NSW change a risk for Money 3

Money3 may find it difficult to gain support if other states follow the NSW government’s rates cap lead

Trevor Hoey

Updated Jun 8, 2010 – 9.48am, first published at May 20, 2010 – 11.47am

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Already a subscriber?

The NSW government has proposed that from July 1 an interest rate cap of 48 per cent per annum be placed on loans.

The cap will include all fees associated with a loan.

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Already a subscriber?

Introducing your Newsfeed

Follow the topics, people and companies that matter to you.

Fetching latest articles