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Big banks to fuel next leg of ASX dividend spree

Frydenberg not for turning on responsible lending rollback

Frydenberg not for turning on responsible lending rollback Save Share Treasurer Josh Frydenberg has pledged to push on with the Coalition’s attempt to scrap responsible lending laws, seeking a deal from the Senate crossbench despite strong opposition from Pauline Hanson. The One Nation leader this week told Dominic Lorrimer Senator Hanson’s opposition signals poor prospects for the bill in the Senate, where the government requires three crossbench votes to pass legislation. Already Tasmanian independent Jacqui Lambie has said she opposes the deregulation attempt, which the government says will encourage the flow of loans and boost Australia’s COVID-19 economic recovery.

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