A new ASIC report says banks aren’t doing what the law says they must do to help customers in trouble, as the proportion of borrowers in strife rises due to high interest rates, rocketing rents and increases in the cost of living. A new ASIC report says banks aren’t doing what the law says they must do to help customers in trouble, as the proportion of borrowers in strife rises due to high interest rates, rocketing rents and increases in the cost of living. Banking, Poverty, Cost of Living Latest business news
‘Overcommitment’ is the top reason for mortgage hardship amid a 54 per cent spike in claims
