Consumer confidence recovers post-rate hike drop
The interest rate hike this month seems to have had the opposite effect on consumer confidence with the weekly index...
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Several accountancy associations have advised members to decline requests to provide “capacity to repay” certificates, flagging compliance concerns.
The leaders of CPA Australia, the Institute of Public Accountants (IPA), and the Chartered Accountants Australia and New Zealand (CA ANZ) are advising their 240,000 members not to complete requests for “capacity to repay” certificates – citing concerns that some lenders may be relying on these certificates for serviceability purposes.