Why is the Coalition trying to abolish a valuable safeguard for consumers? | Australian economy | The Guardian

The LNP is the jettisoning of responsible lending obligations (RLOs). The proposal to remove RLOs for much of consumer lending from the relevant legislation, under the guise of supporting economic recovery, and unsurprisingly supported by the banks, has provoked widespread opposition.

Why is the Coalition trying to abolish a valuable safeguard for consumers? | Australian economy | The Guardian