Unimpressed posted:

What, are you a literal child? As if a woman who had been raped, is completely powerless, and is being held in detention needs the cops to drag hey to the door or threaten her? All she'd need to do is see them there, and she'd be scared shitless.

Your avatar text seems rather apt.

Fat Jesus posted:

loving lol. The cops are responding to her report she was raped. she refuses to press charges or say who when or what happened. If she could provide this somewhat important info I think you'd find she'd get quite a lot of help, which makes some wonder why she claims she was raped if she won't give any further details. Plus you don't have any actual evidence she agreed to be interviewed because she was poo poo scared unless you get all your news from sjw refugee activists on twitter.

Fat Jesus posted:

loving lol. The cops are responding to her report she was raped. she refuses to press charges or say who when or what happened. If she could provide this somewhat important info I think you'd find she'd get quite a lot of help, which makes some wonder why she claims she was raped if she won't give any further details. Plus you don't have any actual evidence she agreed to be interviewed because she was poo poo scared unless you get all your news from sjw refugee activists on twitter.

Jumpingmanjim posted:

First dogfucker on Nauru

Unimpressed posted:

I believe "SJW refugee activists" over Chris Kenny any day of the week and twice on Thursdays. It's because I'm not a piece of poo poo with legs (you do have legs, right?).

Laserface posted:

tell me more about how you believe people who think its cool to be offended by literally anything

Fat Jesus posted:

loving lol. The cops are responding to her report she was raped. she refuses to press charges or say who when or what happened. If she could provide this somewhat important info I think you'd find she'd get quite a lot of help, which makes some wonder why she claims she was raped if she won't give any further details. Plus you don't have any actual evidence she agreed to be interviewed because she was poo poo scared unless you get all your news from sjw refugee activists on twitter.

Laserface posted:

tell me more about how you believe people who think its not cool to be offended by literally anything poo poo on other people just because you have the position of power

Fat Jesus posted:

loving lol. The cops are responding to her report she was raped. she refuses to press charges or say who when or what happened. If she could provide this somewhat important info I think you'd find she'd get quite a lot of help, which makes some wonder why she claims she was raped if she won't give any further details. Plus you don't have any actual evidence she agreed to be interviewed because she was poo poo scared unless you get all your news from sjw refugee activists on twitter.

quote:

Bank lending lacked 'common sense', says APRA

The powerful banking regulator has criticised the mortgage lending behaviour of some banks before it stepped up scrutiny of the sector earlier this year, saying some lending standards had fallen to "horribly low" levels that lacked "common sense."

The chairman of the Australian Prudential Regulation Authority, Wayne Byres, also conceded that the regulator would have liked to uncover the poor lending standards earlier than it did.

His comments are the latest negative assessment of credit standards in the home loan market - a problem the regulator has sought to address through a series of curbs on bank lending activity.

The Reserve Bank last week also said lending standards in the property market - which the two regulators view as the main risk to financial stability - had been worse than thought.

Appearing before a Senate estimates in Canberra, Mr Byres highlighted the regulator's surprise at how far bank credit standards had been eroded by competition between banks.

It launched detailed reviews of the major banks' loan standards in the first half of the year, which led to banks toughening up their credit policies for many borrowers.

"We were a bit surprised by how much the competitive pressures in the industry and the competitive dynamic in the industry, had led people to do things, albeit at the margins but nonetheless, do things that were really in our view lacking in common sense," Mr Byres said.

These flaws in loan standards came despite repeated warnings from APRA over the housing market - where very low interest rates, rising house prices, and high household debt have increased the amount of risk significantly.

"We had spent a lot of time in 2013 and 2014 reminding [Authorised deposit-taking institutions], reminding their management, reminding their boards, about the importance of lending standards, we sought assurances from boards that they were on top of these issues," he said.

Later in the hearing, Mr Byres defended APRA's 10 per cent cap on housing investor credit growth against claims it was preventing some smaller lenders from competing aggressively in regional areas where house price growth was soft. He argued competition between banks had dragged loan standards to "horribly levels" in some areas.

"I don't deny there's an element of bluntness to it, and it's very difficult for us to go around and say the right number in this postcode is 'X' and the number in another postcode is 'Y,'" he said.

"Does this have competitive implications? Yes it does, but the whole issue I think started because competition was driving standards to a horribly low level."

Mr Byres said APRA wished the problems had been detected earlier than they were, but argued standards had improved over this year.

"With the benefit of hindsight, obviously we wish we got onto this a bit sooner, but we are where we are. If we act too soon we get accused of being too interventionist and managing institution, it's a delicate balance to be had," he said.

Mr Byres said the quality of lending now was "noticeably superior" than what was happening before it wrote to banks late last year outlining various actions to improve loan standards.

It also forcing banks to slow the rate of credit growth in the housing investor loan market to less than 10 per cent a year.

In response, banks are forcing investors to stump up bigger deposits, they have raised interest rates, and customers' ability to cope with higher repayments are being tested more rigorously.

The deterioration in loan standards was not always obvious, Mr Byres said.

Spotting the problems required taking a more "forensic" look at what banks were doing, such as the calculations they were making to test customers' ability to pay off loans or deal with higher interest rates.

"When we did that in a more forensic way, we weren't particularly comfortable with what we saw," he said.

As well as scrutinising bank lending, APRA has also been pushing up capital requirements for banks, which has prompted the majors to raise more than $18 billion in equity capital.

Fat Jesus posted:

Seagull posted:

lmao at anyone unironically saying sjw

Anidav posted:

Chris Kenny will be remembered as the man who didn't go out with a bang but with a whippet

hooman posted:

Fixed that for you.

Solemn Sloth posted:

Laserface posted:

hmm yes "posting on the internet" = position of power.

keep in mind im referring to SJWs as a whole and not this specific case of nauru horror.

which is bad.

Solemn Sloth posted:

Chris Kenny will be remembered as the man who didn't go out with a bang but with a whippet

Solemn Sloth posted:

Chris Kenny will be remembered as the man who didn't go out with a bang but with a whippet

KennyTheFish posted:

I am confused, what is wrong with fighting for social justice?

KennyTheFish posted:

I am confused, what is wrong with fighting for social justice?

KennyTheFish posted:

I am confused, what is wrong with fighting for social justice?

open24hours posted:

When people talk about SJWs they're generally talking about a particularly annoying type of person that 'fights' for justice by harassing people on social media, not people who actually contribute.

open24hours posted:

When people talk about skeletons they're generally talking about a particularly annoying type of person that 'fights' for justice by harassing people on social media, not people who actually contribute.

open24hours posted:

When people talk about skeletons they're generally talking about a particularly annoying type of person that 'fights' for justice by harassing people on social media, not people who actually contribute.