by Nick Rainsford | 11 Nov 2015 | Business, General, Investments
A few weeks ago, I wrote an article entitled Picking Winners. It has since been pointed out to me by a few readers that the opposite is in fact true in banking. That is, banks look into a crystal ball and through the eyes of their credit management try and pick the...
by Nick Rainsford | 2 Aug 2015 | General, Home loans, Investments, SMSF
Let me give away the ending. Because they can and because the Government is allowing them to. The banks have silently reacted to the threat of regulatory capital restrictions (imposed by the Government) by raising interest rates on investment loans. Every investor...
by Nick Rainsford | 25 Jul 2015 | Business, General
…How do they develop effective products? Many lenders have large product teams with the appropriate level of junior, middle and senior management. The collective wisdom is that these product teams use analysis of data extracted from their clients to create a...
by Nick Rainsford | 4 Jul 2015 | Business, General, Investments, SMSF
When we go for a drivers licence we are classed according to the type of vehicle we’re trained in. Most of us would not be allowed to drive a semi-trailer without the appropriate training and licence. Each year we re-new those licences. Banks are similar in that APRA...
