Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks

7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks

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1 | P a g e

Supportive Residents & Carers Action Group IncRegistered with the

Justice Department of Victoria, Consumer Affairs Victoria

Whistleblower Protection Support GroupMembers registered with the US SEC Office of the WhistleblowerTel 03 9420 9611

Dear Sir,

Australians want a Royal Commission in the banks and their regulators as ASIC tells us that payoffs to foreign

officials is ok, pro Liberal Party Alan Jones asks Mathias Cormann if he s in the bankers pocket, and the CBA

Westpac & NAB lied in 08 by forgetting to say they pledged assets to the US Fed Reserve. Now ASIC advised us

that 80 files of fraud and forgeries by banks will not be investigated. You might like to add all the facebook

complaints when you assess what voters want.

Petitioning Mr David Murray Chairman of the

Financial System Inquiry

ROYAL COMMISSION into Australian Banks, the

Regulators ASIC, APRA and all subsidiaries and

joint partners


2/178

2 | P a g e

Supporters

Reasons for signing

Most Popular

Latest

Liam McAleenan AUSTRALIA

about 1 month ago

Liked 9

I win my case agents the cba for maladministration in leading but FOS are letting then sale I'm

bock,

joel cannan AUSTRALIA

about 1 month ago

Liked 9

To stop the banks from not being accountable for their actions

Peter Hill HOPETOUN, AUSTRALIA

about 1 month ago

Liked 8

It's corrupt dodging loans on generated software

John Davey HEATHRIDGE 6027, AUSTRALIA

about 1 month ago


3/178

3 | P a g e

Liked 8

I'm close to losing everything I had built over 40 years of hard work because the bank didn't include

all of my monthly costs (including Credit card from that bank) when allowing me a loan for $1.5 million.

Without tax records, with only a letter from my agent in Jersey Islands that may have been "DOCTORED

BY THE BANK". My wife and I are now struggling financially and personally.

John Crundwell TOWNSVILLE CITY, AUSTRALIA

about 1 month ago

Liked 7

Suffered first hand at the immoral and illegal ways of CBA

Sandra Grainer WHITE ROCK, AUSTRALIA

about 1 month ago

Like

7

The Banks having been getting away with "CRIMINAL BEHAVIOUR" for far too long and it is time to

bring them under control for the sake of all Australians. If we fail, our future will be very much

threatened. My wife and I are both victims of Low Doc Loans.

jen cox AUSTRALIA

about 1 month ago

Like

7

struggling to live and hold onto our home

jen cox AUSTRALIA


4/178

4 | P a g e

about 1 month ago

Like

7

i am a victim of this...its affected our life for 7 yrs

Maggie McGowan AUSTRALIA

about 1 month ago

Like

7

The banks 'stole' my home, now having to pay more for it in a 'new home loan' than the purchase

price was for it nearly ten years ago!

Brett Montgomery KINGSCLIFF, AUSTRALIA

about 1 month ago

Like

7

Banks have ripped off my father

Andrew Forbes Smith BYRON BAY, AUSTRALIA

about 1 month ago

Like

7

To reveal truth, and hopefully bring about a fairer society for everyone.

Kevin Lee AUSTRALIA


5/178

5 | P a g e

about 1 month ago

Like

7

Unfortunately when you add in the now infamous MIS scams that have screwed the lives of up to

18,000 people - we have a bank & financial planning rip-off on a massive scale. It's time to fight back!!!

Josef Perner AUSTRALIA

about 1 month ago

Like

6

We are sick of being ripped off by the system, banks, government councils everything, Australia

needs to hit the reset button and get back to basics.

Caroline Vardy COOLBELLUP, AUSTRALIA

about 1 month ago

Like

6

I lost my home

Georgia Morfidis AUSTRALIA

about 1 month ago

Like

6

My aunty got ripped off by the NAB


6/178

6 | P a g e

Caroline Baker AUSTRALIA

about 1 month ago

Like

6

Because I have lost thousands of dollars because of St George bank mortgage fraud.

David Fahey SYDNEY, AUSTRALIA

about 1 month ago

Like

6

Because my partner and I are one of those home owners who is affected.

Debra Lock PARKHURST, AUSTRALIA

about 1 month ago

Like

6

Myself,family and friends are victims of banking fraud, maladministration and unconsciable

lending.

Michael Porret AUSTRALIA

about 1 month ago

Like

6


7/178

7 | P a g e

Have been through hell for 76 years and lost more than my family can handle. We were pushed

into what we thought was an investment but now don't know if we can keep our home


about 1 month ago

Like

6

Because I am looking at owning nothing and owing a lot of money, where before the bank loan I

owned everything. Now my retirement and my marriage are in jeopardy because the bank failed to

notice my three credit cards and private loan repayments when approving a $1.5million loan, without

any tax records or proof of income other than a letter from a man in Jersey.

katie shafar AUSTRALIA

about 1 month ago

Like

6

In 2009 an ANZ banker overstated my income by $50,000 pa to get 2 loans over the line....I am stillwaiting for my LAF.

Trish Henderson MOUNT ELIZA, AUSTRALIA

about 1 month ago

Like

6

Our banks are out on control and not answerable to anyone, theft on a grand scale and no

accountability

Christine Bradstreet WILLETTON, AUSTRALIA

about 1 month ago


8/178

8 | P a g e

Like

6

I ended up with a debt I could not pay and after 5 years in the courts eventually had to sell my

home to pay the debt.

Anna Delamere AUSTRALIA

about 1 month ago

Like

6

My Husband and i are both victims of loan application tampering by Legacy Financial Services staff

who inflated our income figures on our Loan Application Form without our knowledge. The bank staff

involved purposely set us up to take us down. They knew that their actions would cause us to lose our

home. The loan would not have been approved if the real income figure was used. We owned our home

in 2007 and now we face eviction. Their greed has ruined our lives. We must have a Royal Commission.

Lisa Yu AUSTRALIA

about 1 month ago

Like

6

ANZ had robbed my additional cash asset over $400,000 on top of my original 20% equity like a

snake to swallow a large object and turned into property as it's tummy then slowly digesting it by the

way of toxic loan and its illegal interests.

Cynthia Lawrence CAMPBELLTOWN, AUSTRALIA


9/178

9 | P a g e

about 1 month ago

Like

6

We are affected by this scandal and we need to ask the banks to tell the truth about home lending.

Jack Dale AUSTRALIA

about 1 month ago

Like

6

My wife and I are Storm Financial victims of the banks

Alicia Vanschayk AUSTRALIA

about 1 month ago

Like

6

Fair game for the working family!

Michal Blair AUSTRALIA

about 1 month ago

Like

6

Like to see the bastards pay for their greed

Brenda Beal AUSTRALIA


10/178

10 | P a g e

about 1 month ago

Like

6

My LAF was altered to qualify us for a Farm Loan. This has affected my whole immediate family

financially.

Maria Roditis AUSTRALIA

about 1 month ago

Like

6

Because I am a victim of two collapsed Mis Investments due to BAD advise

paul carnemolla AUSTRALIA

about 1 month ago

Like

6

with all proof of false loan documents false signature money stolen false tax return false statement

bank never produce any loan document for six years ask, the answer is not produce this is not one loan

but two,,,,,,,,,,,,,,,, we lost all after 45 years of hard work me my wife & family this bank the are criminal

ADELAIDE & BENDIGO BANK

Ed Schmidt BLAIRMOUNT, AUSTRALIA


11/178

11 | P a g e

about 1 month ago

Like

6

We are affected in this way and in danger of losing our home.

William Doherty NEWCASTLE, AUSTRALIA

about 1 month ago

Like

6

We have lost our home and life savings

sharon matherson NARANGBA, AUSTRALIA

about 1 month ago

Like

6

ripped off by banks lost everything

We need a Royal Commission urgently

Jen Flynn AUSTRALIA

about 1 month ago


12/178

12 | P a g e

Like

6

Am a victim of this disgraceful conduct by the banks.

