Australian banks oppose regulator’s credit checks reform plan
Australia’s Big Four lenders are
pushing back on the regulator’s plan to require banks make
detailed credit checks on borrowers to estimate loan
affordability instead of relying on indices, with the No.2
lender saying such checks are not feasible.
pushing back on the regulator’s plan to require banks make
detailed credit checks on borrowers to estimate loan
affordability instead of relying on indices, with the No.2
lender saying such checks are not feasible.
Posted by Reuters