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BFCSA: ASIC rejects NAB’s defence over rigging claims of BBSW

ASIC rejects NAB’s defence over rigging claims of BBSW The Australian 5:39pm December 7, 2016 Ben Butler   The corporate regulator has rejected NAB’s defence to a Federal Court lawsuit in which the...

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BFCSA: ASIC needs to Recognise what are the similarities between Wells Fargo...

ASIC needs to Recognise what are the similarities between Wells Fargo and Bad Australian Banks and expose their crimes rather than keeping mum about it   A Brief History of Wells' Fargo Wicked Sales...

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BFCSA: Bank Propaganda in full swing: Bank balance sheets stronger, can...

Bank balance sheets stronger, can withstand shocks: Moody’s The Australian 5:12pm December 8, 2016 Daniel Palmer   Australia’s big banks have strengthened their balance sheets enough to counter any...

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BFCSA: Lenders slash property loans by up to 155 basis points

Lenders slash property loans by up to 155 basis points Australian Financial Review Dec 9 2016 5:00 AM Duncan Hughes   Lenders are slashing borrowing costs by up to 155 basis points for some property...

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BFCSA: ASIC Chief Medcraft and Australian Banks face off over BBSW trial format

ASIC, banks face off over BBSW trial format Australian Financial Review Dec 8 2016 5:08 PM Jonathan Shapiro   The legal teams of three of Australia's biggest banks will appear in the Federal Court in...

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BFCSA: Former Bank boss David Murray warns of disastrous Australian property...

Former bank boss David Murray warns of disastrous property crash   8 December 2016 Jason Stiles http://thenewdaily.com.au/money/property/2016/12/08/david-murray-bubble/   Australia’s property market...

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BFCSA: Australia heading into Recession - Fears of Property Market Crash

What workers lost to bankers, landlords and big business 7 December 2016   http://thenewdaily.com.au/money/finance-news/2016/12/07/gdp-december-quarter/  The top end of town has swallowed up more of...

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BFCSA: Australian Banks an endangered species due to FRAUD - GDP result one...

Australia’s latest GDP result one of the worst since the financial crisis 8 December 2016...

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BFCSA: Major banks consider raising variable interest rates leading up to...

Major banks consider raising variable interest rates leading up to Christmas and New Year   EDWARD BOYD, The Daily Telegraph December 9, 2016 12:00am...

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BFCSA: ASIC till covering up LENDER APPROVALS of 2 million UNAFFORDABLE LOANS

ASIC still prosecuting sellers of bank fraudulent products.....NOT THE LENDERS re loan document fraud and the crucial oversight of documents and the APPROVAL of   2 million unaffordable mortgage loans!...

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BFCSA: High Court reserves decision on One Nation senator Rod Culleton's case

High Court reserves decision on One Nation senator Rod Culleton's case By political reporter Matthew Doran and High Court reporter Elizabeth Byrne Updated Thu at 12:08amThu 8 Dec 2016, 12:08am...

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BFCSA: Homeless swamp Melbourne in at least 30 homeless camps; whilst...

If they don’t get the balance right we’re stuffed!     Ponzi population swamps Melbourne with homeless   By Unconventional Economist in Australian Economy at 10:48 am on December 9, 2016 | 97 comments...

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BFCSA: Do-nothing Malcolm has reached the point of no return - Michelle Grattan

Do-nothing Malcolm has reached the point of no return By Unconventional Economist in Australian Politics at 1:50 pm on December 9, 2016 | 45 comments Cross-posted from The Conversation:...

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BFCSA: Property Bubbles and Ponzi Financing. Our Bubble is different??? Huh?

This time is certainly different, a property ponzi AND a massive land grab AND cities of ivory towers AND building the tower of babel...Malcolm might have to eat humble pie and ask Tony Abbott if he...

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BFCSA: ANZ, Westpac, NAB rate rigging trial date set

ANZ, Westpac, NAB rate rigging trial date set Australian Financial Review Dec 9 2016 3:19 PM Patrick Durkin   The corporate regulator's landmark case against the banks for alleged rigging of the bank...

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BFCSA: Westpac tells regulators that new bank rules will come at a cost

Westpac tells regulators that new bank rules will come at a cost The Australian 12:00am December 10, 2016 Michael Bennet   Westpac chairman Lindsay Maxsted has urged the regulator to be wary of the...

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BFCSA: Fitch lowers banks’ outlook from stable to negative

Fitch lowers banks’ outlook from stable to negative The Australian 12:00am December 10, 2016 Scott Murdoch   Australian banks have been warned that consumers are becoming increasingly sensitive to...

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BFCSA: Victims of TRIO PONZI SCHEME still wait for ASIC to move a muscle and...

VOFF people - VICTIMS of TRIO PONZI SCHEME STILL WAITING FOR ASIC TO MOVE A MUSCLE ND OPEN FILES AS PROMISED http://www.moneymanagement.com.au/news/financial-planning/asictrio-dealings-should-be-public...

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BFCSA: Prime Minister Malcolm Turnbull has run out of Political Capital

Turnbull is playing a losing game with conservatives   Michelle Gratin Turnbull is letting the right inside and outside the Coalition progressively tighten their grip on him. He's become, or maybe...

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BFCSA: Goldman Sachs hasn't been this bullish on Australian stocks in over a...

So who do you believe?   S & P or Goldman Sachs?  The cycle is turning according to Mr. Goldman gearing up to fill his Santa Sachs....it’s called ‘in the know’ ...     Goldman Sachs hasn't been...

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