Rosie Cornell MEADOW SPRINGS, AUSTRALIA

about 1 month ago

Like

6

because I know how it happened to us and it needs a Royal Commisssion

michelle matheson KAHIBAH, AUSTRALIA

about 1 month ago

Like

6

Facing homelessness with 3 children due to fraud by rams/RHG , my mother has lost her life savings and

home due to fraud by WESTPAC- it is time hard working Australians are supported by their government

to stop predatory and deceptive lending by our banks immediately - lives are getting ruined as is the

future for our children due to shameful and criminal banking practices, this is a national epidemic and

needs resolution!

Howie Hughes AUSTRALIA

about 1 month ago

Like


13/178

13 | P a g e

6

I'm currently in the middle of a four year battle with Westpac regarding my home loan, and regardless of

multiple examples of fraudulent and deceptive behavior and documentation I've provided its like I don't

exist. Its the same scenario with FOS - my dispute was lodged well over 18 months ago and two case

officers, one dispute analyst and a banking expert and they still try to send me in ever increasing circles

whilst trying to cover the banks back through manipulating the Terms of Reference in totally bias and

unethical way. I will not give in or walk away from this and I will bulldoze my own home on national tv

before ever giving it to Westpac -the pack of liars and cheats.

shane pearce AUSTRALIA

about 1 month ago

Like

6

Its time for an independent banking ombudsman not one funded by the financial institutions

themselves. ASIC has failed in its regulatory duties to protect consumers. The Banks must be stopped

making unconscionable decisions where consumers are concerned.

Denise Brailey DOWERIN, AUSTRALIA

about 1 month ago

Like

6

Banks became the robbers of homes by targeting ARIPs asset rich and income poor. People who own

modest home and on pension or low income. What type of people are these Bankers?


14/178

14 | P a g e

Karen Kennedy AUSTRALIA

about 1 month ago

Like

6

It's time for these banks to be accountable for all their years of theft

Chester Lochhead ADELAIDE, AUSTRALIA

about 1 month ago

Like

6

This is important to me because I mortgaged my home with West Point Mezzanine and ended up have

to sell before I went bankrupt after Price-water House and Coopers put the company into Liquidation

David White BATHURST, AUSTRALIA

about 1 month ago

Like

6

Anz bank fraudulent lent money for our mortgage



15/178

15 | P a g e

about 1 month ago

Like

6

We want re-regulation of the banks. How can we trust bankers to do the right thing?

Milton Wilde AUSTRALIA

30 days ago

Like

5

A Royal Commission with wide range terms of reference is needed to expose so many 1,000's of cases

involving the fraudulent lending practices of not just the big four banks, but statistically more often by

the smaller banks like the Bendigo Adelaide Bank and other non-bank lenders. The scope of the Royal

Commission being sought must extend to Bendigo Adelaide Bank, non-bank lenders, mortgage

managers and non-bank wholesale funders. The Bendigo Adelaide bank who have just been gifted theRural Finance Corporation by the Victorian State Government, have already started revaluing assets to

foreclose on rural mortgages in order to satisfy their 'Basel' based Claw Back provisions. Their

unconscionable conduct including the saturation marketing of Reverse Mortgages, Homesafe Solutions

'Debt Free Equity Release' are all scams design to divest the aged members of our society of their only

assets in a sneaky and underhanded manner, all the while protected by the fine print in their mortgage

agreements which are weighted 100% against their unsuspecting customers/borrowers.

I propose that, due to the high number of victims whose lives have been gravely affected by smaller and

non-bank lenders, the explanatory text describing the petition now be expanded to allow for the

inclusion of the Bendigo Adelaide Bank , other varieties of banks and money lenders who have

conveniently flown under the radar for far too long.


16/178

16 | P a g e

What happened to the State based legislative provisions and consumer protections provided in the old

Money Lenders Acts which afforded protection to borrowers where ASIC, FOS and our Federal

government do nothing and our legal system is totally bank biased.

Rob Ding AUSTRALIA

about 1 month ago

Like

5

Stop the fraud. Stop corruption. Put people before corporate greed profits.

Marc Sweeney STONYFORD, AUSTRALIA

about 1 month ago

Like

5

The deregulation of the banking industry has led to massive corruption, which has been supported in a

majorly negative way for consumers by this LNP government and a Royal Commission is needed to

rectify this unacceptable situation.

Fran Fairhead AUSTRALIA

about 1 month ago

Like

5

I am one of thousands who have been ill served by a financial planner and consequently a bank


17/178

17 | P a g e


about 1 month ago

Like

5


John Holligan AUSTRALIA

about 1 month ago

Like

5

Bank fraud is not on we need a royal commission

Merleen ANDERSON AUSTRALIA

about 1 month ago

Like

5

To stop the banks from fraudulent practices and doctoring our applications

Dale McCahon AUSTRALIA

about 1 month ago

Like

5


18/178

18 | P a g e

It is a much needed exposure of Bank fraud and white collar crime the scourge of this country

Lynne Kreutzer ALSTONVILLE, AUSTRALIA

about 1 month ago

Like

5

Banks have been acting outside the law and the regulators are guilty of wilful blindness.

Laurell Miller AUSTRALIA

about 1 month ago

Like

5

Timbercorp Investor



about 1 month ago

Like

5



19/178

19 | P a g e


about 1 month ago

Like

5



about 1 month ago

Like

5

Timbercorp Investor

Ken Grech AUSTRALIA

about 1 month ago

Like

5

Need to do something serious with corporate corruption please.

Hanuman Pandji MELBOURNE, AUSTRALIA

about 1 month ago

Like

5

Banks are undermining our economy through debt and fraud. Sign this petition if you think that

they need to be held accountable!


20/178

20 | P a g e

Philip Soos MELBOURNE, AUSTRALIA

about 1 month ago

Like

5

Rampant control frauds pose a major threat to the efficient and equitable functioning of a banking

and financial system. They must be stamped out.

stephanie flory AUSTRALIA

about 1 month ago

Like

5

my parents have 2 toxic low doc loans and the bank wants to reposses the house

lynette flory AUSTRALIA

about 1 month ago

Like

5

my husband and i have 2 toxic low doc loans and the bank wants to take possesion of our house

More Reasons

Supporters

Reasons for signing


21/178

21 | P a g e

Most Popular

Latest

Liam McAleenan AUSTRALIA

about 1 month ago

Liked 9

I win my case agents the cba for maladministration in leading but FOS are letting then sale I'm

bock,

joel cannan AUSTRALIA

about 1 month ago

Liked 9

To stop the banks from not being accountable for their actions

Peter Hill HOPETOUN, AUSTRALIA

about 1 month ago

Liked 8

It's corrupt dodging loans on generated software


about 1 month ago

Liked 8


22/178

22 | P a g e

I'm close to losing everything I had built over 40 years of hard work because the bank didn't include

all of my monthly costs (including Credit card from that bank) when allowing me a loan for $1.5 million.

Without tax records, with only a letter from my agent in Jersey Islands that may have been "DOCTORED

BY THE BANK". My wife and I are now struggling financially and personally.

John Crundwell TOWNSVILLE CITY, AUSTRALIA

about 1 month ago

Liked 7

Suffered first hand at the immoral and illegal ways of CBA

Sandra Grainer WHITE ROCK, AUSTRALIA

about 1 month ago

Like

7

The Banks having been getting away with "CRIMINAL BEHAVIOUR" for far too long and it is time to

bring them under control for the sake of all Australians. If we fail, our future will be very much

threatened. My wife and I are both victims of Low Doc Loans.

jen cox AUSTRALIA

about 1 month ago

Like

7

struggling to live and hold onto our home

jen cox AUSTRALIA

about 1 month ago

Like


23/178

23 | P a g e

7

i am a victim of this...its affected our life for 7 yrs

Maggie McGowan AUSTRALIA

about 1 month ago

Like

7

The banks 'stole' my home, now having to pay more for it in a 'new home loan' than the purchase

price was for it nearly ten years ago!

Brett Montgomery KINGSCLIFF, AUSTRALIA

about 1 month ago

Like

7

Banks have ripped off my father

Andrew Forbes Smith BYRON BAY, AUSTRALIA

about 1 month ago

Like

7

To reveal truth, and hopefully bring about a fairer society for everyone.

