Top Tweets for #IOLoans
The property market is flooded with houses — but no-one wants to buy them
https://t.co/9rRw4bDyHz A 🏠 ponzi scheme 20 years in the making. An unstable, service orientated economy brought to you by Morrison govt & big 🏦s #bankingRC #IOLoans #ponzi #HousingCrisis #Neoliberalism
APRA to remove banks' interest-only lending restrictions
https://t.co/Ob9U2MaMzK How many loans hav been financed through the unregulated non-bank sector & continue at higher rates? #IOLoans #HousingCrisis #Auspol
Property ponzi scheme is falling apart
https://t.co/fiG7AWwxmY Abbott/ Turnbull/Morrison government ignored big 4 banks criminal lending policy, allowed banks to continue pushing #IOLoans #LiarLoans reverse mortgages & spec investor loans. #libsfail #auspol #bankrc #HousingCrisis
Ken Henry NABs "charismatic chairman" leaves everyone in no doubt where real power resides. Big 5 banks have over baked the economy. A regulated Public bank is needed. #banksRC #debt #competition #HousingCrisis #IOLoans #730report #LiarLoans #homelessness #neolibDeadEnd
John Symons the billionaire from New York "ex-Aussie home loans" needs to get a handle on real state of "housing market" now! He and his mates stuffed it. Consequences are already being seen! #housingcrisis #negativeEquity #homelessness #LiarLoans #IOLoans #defaults #BankingRC
As with many things economic these days, it will be Labor who has to fix housing and banking. Both are intimately connected and in a complete shambles. #HousingCrisis #bankingRC #IOLoans #ElectionNow #auspol #neolibDeadEnd
Time for PM Malcolm Turnbull 🎩 to take action or a least formulate a plan to address the continuing impact of the #HousingCrisis #homelessness #housing #BankingRC #IOLoans #security #Labor #ausunions
Many are young and are under 25yrs. The market is working for less and less. #homelessness #HousingCrisis #neoLibDeadEnd #IOLoans #bankfraud #BankingRoyalCommission https://t.co/YmDoN8xPfq
This bank crisis and fixing it should not be beholden to an ideological bent. It's now a necessity for fed govt PM 🎩 to intervene meaningfully. Will the ex-investment banker PM 🎩 take action? He may be forced to. #auspol #lending #Chifley #IOLoans #BankingRoyalCommision
Hmm the so called "housing market" Aust. has become the world's biggest 🏠 ponzi scheme. Vested interests hav attempted 2 cover the problems. Next gen left out- risk of homelessness. #bankfraud #IOLoans #MoneyLaundering #doublecontract #landbanks #housingdebt #auspol #UKpolitics https://t.co/qzTHGTXsAz
Whatever should I write about next week...... 🤔
#auspol #UKpolitics Neoliberal ideology has outlived its usefulness. As long as corporates call all the shots, middle class &working people be targeted #WageTheft #debt #GFC #casualisation #IOLoans #CorpTaxJoke #changetherules https://t.co/RcwkLDCSnI
We all know that Turnbull's $65 billion corporate tax cuts will go into the pockets of executives and offshore shareholders. Trickle-down economics doesn't work. @sallymcmanus #auspol #ausunions
The questions Hayne needs to ask and the banks must answer https://t.co/bVT2VJkTmQ -
🏦 & non-bank lenders have no lending standards. They shoveled 💰💳out the door from 2000. Aust. are paying the price. #auspol #IOLoans #liarloans #Loanfraud
As Keating said #neolibDeadEnd
#Asic sidelined! Banks have say over ToR to and "blanket" other institutions like Industry Super & spread blame. #big4banks #LoanFraud #IOLoans #LiarLoans #LoanPractices #BankBillSwapRatefraud #MoneyLaundering #TermDepfraud #bankfees #Insurancefraud #auspol https://t.co/lnxTP38F6i
Analysis: Banks don't want property lending scrutinised https://t.co/aHG6dgBUkR #auspol
#finroyalcom still needed! Terms of reference for 🎩s #bankroyalcom are narrow & won't touch mortgage lending! Abysmal! #liarloans #IOLoans #mortgagefraud #doublecontracting #profiteering
#auspol #big4banks please explain role in ➡ #interestonlyloans after 2008 = 40% total loans.Non-bank #IOLoans r now rocketing! #beansnotavo
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