New report says banks aren't doing enough for those in financial hardship

The Australian Securities and Investments Commission's guidelines

A scathing report from the Australian Securities and Investments Commission (ASIC) says bank and non-bank lenders are failing struggling customers. Source: Pixabay

A new report by corporate regulator ASIC is highlighting a more than 54 per cent increase in home loan stress notices. That's as the cost of living stays high, keeping the pressure on many households.


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