Kevin Lee AUSTRALIA

about 1 month ago

Like


24/178

24 | P a g e

7

Unfortunately when you add in the now infamous MIS scams that have screwed the lives of up to

18,000 people - we have a bank & financial planning rip-off on a massive scale. It's time to fight back!!!

Josef Perner AUSTRALIA

about 1 month ago

Like

6

We are sick of being ripped off by the system, banks, government councils everything, Australia

needs to hit the reset button and get back to basics.

Caroline Vardy COOLBELLUP, AUSTRALIA

about 1 month ago

Like

6

I lost my home

Georgia Morfidis AUSTRALIA

about 1 month ago

Like

6

My aunty got ripped off by the NAB

Caroline Baker AUSTRALIA

about 1 month ago


25/178

25 | P a g e

Like

6

Because I have lost thousands of dollars because of St George bank mortgage fraud.

David Fahey SYDNEY, AUSTRALIA

about 1 month ago

Like

6

Because my partner and I are one of those home owners who is affected.

Debra Lock PARKHURST, AUSTRALIA

about 1 month ago

Like

6

Myself,family and friends are victims of banking fraud, maladministration and unconsciable

lending.

Michael Porret AUSTRALIA

about 1 month ago

Like

6

Have been through hell for 76 years and lost more than my family can handle. We were pushed

into what we thought was an investment but now don't know if we can keep our home



26/178

26 | P a g e

about 1 month ago

Like

6

Because I am looking at owning nothing and owing a lot of money, where before the bank loan I

owned everything. Now my retirement and my marriage are in jeopardy because the bank failed to

notice my three credit cards and private loan repayments when approving a $1.5million loan, without

any tax records or proof of income other than a letter from a man in Jersey.

katie shafar AUSTRALIA

about 1 month ago

Like

6

In 2009 an ANZ banker overstated my income by $50,000 pa to get 2 loans over the line....I am still

waiting for my LAF.

Trish Henderson MOUNT ELIZA, AUSTRALIA

about 1 month ago

Like

6

Our banks are out on control and not answerable to anyone, theft on a grand scale and no

accountability

Christine Bradstreet WILLETTON, AUSTRALIA

about 1 month ago

Like

6


27/178

27 | P a g e

I ended up with a debt I could not pay and after 5 years in the courts eventually had to sell my

home to pay the debt.

Anna Delamere AUSTRALIA

about 1 month ago

Like

6

My Husband and i are both victims of loan application tampering by Legacy Financial Services staff

who inflated our income figures on our Loan Application Form without our knowledge. The bank staffinvolved purposely set us up to take us down. They knew that their actions would cause us to lose our

home. The loan would not have been approved if the real income figure was used. We owned our home

in 2007 and now we face eviction. Their greed has ruined our lives. We must have a Royal Commission.

Lisa Yu AUSTRALIA

about 1 month ago

Like

6

ANZ had robbed my additional cash asset over $400,000 on top of my original 20% equity like a

snake to swallow a large object and turned into property as it's tummy then slowly digesting it by the

way of toxic loan and its illegal interests.

Cynthia Lawrence CAMPBELLTOWN, AUSTRALIA

about 1 month ago

Like

6


28/178

28 | P a g e

We are affected by this scandal and we need to ask the banks to tell the truth about home lending.

Jack Dale AUSTRALIA

about 1 month ago

Like

6

My wife and I are Storm Financial victims of the banks

Alicia Vanschayk AUSTRALIA

about 1 month ago

Like

6

Fair game for the working family!

Michal Blair AUSTRALIA

about 1 month ago

Like

6

Like to see the bastards pay for their greed

Brenda Beal AUSTRALIA

about 1 month ago

Like

6


29/178

29 | P a g e

My LAF was altered to qualify us for a Farm Loan. This has affected my whole immediate family

financially.

Maria Roditis AUSTRALIA

about 1 month ago

Like

6

Because I am a victim of two collapsed Mis Investments due to BAD advise

paul carnemolla AUSTRALIA

about 1 month ago

Like

6

with all proof of false loan documents false signature money stolen false tax return false statement

bank never produce any loan document for six years ask, the answer is not produce this is not one loan

but two,,,,,,,,,,,,,,,, we lost all after 45 years of hard work me my wife & family this bank the are criminal

ADELAIDE & BENDIGO BANK

Ed Schmidt BLAIRMOUNT, AUSTRALIA

about 1 month ago

Like

6

We are affected in this way and in danger of losing our home.

William Doherty NEWCASTLE, AUSTRALIA


30/178

30 | P a g e

about 1 month ago

Like

6

We have lost our home and life savings

sharon matherson NARANGBA, AUSTRALIA

about 1 month ago

Like

6

ripped off by banks lost everything

Bruce Duncan AUSTRALIA

about 1 month ago

Like

6

We need a Royal Commission urgently

Jen Flynn AUSTRALIA

about 1 month ago

Like

6

Am a victim of this disgraceful conduct by the banks.

Rosie Cornell MEADOW SPRINGS, AUSTRALIA


31/178

31 | P a g e

about 1 month ago

Like

6

because I know how it happened to us and it needs a Royal Commisssion

michelle matheson KAHIBAH, AUSTRALIA

about 1 month ago

Like

6

Facing homelessness with 3 children due to fraud by rams/RHG , my mother has lost her life

savings and home due to fraud by WESTPAC- it is time hard working Australians are supported by their

government to stop predatory and deceptive lending by our banks immediately - lives are getting ruined

as is the future for our children due to shameful and criminal banking practices, this is a national

epidemic and needs resolution!

Howie Hughes AUSTRALIA

about 1 month ago

Like

6

I'm currently in the middle of a four year battle with Westpac regarding my home loan, and

regardless of multiple examples of fraudulent and deceptive behavior and documentation I've provided

its like I don't exist. Its the same scenario with FOS - my dispute was lodged well over 18 months ago and

two case officers, one dispute analyst and a banking expert and they still try to send me in everincreasing circles whilst trying to cover the banks back through manipulating the Terms of Reference in

totally bias and unethical way. I will not give in or walk away from this and I will bulldoze my own home

on national tv before ever giving it to Westpac -the pack of liars and cheats.

shane pearce AUSTRALIA


32/178

32 | P a g e

about 1 month ago

Like

6

Its time for an independent banking ombudsman not one funded by the financial institutions

themselves. ASIC has failed in its regulatory duties to protect consumers. The Banks must be stopped

making unconscionable decisions where consumers are concerned.


about 1 month ago

Like

6

Banks became the robbers of homes by targeting ARIPs asset rich and income poor. People who

own modest home and on pension or low income. What type of people are these Bankers?

Karen Kennedy AUSTRALIA

about 1 month ago

Like

6

It's time for these banks to be accountable for all their years of theft

Chester Lochhead ADELAIDE, AUSTRALIA

about 1 month ago

Like

6


33/178

33 | P a g e

This is important to me because I mortgaged my home with West Point Mezzanine and ended up

have to sell before I went bankrupt after Price-water House and Coopers put the company into

Liquidation

David White BATHURST, AUSTRALIA

about 1 month ago

Like

6

Anz bank fraudulent lent money for our mortgage


about 1 month ago

Like

6

We want re-regulation of the banks. How can we trust bankers to do the right thing?

Milton Wilde AUSTRALIA

30 days ago

Like

5

A Royal Commission with wide range terms of reference is needed to expose so many 1,000's of

cases involving the fraudulent lending practices of not just the big four banks, but statistically more

often by the smaller banks like the Bendigo Adelaide Bank and other non-bank lenders. The scope of theRoyal Commission being sought must extend to Bendigo Adelaide Bank, non-bank lenders, mortgage

managers and non-bank wholesale funders. The Bendigo Adelaide bank who have just been gifted the

Rural Finance Corporation by the Victorian State Government, have already started revaluing assets to

foreclose on rural mortgages in order to satisfy their 'Basel' based Claw Back provisions. Their

unconscionable conduct including the saturation marketing of Reverse Mortgages, Homesafe Solutions


34/178

34 | P a g e

'Debt Free Equity Release' are all scams design to divest the aged members of our society of their only

assets in a sneaky and underhanded manner, all the while protected by the fine print in their mortgage

agreements which are weighted 100% against their unsuspecting customers/borrowers.

