BLB News
CAN YOU REPAY THE LOAN? NEW NATIONAL CONSUMER CREDIT PROTECTION REFORM
29/05/2009
Amidst the fallout from the non-prime lending catastrophe in the US has come the concern that in Australia it’s been too easy to get a loan. Flushed with funds during the longest bull run in history and fuelled by high commission rates for mortgage brokers who introduced potential borrowers, both the bank and non-bank sectors were only too ready to lend money whether for housing or credit cards. The only qualification seemed to be the need for a pulse!LION, MOUSE OR DONKEY?
29/05/2009
According to the chair of the Parliamentary Joint Committee on Corporations and Financial Services, Bernie Ripoll, ASIC is not responsible for preventing the collapse of financial services organisations such as Storm Financial and is not even capable of doing so.WOUNDED DISCRETIONARY TRUSTS
29/05/2009
Recent cases have wounded discretionary trusts - but are the wounds fatal?TERMINATING YOUR FRANCHISE WITHOUT GOOD CAUSE
29/05/2009
What options are available to a franchisee who wants to get out of their franchise agreement?