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BFCSA: Robo Finanical Advice no match for human advice: IOOF
Beware of Bad Lenders that approve bad loans. They teach an army of sellers the best way to sell the Lender engineered bad products via tricky bad advice. Now we have ROBO BAD ADVICE. Oh save us...
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BFCSA: Bad to the Bone Australian Banks conned two million families re Cost...
Bad to the Bone Australian Banks conned two million families re Cost of Living fake figures FROM 2012 In our view, living at the poverty index would be unsuitable for mortgage borrowers, and the banks’...
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BFCSA: Paying for ghost flights by VIP planes means explosion of complaints...
What happens when brainless idiots rely on equally brainless robots Tax Office faces explosion of complaints amid thousands of job cuts 30 December 2016 Tom McKilroy...
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BFCSA: CBA and Wells Fargo combine blockchain and IoT to revolutionise trade...
Something fishy here ...CBA and ANZ pilots with Well Fargo? CBA and Wells Fargo combine blockchain and IoT to revolutionise trade finance 24 October 2016...
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BFCSA: China’s ‘Godfather of Real Estate’ Pitches Reverse Mortgages to...
It’s a world-wide virus called the house for pension plan! In 2003 Beijing approved the same pilot program a certain ex PM did here stating ‘a world first’ aided by the current PM who chaired the...
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BFCSA: Australian housing bubble meets rampant oversupply.
Australian housing bubble meets rampant oversupply. 30 December 2016 Wolf Richter http://wolfstreet.com/2016/12/30/warning-for-property-investors-in-australia-house-price-bubble/ Roger Montgomery,...
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BFCSA: Sub Prime Bankers dangerous loan products, disregard for mortgage...
.......in 2006, subprime refinance loans accounted for a majority (56%) of all subprime loans originated. .......lax underwriting practices, dangerous loan products, and a disregard for affordability...
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BFCSA: Lack of Banking Royal Commission = Huge split in Liberal Party
For what it’s worth...... Tony Abbott warns of 'catastrophic' Liberal party split 30 December 2016...
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BFCSA: ASIC blasted for “character assassination” - prosecuting the sellers...
ASIC blasted for “character assassination” by Miklos Bolza 16 Dec 2016 http://www.brokernews.com.au/news/breaking-news/asic-blasted-for-character-assassination-228753.aspx ASIC and its...
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BFCSA: TOXIC Lending plans by Bankers ready for 2017
In Australia that just can’t happen? Is he serious? The game plays on by Bankers who love sub prime looting. Australian lenders not afraid of subprime mortgages by Julia Corderoy 28 Aug 2014...
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BFCSA: Melbourne homelessness spilling out onto the streets. Housing...
But there is also an increasing amount of people who could be leading normal lives, homeless agencies say, but simply do not have enough money to afford a place to live. What we need to remember...
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BFCSA: Should Australian whistleblowers earn multimillion-dollar bounties?...
Should Australian whistleblowers earn multimillion-dollar bounties as in the USA? Nick McKenzie · Richard Baker · Nick McKenzie 30 December 2016...
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BFCSA: Another listed law firm going down the gurgler...? Shine Corp - same...
Another listed law firm going down the gurgler... Listed law firm Shine Corporate loses CEO Courtney Petersen after only 5 months Sarah Danckert 30 December 2016...
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BFCSA: Senator Doug Cameron lashes out at Turnbull relying on a “robot” to...
Centrelink debt notices based on 'idiotic' faith in big data, IT expert says 30 December 2016 Lawyers, privacy advocates and data experts join calls for Centrelink’s data-matching system to be...
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BFCSA: The commonwealth ombudsman has been asked to investigate wrong doing -...
A certain Ombudsman would know all about the perils of automated compliance systems and outsourcing debt... One would think he would put up his hand and put a stop to it having been in the know since...
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BFCSA: George Soros on why open society needs defending - read between the lines
George Soros on why open society needs defending Australian Financial Review Jan 2 2017 6:23 AM George Soros Well before Donald Trump was elected President of the United States, I sent a holiday...
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BFCSA: CBA "Security" a big LAF! Hello Sunshine! Commonwealth bank doors left...
Commonwealth bank doors left unlocked on New Year’s Day Sophie Smith, Herald Sun January 2, 2017...
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BFCSA: Digital Transformation Agency spent $18 million in 18 months on...
Digital Transformation Agency spent $18 million in 18 months on temporary workers Canberra Times JAN. 3 2017 - 12:15AM Noel Towell Prime Minister Malcolm Turnbull's pet public service project, the...
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BFCSA: Banks in $US18.5 billion retreat from Asia
Banks in $US18.5 billion retreat from Asia Sydney Morning Herald JAN. 3 2017 - 7:54AM Clancy Yeates Australian banks have cut their lending to key Asian economies by $US18.5 billion in the past two...
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BFCSA: Nitwit ASIC chairman Greg Medcraft still backs ASIC registry sale
ASIC chairman Greg Medcraft still backs ASIC registry sale Australian Financial Review Jan 2 2017 4:28 PM James Thomson Australian Securities and Investment Commission chairman Greg Medcraft still...
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