I propose that, due to the high number of victims whose lives have been gravely affected by

smaller and non-bank lenders, the explanatory text describing the petition now be expanded to allow

for the inclusion of the Bendigo Adelaide Bank , other varieties of banks and money lenders who have

conveniently flown under the radar for far too long.

What happened to the State based legislative provisions and consumer protections provided in the

old Money Lenders Acts which afforded protection to borrowers where ASIC, FOS and our Federal

government do nothing and our legal system is totally bank biased.

Rob Ding AUSTRALIA

about 1 month ago

Like

5

Stop the fraud. Stop corruption. Put people before corporate greed profits.

Marc Sweeney STONYFORD, AUSTRALIA

about 1 month ago

Like

5

The deregulation of the banking industry has led to massive corruption, which has been supportedin a majorly negative way for consumers by this LNP government and a Royal Commission is needed to

rectify this unacceptable situation.


about 1 month ago


35/178

35 | P a g e

Like

5


John Holligan AUSTRALIA

about 1 month ago

Like

5

Bank fraud is not on we need a royal commission

Merleen ANDERSON AUSTRALIA

about 1 month ago

Like

5



about 1 month ago

Like

5



about 1 month ago


36/178

36 | P a g e

Like

5



about 1 month ago

Like

5

Timbercorp Investor

Ken Grech AUSTRALIA

about 1 month ago

Like

5

Need to do something serious with corporate corruption please.

Hanuman Pandji MELBOURNE, AUSTRALIA

about 1 month ago

Like

5

Banks are undermining our economy through debt and fraud. Sign this petition if you think that

they need to be held accountable!

Philip Soos MELBOURNE, AUSTRALIA

about 1 month ago


37/178

37 | P a g e

Like

5

Rampant control frauds pose a major threat to the efficient and equitable functioning of a banking

and financial system. They must be stamped out.

stephanie flory AUSTRALIA

about 1 month ago

Like

5

my parents have 2 toxic low doc loans and the bank wants to reposses the house

lynette flory AUSTRALIA

about 1 month ago

Like

5

my husband and i have 2 toxic low doc loans and the bank wants to take possesion of our house

Gavin Cope AUSTRALIA

about 1 month ago

Like

5

Timbercorp - loans set up very poorly. Incorrect information on loan deeds and a raft of other

issues with the misuse of funds.

Paul Flory AUSTRALIA


38/178

38 | P a g e

about 1 month ago

Like

5

i have 2 toxic low doc loans and the bank want to take possesion

Ray Catford AUSTRALIA

about 1 month ago

Like

5

To stop Fraud and collusion in the banks

Lester Marriage AUSTRALIA

about 1 month ago

Like

5

Westpac has repossessed our family home of 20 years, engaged in predetory lending and refuses to

provide our LAF as it will expose fraud.

We were loaned millions, I was unemployed at the time.

John Donaldson AUSTRALIA

26 days ago

Like

4


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Lost $200,000 through deliberate and planned fraud

George Davey AUSTRALIA

27 days ago

Like

4

Banks are the biggest robbers on this earth. They just do what they want & change the rules &

"gold posts" to get their maximum profit and individual commissions and spare no thought to fairness. I

had my Super invested with them & when doing switches and withdrawals they would publish false daily

rates that did not reflect the market indices changes and would only benefit the banks profits and in

turn the top executives profit based bonuses. David Murray was head of Com Bank at the time. I oftenwondered if the Bank generally employed Financial Planners who got their certificate qualifications after

only 34 hours study. David Murray as head of this enquiry would be a big joke. It's like putting Dracula in

charge of the blood bank. When I was convinced that the CBA was duding me, I quickly pulled out and

gave my Super business to a more reputable organisation.


27 days ago

Like

4

Investors and Borrowers alike expected there to be a secure financial system and an environment

of trust and confidence in Australian Government and the Australian Banking and Finance Regulators. I

have been watching the erosion of trust and lobbied for change for over 20 years as a volunteer. I am an

educated woman and criminologist specializing in white collar crime. This without doubt is the biggest

collective scam I have ever exposed. Australian Bankers are running a Cartel, thousands of consumer

documents show why that is so. It is why there have been so many Parliamentary Inquiries into our

Financial System and the current FSI in recent times. I have lobbied and contributed to 15 of thosethrough hard lobbying. Bankers are also the CONTROL FRAUDS as described by Prof, Wm Black and

again Philip Soos and Paul D Egan in their book Bubble Economics. Bankers are Control Frauds

controlling all losses coming from Borrowers in 30 year "Interest Only" Sub Prime Loans and also

Investors tricked into unsafe investments entangles in PROPERTY, BANKING, DEVELOPMENT and

CONSTRUCTION. Moodys are worried. Bloombergs have sent out stories of warning signs. Retiree


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investors have been fleeced of life savings. This should have been cleared up years ago, but people's

lives were being shatters and political backs were turned. The elephant is in the room and the pretense

is no longer sustainable. Everyone affected by loss from the Control Frauds either by savings or home

lost should by know understand they are part of a much bigger picture in organised white collar criminal

activity. (see my own Submission to the FSI). Immediate action is necessary and the first step is for DavidMurray and the current Financial System Inquiry to recommend a Royal Commission into the entire

sector so as to examine properly each component and we need a very Wide Terms of Reference if we

are ever to get to the bottom of this mess. Banks are not too big to fail. If we try to use the moral hazard

line...we have forfeited our dearly held beliefs and values and we want those back.

corinne coombs MANDURAH, AUSTRALIA

27 days ago

Like

4

As an ex mortgage broker I am disgusted. As a human being who now know banks make profit from

money that doesn't exist I say it should all be shut down.

Naomi Halpern AUSTRALIA

about 1 month ago

Like

4

I am signing because I am the victim of financial fraud and crime by a financial advisor and enabling

and complicit financial institutions and agribusiness. I have been financially ruined and the impact has

affected all aspects of my life, financial, relationships, work, health and the future. A Royal Commission

is essential to clean up the financial services industry and provide justice and restitution for victims.

Stan Frydenberg EAST MALVERN, AUSTRALIA

about 1 month ago

Like

4


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My partner was lent more money than she could afford to easily repay, based purely on her

available property assets. The Bank grossly overstated her Salary and her Rental Income, even though

they were given Pay Slips, Rental Statements and a Tax Return. The Bank also gave her extra funds as abuffer in her offset accounts. Two new properties were purchased and two previously unencumbered

properties were then cross collateralised under the loans. We spent 20 months with FOS, and even

though we could prove that the bank had overstated income and understated debt levels as part of the

applications, our case was thrown out as not being maladministration by the Bank. We are looking to

sell the two most recently purchased properties, but that will leave us out of pocket by close to $500k

and with debts on previously unencumbered properties. Instead of retiring, we are looking at another

10 years of workand we are still waiting for the original of the Loan Application Forms, even FOS

couldnt get them.

Susan Henry AUSTRALIA

about 1 month ago

Like

4

It is not possible to be brief in any meaningful adequate sense. I am a victim of fraud of my former

accountant / advisor who was known to ASIC well before he ruined me along with the CBA, BT, ANZ,

Elders, Macquarie Bank etc. And various product issuers. What happened and the consequences isenormous sophisticated financial white collar crime. A Royal Commission to uncover the corruption,

correct the consequences and safeguarding the nation is necessary.

CAROLYN DORWARD AUSTRALIA

about 1 month ago

Like

4

This has happened to me with BOQ as a Storm Financial Client. My income was increased on the

loan application by the bank personal to allow me to be illegible to lend through them even though they

had my correct income paperwork, and now I only own half my home. It is not fair that big corporations

and be allowed to do these sort of things to anyone let alone older people and low income workers.


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Mark Weir AUSTRALIA

about 1 month ago

Like

4

Every effort must be made to rein in an out of control Banking Industry and restore some social

justice to the delivery of financial services to all Australians.

