Royal Commission could lead to credit crunch: UBSBY ALEX BURKE | WEDNESDAY, 28 MAR 2018 11:58AM
Recent UBS commentary suggests one plausible scenario where the knock-on effects of the Royal Commission could lead to a "credit crunch" scenario.
Read more: UBS, Royal Commission, ANZ, Carlos Cacho, CBA, Comprehensive Credit Reporting, George Tharenou, Jonathan Mott, National Credit Act, Rachel Bentvelzen
|Sponsored by PIMCO|
Australian Housing: Continued Declines Weigh on Economy
At least 50 staff members at TAL have been made redundant as part of a wider move to scale back its direct life insurance business.
The Labor party will launch a senate inquiry into whether regulation around payday lenders such as Afterpay is adequately protecting low and middle income, and financially stressed Australians.
ASIC is set to review banking and financial literacy programs in Australian primary schools, including Commonwealth Bank's recently criticised Dollarmites program.
Self-managed super funds continue to have the lowest fees across all superannuation vehicles, charging an average total expense ratio of 0.82%, latest Rainmaker Research shows.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|