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Time is up for the Reserve Bank of Australia (RBA). You may recall we lodged a Freedom of Information (FoI) request with the RBA in December last year. From 6th December the central bank had thirty days to respond to our application. Today is the thirtieth day. We’ll see if we get a reply. All [...]

“How did we get so rich” asks today’s Australian Financial Review (AFR). We think the AFR was asking a question. Although the lack of a question mark suggests otherwise. Anyway, who are we to pick bones on someone else’s grammar? We couldn’t even get our headline right the other day. The story on page 32 [...]

Before I get stuck in to today’s Money Morning a quick note on our publishing schedule over the holidays… This week will continue as normal… as you’d expect. Next week, from 27th December until 31st December each day you’ll get something a bit different. The editors of the five subscription based newsletters we publish have [...]

If you haven’t found the time to read the transcripts from the Senate economics select committee I suggest you find the time. Simply because comments from two National Australia Bank [ASX: NAB] executives confirm – that’s right, confirm – everything we’ve written about NAB’s secret bailouts in 2008 and 2009. You can download the transcript [...]

More annoying banter from your editor to the ASX: “So when can we expect the ASX to make an announcement on this? “I’m sorry, but this is a no-brainer. As I say, the ASX’s own website states: Timely disclosure must be made of information which may affect security values or influence investment decisions, and information [...]

Today, I’ll let you in on the latest to and fro between your editor and the hapless Australian Securities Exchange (ASX). Yesterday we received this reply from the ASX: “Yes, ASX does issue what are often referred to as ‘speeding tickets’, in the form a Price query. “Price queries are generated entirely because of unexplained [...]

It’s all very exciting. <Yawn> The Senate Economics References Committee Inquiry into Competition in the Australian Banking Sector kicks off today. <Yawn> Which pretty much sums up the view from Money Morning reader Chris, regarding our banking series last week: “OK – mega bored with this story now!” Unfortunately for reader Chris, your editor isn’t [...]

Today’s Money Morning contains a special surprise for you… With the help of one of my colleagues I’ve produced a short cartoon video. It’s based on our revelations surrounding the Aussie banking bail outs. Hopefully you’ll like it. And if you really like it perhaps you’ll forward it to your friends. Then they can find [...]

The Secret Bank Loans saga continues. Your editor has lodged a Freedom of Information (FoI) request with the Reserve Bank of Australia (RBA). From what we’ve been told, the RBA has thirty days to process our request. In a nutshell we asked for all internal and external communications from and to the RBA about National [...]

You’ve read a lot about the banks in Money Morning during the past week. And today is no different. So strap yourself in… Yesterday we gave you the reply we’d gotten from the Reserve Bank of Australia (RBA). We’d asked them when the RBA had been told about National Australia Bank [ASX: NAB] and Westpac’s [...]