Oz Blog News Commentary

Will The Empty Chair block Frydenprime?

September 28, 2020 - 00:15 -- Admin

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 achieve by freeing banks from their legal obligation to check whether potential borrowers can afford to repay a loan

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