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No justification for removing responsible lending laws

January 21, 2021 - 00:10 -- Admin

Kevin Davis, Emeritus Professor of Finance at the University of Melbourne, has slammed the Morrison Government’s planned scrapping of responsible lending laws, which he argues is “particularly egregious” and a “triumph of ideology and vested interests over logic and evidence”: The axing of responsible lending obligations (RLOs) under the National Consumer Credit Protection Act 2009

The post No justification for removing responsible lending laws appeared first on MacroBusiness.

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