The Financial Services Royal Commission highlights the vulnerability of many older Australians
- Written by Eileen Webb, Professor, Curtin Law School, Curtin University
One worrying takeaway from the first week of the Financial Services Royal Commission is how many elderly people are being adversely affected by irresponsible lending.
Such lending is often the result of an agreement with a family member, for example an adult child, to help that person financially by entering into a joint loan. These loans are...
