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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
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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.

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    Original URL: https://www.afr.com/markets/nsw-change-a-risk-for-money-3-20100520-iuap7