Lenders told to ‘support customers’ facing hard times
LENDERS are being warned they remain in the frame of Australia’s corporate watchdog as the nation heads into uncertain economic times, with households set to face financial hardship. The outgoing head of the Australian Securities and Investments Commission will deliver the advice in his final keynote speech at a conference on Thursday, before he packs up his desk at the end of this month. “These are difficult times for many people in Australia, which makes it all the more pressing that lenders support customers experiencing financial hardship,” chair Joe Longo will say