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Kenneth Hayne clears 2023 diary as Frydenprime arrives – MacroBusiness

If you want a prime example of why Australia is the property equivalent of a narco state, read on below. We are only around 18 months out from the Kenneth Hayne banking royal commission, which lambasted Australia’s banks for irresponsible lending. Yet Treasur…

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If you want a prime example of why Australia is the property equivalent of a narco state, read on below.
We are only around 18 months out from the Kenneth Hayne banking royal commission, which lambasted Australia’s banks for irresponsible lending. Yet Treasurer Josh Frydenberg has amazingly announced the scrapping of responsible lending laws:
Responsible lending laws that fuelled a bitter court fight between the corporate regulator and Westpac will be scrapped for banks, which will be subject …

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