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Archive for the Consumer Finance Category
New Thinking

Over the past six weeks there has been an increasing amount of data emerging – particularly in Australia – that economic conditions are improving markedly.

The signs are clear – at least that money and sentiment are on the move again.…

A Poor Second

Consumer banking competition in Australia continues to diminish at an accelerated pace, as the big four banks continue to increase residential lending and retail deposit market share.

Killing competition is the inability for Tier 2 Australian banks and foreign banks to attract…

Mortgage Four Closure

20090701_MortgageThe big four bank’s mortgage footprint remains firmly on the throats of the remaining Australian lenders - continuing to asphyxiate an industry it already controls.

Don’t get us wrong, residential lending competition isn’t dead in Australia, it’s just mortgage borrowers continue to…

No Commission Please, We’re British

20090701_NoCommissionBritain’s Financial Services Authority (FSA) this week added ink to its previously pencilled plans to reform financial services for the benefit of UK consumers.

The primary notion of the Retail Distribution Review (RDR) is to reduce the dependence of financial advisers…

Muted Optimism

Investor confidence has returned to positive territory for the first time since the global financial crisis began back in the August 2007.

Nervous optimism is probably the phrase burningpants would use to describe sentiment right now – with investors wanting to…

True Lies

The whopping 150 year custodial sentence handed down in the US this week to Bernard Madoff provides limited reprieve to the thousands of investors who lost money.

The publicity surrounding the $65bn fraud raises questions again over inadequacies of Government and…

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