Payday lenders ‘preying’ on natural disaster victims, financial counsellors say

An alarming number of natural disaster victims turn to high-cost, short-finance — or pay day loans — to avoid going broke, financial counsellors say.

Westpac hit with class action that could affect thousands of home loans

A class action is launched against one of Australia's biggest banks over alleged irresponsible lending practices dating back to 2011. The action is the first launched in the wake of the banking royal commission and could affect thousands of Australian home loans.