It's about to become easier to lend irresponsibly, to help the recovery
- Written by Jeannie Marie Paterson, Professor of Law, University of Melbourne
Kittisak Jirasittichai/ShutterstockWhat used to be known as a requirement to lend responsibly is now regarded as red tape.
The National Consumer Credit Protection Act introduced by the Rudd government after the global financial crisis introduced responsible lending obligations that required lenders to ensure the loans they were offering were “...
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