ASIC Are Winning At Losing
ASIC are winning at losing again. They lost their court case against Westpac where they alleged that Westpac breached responsible lending laws in approving 262,000 loans, you can read the article here. ASIC are winning at losing seems to be a common theme when it comes to the banking industry. This case is very important because […]
US Recession Around the Corner
If you’ve paid any attention to what I’ve been going on about the last few weeks you would have at least picked up on my negative short-term sentiment towards the economy. I think we will have a US recession sometime in the near future. Today I’m going to tell you why I think it’s Tankerville […]
Negative interest rates
I first heard about negative interest rates a few months back but thought those murmurs were from people who wear tin foil hats. This morning I decided to Google “IMF negative interest rates” and it took me about 2 minutes to find a working paper from the IMF. All I had to do was read […]
Look out, it’s a war on trade!
We’ve had tumultuous times with America and China still failing to sort their relationship issues in this seemingly never ending war on trade. All the while, it’s helping the share market look good there’s this dreadful sense that it’s about to all come crashing down. I saw someone in my network post a question of […]
Comprehensive Credit Reporting and Your Credit File
Over the past few years the government have been quietly going about their business changing legislation in this area giving organisation’s such as banks more access to your personal credit information via your credit file. The process is known as comprehensive credit reporting and it will impact your credit file. Now this important because as […]