40 percent of young Australian consumers have turned to BNPL lenders to stretch out payments for everyday essentials as the cost of living crisis continues.
The government says it has made a fairer system for renters, but a Queensland real estate body says there are several disappointing details in the new laws.
Despite being required by law to have processes to assist customer who are in debt, banks have made the process so complex that a third of people give up.
Ms. Hunter said that supply chain disruptions during the pandemic limited the construction industry’s ability to respond aptly to the increasing demand.