Merrilee Clark AUSTRALIA

about 1 month ago

Like

4

Ripped off by the banks via Storm Financial

KAren Oxley AUSTRALIA

about 1 month ago

Like

4

Dishonesty, fraud should be a concern for all people participating in a democratic system. The 4 big

bank Oligopoliy MUST be made accountable and compensate their dishonesty

Gillian Kenway AUSTRALIA

about 1 month ago

Like

4


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We have less than 60 days before eviction from our home. The Lo Doc loan application was

fraudulently altered changing Brian' income from $25.000 per annum to $225.000 per annum. We also

believe due to the loan only being Interest only. We wants the courts to put a 'stay' on all pending

evictions till we have a Royal Commission

KAREN PERNER AUSTRALIA

about 1 month ago

Like

4

We have lodged our dispute with FSP through the Financial Ombudsman's office. We lodged that

dispute in June 2013. Next morning (12 hours later) a representative of the FSP EDR department rangme passing himself off from FOS. Our case has been sitting with various staff of FOS trying to negotiate

with FSP to allow our debt to be taken over by another Bank - NIL replies. Our debt has now risen

(through Interest) $300k. I am concerned that there is a potential link between FOS & FSP and my case

may not be fair. We stand to loose our home and business

Ruth Fontaine AUSTRALIA

about 1 month ago

Like

4

The Commomwealth Bank and Macquarie Banks both financially supported the dubious financial

advice given by Storm Financial. We were destroyed financially, emotionally, and due to the stress it has

affected our health, neither of us were able to work and my husband suffered a stroke brought on by

the stress, and spent 4 years in a disabled state. When the CBA started putting pressure on us in March

this year, my husband became very very stressed and suffered another stroke which was fatal. I am now

a widow with a huge debt. We never got to enjoy our retirement. We should have been financially ok,

instead the Australian banking system have destroyed us and thousands of others. Don't let them getaway with this level of destruction. We need a Royal Commission and we need it now.

Dutchy Peron AUSTRALIA

about 1 month ago


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Like

4

The big 4 banks have ripped us off in the Storm Financial saga.


about 1 month ago

Like

4

Why have state police discovered the FACT 2008 that the internal banks system has at least 8

differing copies of the same Loan Application faxed/submitted by the brokers? Brokers were told to use

the serviceability calculator and allow the banks internal computer to create a futuristic income telling

them their lawyers had said the calculation was all above board. Meantime internal emails said: "pump

up the volume". The Sellers believed in these evil products and purchased the mortgages themselves

and now face ruin. The LAFs were doctored once again after being submitted! The evidence is

compelling. We need Royal Commission. MPs ignoring this problem will face the music eventually.

Joy Prins AUSTRALIA

about 1 month ago

Like

4

Nab confiscated my house despite the fact they never provided LAF paperwork that was correct

they lied on documentation and now put the house under the hammer they've got blood on their hands

Wayne Styles GOLD COAST, AUSTRALIA

about 1 month ago

Like

4


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Because these Banks are now CRIMINAL organisations.

Mark Garner AUSTRALIA

about 1 month ago

Like

4

My mother is a victim of a scam by ANZ. They gave her 6 loans without ever verifying her income.

They've even admitted that in writing and have stated that they don't have to verify income and that

ASIC is OK with that.

Stephen Rose AUSTRALIA

about 1 month ago

Like

4

I want to see a proper examination of the way Banks have 'ripped off' the people of Australia

Kathy Huston THE LEAP, AUSTRALIA

about 1 month ago

Like

4

Concerned about banks taking retirees homes

Dario Pappalardo AUSTRALIA

about 1 month ago

Like


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4

My family and I have been financially raped by the National Australia Bank 6 years ago . Banking

employees need to spend time in jail , including board members, valuers, solicitors, receivers and any

one that associates and contributes to the entrapment and the than subsequent take down of small to

medium businesses. The Royal Commission is necessary , now.

Murray Vincent AUSTRALIA

about 1 month ago

Like

4

I had to sell our home to pay-out home-investment loans

Stephen Young AUSTRALIA

about 1 month ago

Like

4

I was duped into a financial product which was already failing, and my money was being used to

prop up others investors schemes. I sure that makes it a ponzi scheme, but no one seems to care about

me and the fact it has delayed my future of owning a home. The banks and government regulators dont

care about hard working aussies. I will never trust another financial advisor or so called professional for

advice again. This whole Timbercorp business is a disgrace.

Peter Spelta TOWNSVILLE, AUSTRALIA

about 1 month ago

Like

4


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The Commonwealth Bank stole my home by using illegal forged documents and fraud and I would

like it back and them to be all punished as the criminals they are, we NEED a Royal Commission into

banking corruption NOW. Please help by signing this petition and sharing it with all your friends.

Gordon Meredith AUSTRALIA

about 1 month ago

Like

4

Storm Financial victim.

Gwynne Meredith AUSTRALIA

about 1 month ago

Like

4

Storm client

Luke Vogel AUSTRALIA

about 1 month ago

Like

4

CBA - fraud, malpractice and lawyering up to avoid the truth and avoid having a precedent set.

Lynette Murray AUSTRALIA

about 1 month ago

Like

4


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I have to sell my house because of Storm Financial and the Banks

sidney watson KARRAGULLEN, AUSTRALIA

about 1 month ago

Like

4

My family of four children and myself and husband lost our family home of 30years and two

investment propperties to proven bank fraud by the commonwealth bank and Suncorp bank. The broker

seemed to submit out Loan application form with False declaration of income, buffer loans of $180,000and stating that we had purchased a $50,000 boat and falsely stating that we took out the loan for a

$100,000 holiday, NEITHER of these were known to us and we have never taken any holidays of any sort

nor of that expense ever. A trip that we made in approximately 2002 was paid for by saving our money

and making deposits. NO LOAN was ever taken out. But, what we have uncovered is that we as

homeowners fighting for our homes, have discovered a culture of Lenders Insurance fraud, with the

Lenders Mortgage Insurance which most banks take out on us. Genworth does not seem interested in

this rort. Houses, excessively overvalued. No better than the Federal Reserve Banks Scamming racket

with selling our Plastic note to countries inASia, which we have all been silenced to talk about! WE are

not stupid we all know what is going on. The scam goes right to the top of the GOVernment and

judiciary. I lost my home, my family and what has this government done for us? Nothing. I sent an emailto Hon. Don Randel, I spoke to him at a meeting to ask for help, he wasn't the slightest bit interested in

our plight of bank fraud nor in a friend whose bank, turned his loan into multiple loans and stole ALL THE

DEPOSITS that he made. I found 4 loans which he had no idea of. When is anyone going to act. We

demand DEMAND, DEMAND, a royal commission into the banking sector and DON'T TRUST WHAT THEY

REPORT. THIS NEEDS TO BE INVESTIGATED BY THE INDEPENDENT FRAUD SQUAD, NOT THE BANK CEO's.

they are ALL CORRUPT. ALL OF THEM.I have heard of a leaked email from the Conbank TO CHIEF JUSTICE

FRENCH HIGH COURT AUST.SAYING THAT HE WANTED A RESULT QUICK. CHIEF JUSTCE FRENCH REPLIED,

"DONE' mine was the only case before the high court involving COmmonwealth Bank the week of

January - February 2013. I would need to get the exact date to give an exact account. This is serious

TREASON and FRAUD in the Highest places. WE expect honesty from you Parliamentarians. you are theservant of the people. SERVE us.

William Miller AUSTRALIA

about 1 month ago


49/178

49 | P a g e

Like

4

Timbercorp invested who has been ripped off

Sebastian Carnemolla AUSTRALIA

about 1 month ago

Like

4

LOAN TRACK INFILTRADE HERE FROM FIRM SIMMONS LAWER THE OFFICE IS NEW YORK CITY THIS

IS SOFTWARE WICK GO TO YOU PERSONAL BANK SETTAR LOOK ALL YOU INCOME & IF YOU ARE LOWER

ON MONEY THE BROCKER NOCK TO YOUR DOR ASK IF YOU WANT LOAN RIFANANCE THIS HAPPEN TO

ME ON 2004 TILL NOW ALL DESTROING ME ALL AUSTRALIAN FAMILY

DOUG HALLETT AUSTRALIA

about 1 month ago

Like

4

Because the big four have a monopoly.

charles baker PATTAYA, THAILAND

about 1 month ago

Like

4

I invested in Australia expecting a honest financial system, only to loose it all, I am one of the

pensioners who was targeted.


