Why borrowing responsibly is 'more important than ever' now
The Federal Government is aiming to ease Australia's responsible lending laws, hoping it will help stimulate the economy. But with the onus of assessing the suitability to take on debt set to be placed back on a borrower, experts warn it is more important than ever to borrow responsibly.
Australia Explained · SBS Audio
April 1, 20216m 0s
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Show Notes
The Federal Government is aiming to ease Australia's responsible lending laws, hoping it will help stimulate the economy. But with the onus of assessing the suitability to take on debt set to be placed back on a borrower, experts warn it is more important than ever to borrow responsibly.