Lending changes are foie gras for banking
Nick McKim 25 Sep 2020
Greens Economic Justice spokesperson, Senator Nick McKim, responded to reports today that the government will loosen lending standards and relieve the banks of responsibility for determining a customer’s loan capacity to service a loan.
“Today’s announcement shows exactly where this government’s allegiances lie," Senator McKim said.
“The day after Westpac received the largest corporate penalty in Australian history, the government is changing the rules to benefit the banks."