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Defending interest-only loans

FINANCIAL regulators want to clamp down on interest-only loans, but industry experts have hit back, saying Big Brother ‘needs to be very careful’.

Business
David Murray head of the Financial System Inquiry speaking to a business lunch hosted by the Financial Services Council and Deloitte. Sofitel Hotel, Sydney. Picture by DAMIAN SHAW

Can Australia dodge another GFC?

AN inquiry into the financial sector has recommended ways that Australia can avoid the damage of another global financial crisis — and the banks are not going to like it.

Original URL: https://www.ntnews.com.au/business/companies/banking/page/117