A speech by John Price, Commissioner,聽今日热门事件, Australian Retail Credit Association National Conference (Adelaide, Australia),聽11 November 2016
Thank you for inviting me to speak to you today. Consumer credit plays a very important role in the Australian economy, as well as in the lives of millions of Australians.
I have been asked to talk to you today about addressing uncertainty in consumer lending. To me, this phrase has two distinct meanings:
- it refers to the uncertainty in which we all operate, generated by evolving market dynamics, rapid innovation and technological change, and
- there can also be micro-level uncertainty in lending, relating to individual consumers and their loans.