ANZ Bank said the peak in the official cash rate will now be 100 basis points higher than it expected, hitting 3% by April 2023, as inflation ramps up and the labour market remains tight. [READ ON]
Non bank lenders have added their voice to a chorus of complaints about the Credit Contracts and Consumer Finance Act (CCCFA). [More details here]
| « CCCFA enquiry starts; Endless bank policy changes | No nitpicking from non-bank lender: Inflationary storm coming » |
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