Jamesklegal in Ipswich, Queensland | Lawyer & law firm

Jamesklegal

Locality: Ipswich, Queensland

Phone: +61 7 3202 2700

Address: 8 Mortimer Street 4305 Ipswich, QLD, Australia

Website: http://www.jamesklegal.com.au/

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24.01.2022 The banks have now agreed to waive any confidentiality agreements, but its still not looking good for victims of falsified loan applications.

24.01.2022 Some tips from Worrells worth reading. http://mailchi.mp/worrells/focemwi18l-1321025?e=7806e049cb

24.01.2022 For anyone interested in what s.44 of the Constitution actually says of what disqualifies a person from being a parliamentarain, here is the section courtesy of Austlii:- COMMONWEALTH OF AUSTRALIA CONSTITUTION ACT - SECT 44 Disqualification COMMONWEALTH OF AUSTRALIA CONSTITUTION ACT - SECT 44 Disqualification... Any person who: (i) is under any acknowledgment of allegiance, obedience, or adherence to a foreign power, or is a subject or a citizen or entitled to the rights or privileges of a subject or a citizen of a foreign power; or (ii) is attainted of treason, or has been convicted and is under sentence, or subject to be sentenced, for any offence punishable under the law of the Commonwealth or of a State by imprisonment for one year or longer; or (iii) is an undischarged bankrupt or insolvent; or (iv) holds any office of profit under the Crown, or any pension payable during the pleasure of the Crown out of any of the revenues of the Commonwealth; or (v) has any direct or indirect pecuniary interest in any agreement with the Public Service of the Commonwealth otherwise than as a member and in common with the other members of an incorporated company consisting of more than twenty-five persons; shall be incapable of being chosen or of sitting as a senator or a member of the House of Representatives.

24.01.2022 Slipping cases are very difficult to win when the shop has a decent inspection and clean up policy.

22.01.2022 If high profile deals and dealers arent checked as the code of banking practice requires, no wonder thousands of mum and dad loans are dodgy. When are the regulators going to investigate and redress this?

22.01.2022 Fingers crossed that this progresses and includes the victims of falsified loan applications that lenders failed to vet.

22.01.2022 Hopefully, this post Royal Commission compensation scheme may bring some justice to the victims of falsified loan applications and of the Banks failure to vet them, but theres no time to waste as it appears the window will only be open for 12 months and apply only to loans made after 1 January 2008. http://theconversation.com/compensation-scheme-to-follow-ha

21.01.2022 Looking forward to seeing the details. Fingers crossed.

20.01.2022 Fingers crossed ...

18.01.2022 Finally, someone in the regulation sector, tells the truth about ASIC.

18.01.2022 A full scale inquiry of ALL lenders should have been made as soon as the systemic abuse of lo doc and no doc loan applications was discovered, and that was at least 7 years ago!

17.01.2022 Don't think you can disparage someone using a false name on google, because a court may require google to disclose what identification tags it has for the person. Its likely facebook will be confronted with this too. https://www.abc.net.au//gangland-lawyer-zarah-ga/11982866

17.01.2022 $500 billion in loans partly based on falsified loan applications, a significant proportion of those through brokers and indeed, bank staff or others in the six degrees of lending separation, total avoidance of the Code of Banking Practice to vet repayment ability and yet ASIC has said there is no evidence of systemic fraud! Beggars belief. Come on Senators Williams and Cameron, get ASIC and the bankers back to your Economics Committee to explain.

17.01.2022 They might say that all publicity is good publicity, but I would be happy not to receive publicity such as this.

16.01.2022 OK Barnaby, you want to know what a commission will do that you cant do:- nothing, but its about what a commission would do immediately and totally that parliament cant be bothered with. Tens of thousands of people have been smashed by the lending system and ASIC and APRA have failed them. Get on with it.

16.01.2022 The corporate regulator has its strings pulled? Never ....

16.01.2022 Today's laugh:- ASIC says they weren't soft on banks! What about the thousands of falsified loan applications you said wasn't evidence of systematic fraud? What about Adele Ferguson's claims that you asked the banks to vet your media releases about them? As tough as marshmallows. https://www.adelaidenow.com.au//bd0d8bd3f5c7a705519f702a3d

15.01.2022 It is ten years since I became involved in the falsified loan application farce yet to date, only the CBA and NAB in the Storm cases, did anything about it. ASIC needs including in any followup. https://www.smh.com.au//sickening-bank-behaviour-shows-nee

14.01.2022 As expected, the Royal Commission is roasting the brokers who recommended bigger loans just so they would earn higher commissions and the banks are looking pretty battered for not checking loan applications, particularly falsified ones. But I dont see anyone putting their hand up, like the CBA did in the Storm case, and saying we were wrong, we will fix it and setting up a resolution scheme like we had there.

