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Members of the banking and broking industry have welcomed the Assistant Treasurer's confirmation that responsible lending obligations will not be repealed. , with Stephen Jones MP saying the Albanes
Consultation on improvements to the regulation of credit, including buy now, pay later products, will begin soon. The federal government has confirmed it is moving ahead with plans to regulate buy
Plans to merge the two buy now, pay later companies Zip Co and Sezzle Inc have been abandoned “in light of current macroeconomic and market conditions”.
Labor was “gob-smacked” with proposals to repeal responsible lending obligations, with Stephen Jones MP saying the Albanese Government will not be revisiting the matter. The Assistant Treasurer