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Hifumi Robbie AUSTRALIA

about 1 month ago

Like

4

People before profit comes first

Robert Smith Novak AUSTRALIA

about 1 month ago

Like

4

We have lost everything because of the maladministration and fraudulent activities of the CBA

bank its officers and staff.

Amanda Donoghue POTTSVILLE, AUSTRALIA

about 1 month ago

Like

4

The banks need to apply and demonstrate a duty of care to people and act in their best interests !


about 1 month ago

Like

4


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We cannot allow these Banksters to continue on and ruin the lives of the next two generations.

They already have ruined things for First Home Buyers by blowing toxic bubbles into the property

market.

sue Donohue MELBOURNE, AUSTRALIA

about 1 month ago

Like

4

Royal commission is URGENT. The banks, regulators and financial product sellers have hoodwinked

the Australian public into products that do no more than swell the coffers of these agencies and keep

the public poor. Its about power and control, big time.

Kaye Downer AUSTRALIA

about 1 month ago

Like

4

Justice for victims of bank fraud

Julie Wignall AUSTRALIA

about 1 month ago

Like

4

We have lost so much because of bullying and fraud from the Commonwealth Bank and itsManager!!!!!


about 1 month ago


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Like

4

I see over 1500 people suffering and know there are over 200,000 people with toxic loans

Una Robinson GLASS HOUSE MOUNTAINS, AUSTRALIA

about 1 month ago

Like

4

I lost all my income earning financial assets thanks to Banks.

Greg Wignall AUSTRALIA

about 1 month ago

Like

4

We have been defrauded by the CBA and ANZ Banks!!!!

Michael Downer AUSTRALIA

about 1 month ago

Like

4

Justice for victims of bank fraud

Thi Chau AUSTRALIA

about 1 month ago


53/178

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Like

4

We are suffering from fraudulent bank loans.

Neil Toplis AUSTRALIA

about 1 month ago

Like

4

Victim of fraudulent lender practices.

sylvia blayse BRISBANE, AUSTRALIA

about 1 month ago

Like

4

I nearly lost my home due to fraudulent advice

Leonie Montgomery AUSTRALIA

about 1 month ago

Like

4

Stripping retirees of their hard earned life assets

Graham Thomas AUSTRALIA

about 1 month ago


54/178

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Like

4

I am now facing the prospect of losing my home and business premises because the bank what's

me to pay 20 percent interest on a credit card that was given to us with a loan that I should not have

been given and was used to only pay the loan.

Carol Knight AUSTRALIA

about 1 month ago

Like

4

This has affected my daughter and her family. She has lost her house

Norm Hay AUSTRALIA

about 1 month ago

Like

4

We were caught up in the Westpoint debacle and lost a great deal of our Super money.

Andrew Davey AUSTRALIA

about 1 month ago

Like

4

The banks have committed fraud against many innocent customers over many years. A Royal

Commision MUST happen so that the banking criminals are brought to justice and the innocent victims

are rightfully compensated.


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Simona Oprea AUSTRALIA

about 1 month ago

Like

4

Banks and financial institution should practice responsible lending. My gripe is with ANZ and their

loose lending practices around 2008. Creating loans just to "invent" funds and rip off customers in the

process should be illegal.

Graham Gilmore AUSTRALIA

11 days ago

Like

3

so many lost so much

Julie Butler AUSTRALIA

11 days ago

Like

3

As a pensioner I am very worried about the way the banking system is going in Australia. It is all

designed to take money off those who can least afford it.

Jan Conaglen AUSTRALIA

11 days ago

Like

3


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I am 70years and stand to lose my house because now I am on the age pension ( I lost all my

superannuation and re mortgaged my home on a storm financial reps advice) I can no longer meet the

ANZ repayments.

Jo K AUSTRALIA

11 days ago

Like

3

Mushroomed Senators have to dig through the bullpoo and the darkness before they'll see thebiggest mess ever. It's bigger than Ben Hur!

JR Budod AUSTRALIA

11 days ago

Like

3

where is our foundations on ethics gone? i have kids and before I die money is what i do not want

to remember me -instead principles and values

Ann D. AUSTRALIA

11 days ago

Like

3

Those who grew up as the Nazis and Stalinists came to power know too well what happens when

greedy bankers go too far. In fact, the word 'greedy' is not strong enough to descfribe the financial rape

and pillage. The mafia probably drool over the racket these banks have.

Daniel Herron SPAIN


57/178

57 | P a g e

12 days ago

Like

3

I am now homeless as I lost my home along with my savings and if it was not for a dear friend I

don't know what would have happened

to me. Good luck, let's hope we all get our monies returned . keep up the good work ,and don't let

the directors of LM get away with this scam .

Brian Fuller AUSTRALIA

12 days ago

Like

3

They are feathering their nest at our expense.

Adrian Coram AUSTRALIA

12 days ago

Like

3

Corruption and nefarious practices in all aspects of all types of banking has become one of the

most important and urgent issues in the world today as it affects the livelihood of all people and the

stability of the world economy with a tiny minority of corrupt self-serving bankers controlling themajority of the worlds wealth

Donald Forno AUSTRALIA

12 days ago


58/178

58 | P a g e

Like

3

Extreme need to pull all financal institution into tight control following the Storm collapse where

my signature was forged to serve as an application request for additional borrowings and wasn't realised

until too late when it was bought to my attention by ASIC investigators. At the end absolutely NOTHING

was achieved.

Stephen Boothby PROSPECT, AUSTRALIA

12 days ago

Like

3

The banks create money as per Bank of England paper Money Creation in the modern economy.

The banks stand to lose nothing out of the transaction yet claim your private property. This is contrary

to both the common law and the Bills of Exchange Act 1909 where equal consideration is required.

Equal consideration means both parties stand to lose the same.

Aaron Isherwood AUSTRALIA

14 days ago

Like

3

Banks need to be regulated! Full Glass-Steagall banking separation should be debated to protect

the economy.

g williamson AUSTRALIA

14 days ago

Like

3


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The ceos' outrageous bonuses depend on forgeries and frauds on shareholders too. If our

politicians can't see what went on, maybe a RC will open their minds.

Frank Saez KINGS LANGLEY, AUSTRALIA

15 days ago

Like

3

The banking system is a total fraud.

F. Canavan AUSTRALIA

15 days ago

Like

3

Free Bernie Madoff, and jail the Aussie architect of the securitization ponzi scheme.

BRIAN COLE WITHAM, UNITED KINGDOM

16 days ago

Like

3

Investors need to be protected

ERIC PHILP AUSTRALIA

17 days ago

Like

3


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SIX Years have passed since we were crushed by the GFC,Storm Financial and some of our Major

Banks, several Millions of Dollars and many hours spent in the Courts.Many questions remain

unanswered,many appear to have been swept under the Political Carpet , I support the Petition by theBFCSA (inc) 100%


18 days ago

Like

3

83 Companies Collapsed and more on the way.......MPF, MFS, Storm, Provident, Banksia,

Westpoint, Fincorp, Babcock, Prime Trust, Bridgecorp. To name a few. People suffering loss, including

thousands in 12 other countries because they trusted the Australian Regulatory System. A Royal

Commission is long overdue. All of the Control Fraudsters had University Educations..............think about

it. The sellers were kept in the dark and given sales "spiels." ASIC sat back laughing. CBA chap just

admitted he was trained to teach sellers the "pitch." See Page 6 sub 3 in Fawcett Inquiry. We will

achieve our Royal Commission. The banking and finance industry is maggoted to the core, aided and

abetted by a duplicitous regulator.

David cairns SPAIN

19 days ago

Like

3

because me and my wife ran our own business for 26 years and saved hard for our retirement, now

these scum bags have stolen it all

Max Bolte LENNOX HEAD, AUSTRALIA

20 days ago

Like

3


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The Australian banking system was stuffed the day the traitor politicians flogged our people's bank.

