Most Popular
-
1
Do Korean doctors make too much money?
-
2
Korean industries gauge impact of Biden's steep tariffs on China
-
3
Court refuses injunction on medical school expansion
-
4
Why Korean crime stories typically feature nameless, faceless perpetrators
-
5
Is FTC's conglomerate listing a boon or bane for Hybe?
-
6
NewJeans to headline palace show
-
7
Coupang's Kim Bom escapes chaebol chief designation again
-
8
Debate on 'no-seniors zones' heats up
-
9
Rare mid-May heavy snow warning issued over mountainous areas of Gangwon
-
10
S. Korea, Cambodia forge strategic partnership
Major banks CEO’s call on government to ease lending rules
By ABC NEWS (Australia)Published : May 2, 2024 - 18:12
The CEOs of the big banks are calling on the Federal Government to ease responsible lending rules put in place after the banking Royal Commission and aimed at protecting borrowers. But consumer groups are warning against changes as new data reveals the number of people in mortgage hardship is reaching crisis levels.