Why Money Managers Fail To Beat the Market
http://www.fnarena.com/index2.cfm?type=dsp_newsitem&n=D3CF56...Submitted by cij 23 months, 6 days, 8 hours ago
Yet despite these headwinds, many money managers – perhaps most – still claim that they’re beating the market. Are they lying? You be the judge… Join discussion...
Money slipping through nation's fingers
http://www.smh.com.au/lifestyle/lifematters/money-slipping-t...Submitted by cij 30 months, 1 week, 8 hours ago
Very interesting survey. There's a need for more financial literacy in Australia. This passage looks interesting... "Based on an online survey of 1180 adults in October, the study shows education is not the main determinant of good or bad financial behaviour with the tertiary qualified almost as likely as early school leavers to make poor decisions...More than half those took out home loans recently had not considered that they might lose a job or become sick." Join discussion...
ASIC set to get tough on credit providers
http://www.heraldsun.com.au/money/banking/asic-set-to-get-to...Submitted by PeteD 32 months, 5 days, 18 hours ago
"CREDIT providers face strict new compliance reviews and applicants for new licences will be subject to rigorous checks to ensure their applications are accurate as the corporate regulator steps up its enforcement of a new national credit regime." Join discussion...
Banks reject Labor credit card policy
http://news.smh.com.au/breaking-news-national/banks-reject-l...Submitted by PeteD 33 months, 3 weeks, 3 days, 23 hours ago
"...Labor wants to change that so lenders would be prevented from drawing a credit card account over the maximum limit without the consent of the consumer. The government also proposes to ban unsolicited credit limit extension offers." Join discussion...
Top of their league: the brokers who can move markets
http://www.smh.com.au/business/top-of-their-league-the-broke...Submitted by cij 34 months, 3 weeks, 3 days, 4 hours ago
Analysts who make the really big calls are few and far between, writes Michael Evans. Why? Conflict of interest. Join discussion...
Bank of England to cap mortgages
http://www.telegraph.co.uk/finance/personalfinance/borrowing...Submitted by PeteD 35 months, 3 weeks, 3 days, 3 hours ago
"The Chancellor will announce that he will hand a host of new controls to the Bank to prevent another financial crisis. The powers will mean that, for the first time in the modern era, the Bank could impose restrictions on the amount banks can lend. " Join discussion...
Geithner Meeting Barnier on Basel III Presses Banks
http://www.bloomberg.com/apps/news?pid=20601109&sid=avpB.E2X...Submitted by PeteD 36 months, 3 weeks, 1 day, 23 hours ago
"new international rules being considered by the Basel Committee on Banking Supervision. In a statement after the talks, the two men affirmed their commitment to push for “stronger capital and liquidity requirements.” " Join discussion...
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