13.01.2022 Did you know that if you buy new residential premises or potential residential land, the GST has to be remitted to the ATO on settlement? Your solicitor will help you ensure you comply with this new requirement that came into effect on 1 July 2018. Find out more here:

12.01.2022 OK, so theyd do anything to avoid a royal commission, so when are they going to appoint a simple panel to resolve all the loan applications that were falsified that they didnt vet? https://www.brisbanetimes.com.au//banks-ditch-atm-fees-but

12.01.2022 APRA stands for Australian Prudential Regulation Authority, it is a statutory authority under the Treasury umbrella, but like ASIC, has failed us badly. https://www.brisbanetimes.com.au//apra-boss-says-regulator

11.01.2022 https://mobile.abc.net.au//financial-regulators-h/10427188

10.01.2022 As with the failure to do their job in the banking sector, now its the franchising sector. Once upon a time, Government appointed regulators answered to a Government department and a minister was responsible. What happened to that? https://www.theage.com.au//jig-is-finally-up-for-the-shame

09.01.2022 Great article, but will anything be done? https://www.theage.com.au//blowtorch-on-apra-reveals-cultu

09.01.2022 A piece on ASIC's responses to various matters of bank misconduct, written by Michael West. https://www.michaelwest.com.au/investigation-how-the-gover/

08.01.2022 Todays laugh:- ASIC says they werent soft on banks! What about the thousands of falsified loan applications you said wasnt evidence of systematic fraud? What about Adele Fergusons claims that you asked the banks to vet your media releases about them? As tough as marshmallows. https://www.adelaidenow.com.au//bd0d8bd3f5c7a705519f702a3d

08.01.2022 The contractual warranty to assess loan affordability, has been in the Code of Banking Practice since at least 1994. Why are ASIC only taking this bank to task for its practices since 2011 when most of the falsification of loan applications and Code failures occurred before then? Do those victims miss out again?

05.01.2022 A piece on ASICs responses to various matters of bank misconduct, written by Michael West. https://www.michaelwest.com.au/investigation-how-the-gover/

05.01.2022 Mmm, very pleasing that some of the banks are not trying to hide, but will this bring out the falsified loan applications that they never checked?

05.01.2022 NSW has had unfair contracts legislation since 1980 and it has often been the only saviour for victims of loan abuse. Unfortunately, for all the loan victims of the 15 years before 2016, the new legislation is not restrospective. Only ASIC can rectify the damage done but it has steadfastly declined.

04.01.2022 We live in hope that someone will come in that will actively pursue marketeers, unlicenced wealth creators and loan application falsifiers.

03.01.2022 Testing the Commissioners patience now when they are essentially saying, we will do everything we can to avoid demanding the banks abide by the law. Just pathetic and its worse when you look at how ASIC failed to respond to falsified loan applications. https://www.brisbanetimes.com.au//why-not-just-say-do-it-a

03.01.2022 Testing the Commissioner's patience now when they are essentially saying, we will do everything we can to avoid demanding the banks abide by the law. Just pathetic and its worse when you look at how ASIC failed to respond to falsified loan applications. https://www.brisbanetimes.com.au//why-not-just-say-do-it-a

03.01.2022 Beware what you say in any form of multi person media, even texts. https://www.watoday.com.au//the-text-messages-that-cost-a-

03.01.2022 Nice win for ASIC, lets hope they turn King and the others upside down to actually recoup some of this for investors.

02.01.2022 Finally! Perhaps now, all the victims of falsified loan applications can be compensated.

01.01.2022 Dont think you can disparage someone using a false name on google, because a court may require google to disclose what identification tags it has for the person. Its likely facebook will be confronted with this too. https://www.abc.net.au//gangland-lawyer-zarah-ga/11982866

01.01.2022 Lets hope this doesnt turn into a political point scoring fiasco and is the precursor to an investigation into the victims of lenders breaching their warranty to not lend borrowers more than they can repay.

01.01.2022 Kell resigns, good. More grubby ASIC practices exposed at the Royal Commission even better. https://thewest.com.au//royal-commission-exposes-asic-in-c