GLOBAL SUB-PRIME CRISIS

BANKILEAKS

Click on our Secret Library of Evidence ------>

    BANKILEAKS Secret Library

Loan Application Forms (LAF's)  

    Bank Emails to Brokers  

    Then Click on 'VIEW NOTEBOOK'

Join us on facebook
 

facebook3           facebook2 

BFCSA
MORTGAGE
DISTRESS SOS

What BFCSA Does...

BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.

Visitors

Articles View Hits
677308

Whistleblowers' Corner!

To all mortgage brokers, BDMs and loan approval officers! 
Pls Call Denise: 0401 642 344 

"Confidentiality is assured."

Cartoon Corner

Lighten your load today and "Laugh all the way to the bank!"

Lee Doyle

Led by award-winning consumer advocate Denise Brailey, BFCSA (Inc) are a group of people who are concerned about the appalling growth of Loan Fraud around the world. BFCSA (Inc) is a not for profit organisation in the spirit of global community concern and justice.

Click on the Cluster Map.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Login
    Login Login form

RBA: Build more houses = RBA has lost the plot!

Posted by on in Political Blindness
  • Font size: Larger Smaller
  • Hits: 1975
  • 1 Comment
  • Print

Deputy Governor of the RBA, Phil Lowe, has today delivered a nice speech in which outlines why it is that the labour market is softer than it appears. This will no doubt fail to silence those commentators that prefer to see the cup as half-full but most importantly, Lowe finishes on what amounts to a justification of the recent rate cut and nominates dwelling construction as one way for the RBA to pick up labour market slack. 

Read on: http://www.macrobusiness.com.au/2012/10/rba-were-gonna-build-more-houses/

 

Last modified on
Rate this blog entry:

Comments

  • doyla66
    doyla66 Tuesday, 09 October 2012

    Big4 in AUS pay dividends which puts them in top 50 dividend payers of all listed stocks globally & top 10 in financial sector globally. The average yield for these banks is 6.4%.

    Citi says that initially looks attractive in an income-hungry world, but recent history suggests that investors should be wary when banks trade on high dividend yields. From 2007 to mid-2011, Citi says 92 US and European banks saw their dividend yields rise to above 6%. Of these 79% cut their dividends within 12 months. On average dividends were cut by 58%, with 19 of these banks cutting their dividends to zero within one year and 38 within 2 years. The total return for these banks was -16% 12 months after the 6% dividend yield threshold was first breached.

    In these cases, Citi says, high dividend yields were a sell, not a buy signal, and the recent US and European experience could warn global investors to resist the yield temptation of Australian banks.

    http://blogs.barrons.com/incomeinvesting/2012/08/15/australia-tops-in-dividend-yield-if-you-can-stomach-bank-risks/

Leave your comment

Guest Saturday, 22 February 2020