The Shield: August 2019

Did you hear about the Westpac and ASIC case? Our August newsletter outlines the disappointing decision of the Federal Court to dismiss ASIC’s responsible lending case against Westpac. Justice Perram made headlines asserting that consumers have the choice to forgo wagyu beef and the finest shiraz in order to afford their home loan repayments. Unfortunately, it is not that simple for many of our clients at CCLSWA!

You can also read about CCLSWA’s morning of mediation training with his Honour Judge Gething and the fantastic efforts being made by organisations across Perth to ensure that our community can achieve ‘financial wellbeing’ through better financial education and support.

Click here to read the newsletter in full.

 

 

Michael Duncan