BFCSA: Robots needing a credit licence? Automated Approvals..............and...
Here we go.......does a robot need a credit licence? Technology’s role in the evolution of credit advice 29 March 2016...
View ArticleBFCSA: Refinancing buffer loans keeping the debt ticking over for Aussie
Refinancing outpaces property purchases for Aussie April 05, 2016 http://www.theadviser.com.au/breaking-news/34203-refinancing-outpaces-property-purchases-for-aussie Aussie Home Loans has seen...
View ArticleBFCSA: ANZ announces lending changes: watch all the terms and cons being changed
Owner-occupier home loans will require a full Credit Critical (CC) application once the total interest only term reaches five years (since the last full Credit Critical application)??? ANZ announces...
View ArticleBFCSA: Murray voices concerns over ASIC's 'culture' focus: Pot calling the...
Murray failed to criticise and explain the culture during the FSI. Must be getting nervous! Why now I wonder? Murray voices concerns over ASIC's 'culture' focus Friday, 28 August 2015...
View ArticleBFCSA: APRA admits 2007 property boom banking problems repeated
APRA admits 2007 property boom banking problems repeated The World Today By AM business editor Peter Ryan Updated about 4 hours agoTue 5 Apr 2016, 5:10pm...
View ArticleBFCSA: APRA 2010 Regulator warns Australia's finance industry on cloud risks
Regulator warns Australia's finance industry on cloud risks November 16 2010 http://www.itnews.com.au/news/regulator-warns-australias-finance-industry-on-cloud-risks-238817 APRA's cloud computing fears...
View ArticleBFCSA: APRA's warnings portend serious problems in the Australian Banking system
APRA's warnings portend serious problems in the banking system Analysis By Stephen Long Posted about 4 hours agoTue 5 Apr 2016, 4:49pm...
View ArticleBFCSA: Bank Wars: ex Bank Chief calls ASIC Adolf Hitler, ASIC has been...
David Murray is not a glass is half-full guy when it comes to ASIC's plan to nail companies for "culture breach" and the banking sector's use of "risk weights", i.e. models that allow banks to assume...
View ArticleBFCSA: Growing calls for a royal commission into the Commonwealth Bank: No...
There are growing calls for a royal commission into the Commonwealth Bank life insurance scandal. 8 Mar 2016...
View ArticleBFCSA: Austalian Govt needs to crackdown on Banks using internal models to...
Higher bank capital will mean higher rates Richard Gluyas The Australian April 5, 2016...
View ArticleBFCSA: Mike Smith 2014 former ANZ CEO is a lover of social media. So are...
First in best dressed.......... Why I’m a social media believer Former Chief Executive Officer, ANZ 15 April 2014 https://bluenotes.anz.com/posts/2014/04/why-im-a-social-media-believer/ I joined...
View ArticleBFCSA: Banks continued to ramp up Mortgage Lending Feb 2016
Analysts sceptical of housing credit numbers http://www.morgij.com.au/analysts-sceptical-of-housing-credit-numbers/ This article was originally posted by Elizabeth Fry on AB+F, 5/2/2016. Months...
View ArticleBFCSA: Angry Consumers' to Ex Banker DAVID MURRAY: "We Do Not Trust You and...
From a Member on Facebook re DAVID MURRAY Well let's face it when his bullshit buddy Mr Hockey (remember him) the bloke who promised a 'vote for me and my party' will get you a "Root and Branch...
View ArticleBFCSA: CFMEU calls for royal commission into Big Bad Australian Banks
CFMEU calls for royal commission into big banks https://www.cfmeu.org.au/news/cfmeu-calls-royal-commission-big-banks The CFMEU is today calling for a royal commission into Australia's big banks,...
View ArticleBFCSA: AR Insurance Group collapses as insurers go unpaid
AR group collapses as insurers go unpaid 4 April 2016 http://www.insurancenews.com.au/corporate/ar-group-collapses-as-insurers-go-unpaid Perth-based authorised representative (AR) group Winley...
View ArticleBFCSA: Prime Minister rules out Royal Commission into banks - just dropped...
I just watched Lateline - The Business on ABC. Malcolm Turnbull spoke at a function re Westpac’s 199th birthday. He was critical of the banks but ruled out a Royal Commission. Headmaster Malcolm...
View ArticleBFCSA: Kenneth Drake, Tassie Adviser Jailed. ANZ to reimburse $1 million fraud
Hobart financial adviser Kenneth David Drake behind bars over $940,000-plus fraud April 5, 2016 2:46pm DAVID KILLICKMercury The Supreme Court building in Hobart. A FORMER ANZ Bank financial adviser...
View ArticleBFCSA: Banks and ASIC Medcraft conspired to stall to get past statute of...
It’ all about stalling to run out date statute limits as we suspected......some interesting short video links in this.... ASIC and Westpac face off over rate rigging April 6 2016 Clancy Yeates and...
View ArticleBFCSA: Bank Wars - ASIC’s high-stakes battle with the banks
ASIC’s high-stakes battle with the banks April 6, 2016 10:06am...
View ArticleBFCSA on Australian Banks: Westpac pulled into ASIC rate-rigging case
Westpac pulled into ASIC rate-rigging case Australian Financial Review Apr 6 2016 12:29 AM Patrick Durkin Westpac Banking Corp generated millions in profits manipulating a key market interest rate...
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