Jennifer Block WORONGARY, AUSTRALIA

20 days ago

Like

3

I believe this commission is well overdue into the most corrupt and morally unjust institution in

Australia!

Barbara Armitage AUSTRALIA

20 days ago

Like

3

I have been defrauded in the sum of $435,000.00 by a financial institution. Whilst researched the

lender and the broker I found other people who had also been defrauded in sums between $15,000 and

$900,00. My matter went to COSL who did not deal with and it is now with the fraud squad.

Maria Altenhofen AUSTRALIA

21 days ago

Like

3

Because I am one victim of the banks fraudulemt actions.

Kenneth Kinghorne AUSTRALIA

21 days ago


62/178

62 | P a g e

Like

3

The banks must be brought to account.

Raquel Witjes AUSTRALIA

21 days ago

Like

3

just simple truth ..to know what is legal and illegal banking procedure such as bank

lending..educate bank consumers..stop bank greed and fraud..punish bank corporate bosses down to

small branch staff who willingly participated in bank's fraudulent acts for money reward..

Karen Winchester LITTLE MOUNTAIN, AUSTRALIA

21 days ago

Like

3

Banks and banking institutions have been getting away with too much for too long. They need to

answer for the way they do business.

N&K Kyriacou AUSTRALIA

21 days ago

Like

3

They ruined economies and lives, and they'll do it again soon


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Jason Yap AUSTRALIA

22 days ago

Like

3

I have been affected by the same issue. ASIC only slap the hand of the lender and ASIC says "we are

not here to help you what we can only do is to prevent the same thing happening to other people" . i am

still going through it with no end in sight and facing prospect of bankruptcy.

keith Mcintyre BRISBANE, AUSTRALIA

22 days ago

Like

3

corruption in banking and government must be exposed for the well being of our nation

Trypheyna McShane SYDNEY, AUSTRALIA

23 days ago

Like

3

This is vital to me because I am one of these Australians who have lost their home, their Super,

their work and their dreams through this shockingly immoral, unethical and illegal behaviour. I also

personally know of many others who are in the same position as us, also at or close to retirement age. It

is absolutely true that 6 years ago we did own our own home, almost completely paid for, on the

northern beaches of Sydney, and since then have had to live in a 16ft caravan, which thankfully we still

own. The corrupt behaviour we have been on the receiving end of that has brought about this situation

is unconscionable and so dangerous for this country. These are really good hard working people who are

being dropped to their knees through outright greed and lack of moral integrity. It is time for this to stop

- NOWA Royal Commission will help prevent any more deliberate abuse of good Australian people,

when the shocking reality of this massive scandal is finally exposed.


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Ronald Robinson AUSTRALIA

25 days ago

Like

3

Storm financial debacle.

Evan Jones SYDNEY, AUSTRALIA

26 days ago

Like

3

The corruption amongst the private players is pervasive; the complicity amongst the regulators is

comprehensive. The customers have had it with the hypocrisy.

Kerry Watts AUSTRALIA

26 days ago

Like

3

Because I have lost both my family home and another property due to low doc loan & incorrect

information submitted on loan for approval.


26 days ago

Like

3


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Reverse Mortgages another big trap and 65,000 sold. More heartache from Banks delivered to

Australian Citizens. Bank Profits at $30 billion? Ill-gotten gains from Profiteering, Racketeering all with

ASIC's knowledge.

Money Money Money say the Bankers who receive average $40 million in exit bonuses, per

Banker.

G G AUSTRALIA

26 days ago

Like

3

My facebook feed in 'huge' and I saw the ABC Lateline report last night - and its shocking. You

should se the movie with Jeremy Irons and Demi Moore called Margin Call! Spread the youtube clips on

facebook, I think, and wake people up.

Brian Cremona AUSTRALIA

27 days ago

Like

3

Low doc loans should have never been implemented, deceiving way of putting profits before

people !!!

David Woods AUSTRALIA

27 days ago

Like

3

The Banks need to be reduced and put back in line.


66/178

66 | P a g e

Debra Engel BALWYN, AUSTRALIA

27 days ago

Like

3

it is immoral

Leanne Claire AUSTRALIA

27 days ago

Like

3

Stop the fraud!

ROGER SHOTTON WASHINGTON, DC

27 days ago

Like

3

I LOST A HUGE CHUNK OF MY LIFE SAVINGS WHICH SEVERELY AFFECTS MY RETIREMENT PLANS -

AND I WOULD LIKE TO ENSURE OTHERS AVOID A SIMILAR FATE.

daniel delamere AUSTRALIA

28 days ago

Like

3

Family is affected


67/178

67 | P a g e

kirby summers AUSTRALIA

28 days ago

Like

3

Family is affected.

Kerry Budworth GOLD COAST, AUSTRALIA

28 days ago

Like

3

FRAUD STARTS BEFORE YOU EVEN SIGN ....the fraud lies within the criteria they have put in

place....as to how much you earn, living expenses..etc....

my reason for signing....why when you don't fit their criteria, they say no to a loan you know if

affordable, that you can manage, because you are already paying as much rent as what the repayments

would be. Or you are already paying for a loan with much higher repayments.

NO to an affordable loan, but hey there is a loan you can have....Low Doc..now called an

ALTERNATIVE DOCUMENTATION LOAN...and it's only twice the amount of interest and repayments...we

can lend you the money for your home...just need your home as security...and for you to pay a

Mortgage Risk Fee (this is instead of Lender Mortgage Insurance as this doesn't pay them when fraud is

involved)

Of cause they know you will eventually default...but it's legal to sell your home....they don't loose.


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The only risk is for the borrower to loose everything they have, every cent they had trying to keep

up with the payment.

And this is Okay??? This is not fraud..extortion ...corruption ???

The Government changed the legislation to make a lot of this okay, ASIC, FOS, COSL all have rules

and terms of reference as to Determination (no Resolution any more) COSL won't look at a case if there

is any fraud involved and sends you off to FOS whose terms of reference are twisted to favour the

Lender. They are all in breach of acting as advocates for their members.

The Government knowing, helping them....OF CAUSE THEY DON'T want a Royal Commission.

MAYBE we need a Royal Commission into the GOVERNMENT FIRST!!!

John Telford AUSTRALIA

28 days ago

Like

3

ASIC can not be trusted.

Carla Andrews MAROUBRA, AUSTRALIA

28 days ago

Like

3

Principles

Nerrida Pohl AUSTRALIA


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28 days ago

Like

3

I am a victim of a NAB mobile broker approving a loan of 500,000 when I was in the middle of a

divorce and my personal assets were unknown. I am 65 and he wrote that I am smart enough to pay off

the principle at 75. I am u employed and the NAB took my tiny studio home that was unmortgaged as

security this year. The Family Court need the matter dealt with but NAB just referred the matter to the

Financial Ombudsman. I am stuck in their queue. This caused me to have a nervous breakdown a few

months ago and I was hospitalised for 6 weeks. There is no mention of my marital situation or of any

mortgages in the family estate on the documents my local branch showed me a month ago. I have never

seen this loan application. It even says I was living at my old family home that my ex-husband occupies. Ihave never read or signed this.

Rob Holden AUSTRALIA

29 days ago

Like

3

I was defrauded out of my house because the bank did not undertake any due diligence of the loan

application which was prepared fraudulently.

Donna Fleming AUSTRALIA

29 days ago

Like

3

I agree

Rosanna Payne AUSTRALIA

29 days ago


70/178

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Like

3

Storm Survivor had our life savings taken by questionable dealings with the banks...

Linda Ahern AUSTRALIA

29 days ago

Like

3

We are involved in the Storm

Financial debacle involving

the banks

Scott Harness AUSTRALIA

29 days ago

Like

3

I was caught up in the Storm Financial debarcle

Peter Gilmour AUSTRALIA

29 days ago

Like

3


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Because of the part the banks played in Storm Financial's clients losing most of their money.

Frank Gasparini AUSTRALIA

30 days ago

Like

3

Because the CBA has STOLEN part of our lives through the Storm Financial collapse

Todd Cranston AUSTRALIA

30 days ago

Like

3

Victim of storm financial, and CBA resolution scheme

ken Jones AUSTRALIA

30 days ago

Like

3

i am a stormie

rob jonker AUSTRALIA

30 days ago

Like

3


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Storm financial investor burned by cba


30 days ago

Like

3

The entire system of financial advice and banking is a shambles and non enforcement of law is

protecting the billionaire villains who control the banking sector............Did you lose money to a

collapsed firm and if so which collapse was that?

