Examples of such financial organisations are Banks, Building societies, Credit Unions, Insurance Companies, Stockbrokers, Financial Planners etc. ... The National Protection Act 2009 establishes a single, standard, national system for the regulation of credit. As part of this, state and territory governments have adopted the National credit code, which improves consumer protection for a wide range of credit activities by requiring: credit transactions be standarised across Australia, responsible lending to ensure that consumers are not enticed into credit contracts they can not afford, informa...

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• Approx Pages: 5
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• Grade Level: Graduate