Tag: credit

Banking & Finance

Legal

Defusing the ‘mortgage debt time-bomb’

The Australian financial marketplace is not short of legislation to protect consumers from predatory or irresponsible lending practices. The National Consumer Credit Protection Act 2009 provides a comprehensive set of legal guidelines requiring lenders and brokers to make reasonable, verified enquiries to ensure that consumers can comply with their financial obligations if the loan is…

9 Nov 2018, by Amy Sarcevic

Leadership & Communication

The language of finance – is it skewing our moral compass?

The language used within the banking and finance sector - whether it be in a company's annual report or face-to-face during a business transaction - is becoming increasingly technical, abstract, and morally and ethically neutral. Terms like Collateralized Debt Obligation and Global Financial Crisis are more frequently referred to by their acronyms CDO and GFC,…

8 May 2017, by Amy Sarcevic