration in Trust of Bankers: Mum and dad investors shift $45...

 Mum and dad investors shift $45 million from banks into P2P loans Sydney Morning Herald DEC. 7 2016 - 12:24PM Clancy Yeates   Thousands of retail investors are pumping cash into peer-to-peer lending,...

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BFCSA: Commonwealth Bank’s CommInsure arm hits back over insurance allegations

Commonwealth Bank’s CommInsure arm hits back over insurance allegations The Australian 12:41pm December 7, 2016 Michael Roddan   Commonwealth Bank of Australia’s under-pressure life insurance arm...

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BFCSA: Tax Office not 'leaned on' to drop Bell action

Tax Office not 'leaned on' to drop Bell action Australian Financial ReviewDec 7 2016 9:40 PM Laura Tingle   Tax Office officials say they were not pressured to drop or alter a High Court challenge to...

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BFCSA: Australian economy shrinks 0.5pc in September quarter, worst fall...

Australian economy shrinks 0.5pc in September quarter, worst fall since global financial crisis ABC News7 Dec. 2016 3:43pm Michael Janda   Australia's economy shrank 0.5 per cent in the September...

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BFCSA: Fed Treasurer Scott Morrison set to plead Asia bank case in mission to...

Scott Morrison set to plead Asia bank case in mission to Beijing The Australian 12:00am December 8, 2016 Dennis Shanahan   Scott Morrison is prepared to fly to Beijing to intervene on Australia’s...

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