Published: September 09, 2019
Australian corporate regulator says Nye Perram’s decision creates uncertainty
The corporate regulator has appealed against a judge’s ruling that Westpac did not engage in irresponsible lending, in part because home loan customers could trim their spending by cutting out meals of wagyu beef and fine shiraz.
Consumer groups last month blasted the decision, made by the federal court judge Nye Perram, as out of touch with the community.
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