Vivienne Garrett PERTH, AUSTRALIA

about 1 month ago

Like

3

Banking fraud is illegal

Graham Baillie HERVEY BAY, AUSTRALIA

about 1 month ago

Like

3

Because fraud against the Sovereign people of Australia is a crime no matter who does it.

Richard Gass AUSTRALIA

about 1 month ago

Like


73/178

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3

enough is enough

Roshika Akhil CARSELDINE, AUSTRALIA

about 1 month ago

Like

3

Directly impacted by ANZ bank fraud

ben gerblich AUSTRALIA

about 1 month ago

Like

3

The bank loaned me money when I couldnt afford it. Bank didnt do propper checks on me. Broker

just wanted a contract. Your welcome to contact me.

Glenda Southby AUSTRALIA

about 1 month ago

Like

3

This is an outrage!!!!

Cris Geri AUSTRALIA

about 1 month ago

Like


74/178

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3

Interest charged on created credit is absurd and immoral.

Glen Hale BRISBANE, AUSTRALIA

about 1 month ago

Like

3

House prices are becoming a ponzi scheem for the banks... as IR come down more will be sucked

into buying ..until it all tanks

murray mackenzie BRISBANE, AUSTRALIA

about 1 month ago

Like

3

TBTF is wrong direction Glass-steagal and sovereign credit make bank a community service

Grant Saunders AUSTRALIA

about 1 month ago

Like

3

Agree with RC

Edward Evans ENOGGERA, AUSTRALIA

about 1 month ago

Like


75/178

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3

Because the issue which has swept down the centuries and which will have to be fought sooner or

later is the people versus the banks. Lord Acton.

Rose Mathews SYDNEY, AUSTRALIA

about 1 month ago

Like

3

We need a Royal Commission into the banking system urgently

Peter Dunell AUSTRALIA

about 1 month ago

Like

3

There is so much evidence out there at present that the banks have done wrong to so many

ordinary Australians and ruined their futures that we cannot in all conscience sit by and not hold their

senior management to account.

George Ongarezos AUSTRALIA

about 1 month ago

Like

3

Given interest only loans at 63 years of age


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The final loan was higher than agreed

Asked for no exit strategy

Percentage of Loan 13-14%

Bank LIBERTY Financial Toxic loan, now at 68 i cant afford to repay the loan!!

Callie Ewing AUSTRALIA

about 1 month ago

Like

3

We are victims with fraud on our loan applications.

Cherie Barry AUSTRALIA

about 1 month ago

Like

3

I lost $160,000 in the Westpoint collapse

Yonghee Hong AUSTRALIA

about 1 month ago

Like

3


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Recommended by friend

Wayne Godwin AUSTRALIA

about 1 month ago

Like

3

The truth!!

Buyoung Whang AUSTRALIA

about 1 month ago

Like

3

I support this cause for my husband

Rosemary Winspear WATTLE GROVE, AUSTRALIA

about 1 month ago

Like

3

i demand a Royal Commission into Australian Banks

Brent L'Amie AUSTRALIA

about 1 month ago

Like

3


78/178

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9 years ago we were given a home loan that will not be paid off until we are 72 and 73 years old.

They should have refused to lend us the money as there is no way we will be still working to be able to

pay it off.

lee woldt IPSWICH, AUSTRALIA

about 1 month ago

Like

3

So we can get compo on what we lost due to NAB stuff up

Maureen Megay AUSTRALIA

about 1 month ago

Like

3

We have been left with a massive mortgage and we originally owned our own home so the Banks

were all in cahoots with the financial planner.

Antonia Champion ROCKHAMPTON, AUSTRALIA

about 1 month ago

Like

3

People's lives have been devasted.

Ann Kristine Lipnik DRUMMOND COVE, AUSTRALIA

about 1 month ago

Like


79/178

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3

because I have a family member who is a victim of this fraud

Former Rusted-On Liberal Party member. AUSTRALIA

about 1 month ago

Like

3

Just a heads up but people who recommend political candidates are saying that Corrmann has to

'go'. He can take Joe Hockey with him. In the same breath I will add that senior ALPers knew the same

things that Clinton & Obama did in 07 when she used the same Fraud word that US AG Eric Holder did

when he fined Citi $7 billion (and that had $2.5 billion of public housing and mortgage relief in it too btw

- sweet). So the ALP better lift their game too.

Elizabeth Brownlie MYOCUM, VIET NAM

about 1 month ago

Like

3

Banks have operated with a frightening lack of transparency and integrity, in collusion with

financial planners, to sell their products for their own profit. All this with no regard for the needs and

situations of customers, may of whom are now financially ruined. But banks and financial planners keep

their millions of dollars profit from these systemised schemes and re-possess people's houses.

Investigate this!!!


about 1 month ago

Like

3


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ASIC should be investigated for malfeasance in public office and serve life in chains breaking rocks

in the colonies.

Barry Landa VAUCLUSE, AUSTRALIA

about 1 month ago

Like

3

I am a victim of bank forgery and fraud

Ian Hook AUSTRALIA

about 1 month ago

Like

3

I believe an unjust act was committed against my friend by the bank and advisor


about 1 month ago

Like

3

Report ASIC to the Vetinary Board - they're are useless as tits on a bull :)

Sharon Taylor AUSTRALIA

about 1 month ago

Like

3


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I have been personally affected and want to see urgent reforms.

roger myttonwatson AUSTRALIA

about 1 month ago

Like

3

we lost our home and 2 investment properties, but we can't seem to get nyone to listen to our plea

for justice. My family requires a Royal Commision to find the cause of this fraud. I was not a part of th

fraud. I am a VICTIM

Tony Burke BANGKOK, THAILAND

about 1 month ago

Like

3

Lost my life savings to LM investment Ponzi fund

Hal Heavenward EUNGELLA, AUSTRALIA

about 1 month ago

Like

3

To bring to light the corruption , and manipulation of the population, by the Banks, courts, and all

corporate entities masquerading as government

Heather Coombe AUSTRALIA

about 1 month ago


82/178

82 | P a g e

Like

3

Long time friend involved.

jenny boswood AUSTRALIA

about 1 month ago

Like

3

To stop Nab using corrupt/fraudulent methods when assessing loans.


about 1 month ago

Like

3

So Bankers collected$100 million in bonuses as reward for running the biggest bank heists ever

seen in Australasia? They crossed the ditch and did the same to NZealanders.

Sebastian Carnemolla AUSTRALIA

about 1 month ago

Like

3

I will like to all people of all state to make mass rally in front of entrance of parliament house, of

Canberra with board sign documents media radio tv & Denise Brailey

Rhonda Davey AUSTRALIA


83/178

83 | P a g e

about 1 month ago

Like

3

My family had $2million in equity deceptively stolen by Homeloans Ltd and a very friendly and

convincing broker. The bank used a service calculator to estimate our income as $625,000, at the time

both my husband and I were unemployed (but we had equity). Homeloans and the broker fraudulently

sold us the story that this income figure included capital growth !! That was deception. Homeloans failed

to substantiate the income figure with facts, further lies. A Royal Commission is the only way to bring

these criminals to justice.

Roger Corben HUONBROOK, AUSTRALIA

about 1 month ago

Like

3

IT time, this has been going on for too long and too many people have suffered

Stacey Whitelaw AUSTRALIA

about 1 month ago

Like

3

I been caught before

Carol Gram BRISBANE, AUSTRALIA

about 1 month ago

Like

3


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84 | P a g e

Banks are not above the law and must be held accountable. Pensions should never be in the hands

of banks who,s only interest is to make a PROFIT any way they can. Moral Responsability, Integritty,

Honesty In all dealings. How long since these were "THE NORM" not the "ECEPTION TO THE RULE"

Greg Farley WORONGARY, AUSTRALIA

about 1 month ago

Like

3

I support a ro

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Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks

Documents