Business
Will The Empty Chair block Frydenprime? – MacroBusiness
Via the ABC: “Flabbergasted.” That’s the universal response I’ve been hearing from consumer rights advocates to the Federal Government’s proposed abolition of the responsible lending obligations. They simply can’t understand what the Government is aiming to a…
“Flabbergasted.” That’s the universal response I’ve been hearing from consumer rights advocates to the Federal Government’s proposed abolition of the responsible lending obligations.
They simply can’t understand what the Government is aiming to achieve by freeing banks from their legal obligation to check whether potential borrowers can afford to repay a loan before they are granted it.
Other than a free kick for the banks.
“As we learnt to our cost during the GFC, weaker lending standards me…
-
General24 hours agoInternal Revenue Service starts cutting 20,000 workers
-
Noosa News24 hours agoMan killed, woman seriously injured in collision in Wongabel, Atherton Tablelands, Queensland
-
Noosa News23 hours agoMoreton Bay oyster farm survives cyclone with help of wave wall innovation
-
Business21 hours agoThese ASX 200 shares could rise 50% to 60%