Tag: indigenous community finance

  • ASIC Reviews Motor Vehicle Finance Sector for Consumer Protection

    ASIC Reviews Motor Vehicle Finance Sector for Consumer Protection

    The Australian Securities and Investments Commission (ASIC) has initiated a comprehensive review of the motor vehicle finance sector, with a particular focus on consumer protection aspects, especially for borrowers in regional and remote areas, including First Nations communities. This review is aimed at evaluating the compliance of lenders, brokers, and intermediaries with responsible lending obligations.…