BFCSA Blog

  SENATE ECONOMICS REFERENCES COMMITTEE Inquiry into the post-GFC banking sector   QUESTIONS ON NOTICE http://www.aph.gov.au/Parliamentary_Business/Committees/Senate_Committees?url=economics_ctte/post_gfc_banking/submissions.htm Replies have been received from Bank West RBA Westpac Commonwealth Bank Treasury   Bankwest 10 August 2012   Question 1 (Hansard Ref: p. 57)   Senator WILLIAMS: Why has Bankwest registered the websites unhappybanking.com and unhappybanking.com.au?   The domain names in question were registered by Bankwest before the launch of the unhappybanking.net.au site. It is not unusual for an organisation to take steps to protect its brand through registering domain names that may have a likeness to the name or other aspects of the brand.       Question 2 (Hansard Ref: p. 64)   Senator WILLIAMS: You have given us the percentage of your customers who are impaired et cetera—a very good percentage. Do you know what percentage of your customers who were developers on the east coast became impaired?   Mr De Luca:...

Senate Economics References CommitteePublic HearingInquiry into the post-GFC banking sector Friday 10 August 2012 Jubilee Room, NSW Parliament HouseSYDNEY PROGRAM 8.30 am – 9.15 am Mr Paul French and Mr Geoffrey Reiher (submission 104) 9.15 am – 10.00 am Mr James Neale (submission 54, 54A) 10.00 am – 10.45 am Mr Geoffrey Shannon (submission 118) 10.45 am – 11.00 am Break 11.00 am – 11.45 amING DIRECT (submission 103)Mr Vaughn Richtor, Chief Executive OfficerMr Glenn Baker, Chief Financial OfficerMr Bart Hellemans, Chief Risk Officer 11.45 pm – 12.30 pm Mr Guy Goldrick (submission 56) 12.30 pm – 1.30 pm Lunch break 1.30 pm – 3.00 pmBankwest (submission 80)Mr Rob De Luca, Managing DirectorMr Ian Corfield, Chief Executive, Bankwest BusinessMs Sue Tindal, Chief Executive, Strategy & Reputation 3.00 pm – 4.00 pmNational Australia Bank (submission 79)Mr Mark Joiner, Executive Director and Chief Financial OfficerMr Bruce Munro, Chief Risk Officer 4.00 pm Adjournment...

Firstly, let me introduce myself. My name is Lindie Mehan & my submission to this inquiry was published at # 69. It may only be a light-weight 4 pages long however, there is a 6 year (almost 7) history behind that backing up my submission. That timeframe has seen me visit some very deep dark places & now there is only ice cold anger at the processes I have been subjected to - very un-Australian processes from quite a few different directions.   Today I watched the Senate Inquiry via live streaming on my computer. Denise Brailey has her finger on the pulse which is far more than the other entities presented had. She disclosed how the banks & ASIC would try to blame the brokers well ahead of this inquiry. Please check her blogs on the website: www.bfcsa.com.au/index.php/easyblog Denise has been spelling out quite clearly what is not working, what is fraudulent, what is...