Recovering Debts in COVID-19
COVID-19 has drastically impaired all sectors of the global economy, but travel, hospitality and retail have been hit the hardest. Businesses across all sectors are struggling, and many are finding themselves in a range of financial difficulties. Victoria alone has been estimated to reach $60 billion of debt by 2021. Accordingly in March 2020, the Federal Government […]
Proposed Changes to Responsible Lending Laws
In the wake of COVID-19, the Australian economy has all but collapsed. There are proposed changes aimed at providing economic stability and growth by easing consumer access to credit, suggested as the lifeblood of the Australian economy. Now more than ever, the unnecessary barriers to accessing credit must be removed so that consumers can continue to spend, […]