An analysis of financial complaints data by consumer group CHOICE has revealed Queenslanders have made over 5,900 complaints about credit products since the end of the Banking Royal Commission’s public hearings.
The analysis comes as this week crossbench Senators are set to determine the fate of the Federal Government’s attempt to axe safe lending laws.
“Widespread problems with lending in Queensland led to the Banking Royal Commission but since it ended, Queenslanders continue to be let down by their banks,” says Alan Kirkland, CHOICE CEO.
Interview of CHOICE CEO Alan Kirkland talking about impacts of a safe lending repeal on Queensland + overlay
Footage of consumer groups February Canberra trip