Banks surge on responsible lending wind-back – The Australian Financial Review

These enhancements would enable us to assess loan applications across specific lending products rather than a one-size-fits-all’ approach.
“We will be able to streamline our processes, making it an easier and simpler process for customers,” he said.
“It will also play an important role in ensuring access to credit for businesses wanting to invest and grow. SME businesses drive employment and this is very important for economic recovery.”
Westpac executives have previously pointed to excessive…

Click here to view the original article.