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Scott Russell: lawyer on the proposed changes to NZ lending laws and the ensuing lawsuit
Manage episode 485554280 series 2882353
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Lawyer Scott Russell says proposed changes to our lending laws only benefit Aussie banks.
The bill, currently before Select Committee, aims to lessen red tape for such things as adjusting credit limits and applying for credit cards.
Russell's representing 170,000 Kiwis in a class action against ANZ and ASB, and says the changes protect those banks.
He says they argue penalties under the law are a risk to the economy.
"That's just simply rubbish, there's no evidence of that and it seems the suspicion is, by many, that the law is just National helping out the Australian banks."
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Manage episode 485554280 series 2882353
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Lawyer Scott Russell says proposed changes to our lending laws only benefit Aussie banks.
The bill, currently before Select Committee, aims to lessen red tape for such things as adjusting credit limits and applying for credit cards.
Russell's representing 170,000 Kiwis in a class action against ANZ and ASB, and says the changes protect those banks.
He says they argue penalties under the law are a risk to the economy.
"That's just simply rubbish, there's no evidence of that and it seems the suspicion is, by many, that the law is just National helping out the Australian banks."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
9523 episodes
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Similar to Heather du Plessis-Allan Drive
America is divided, and it always has been. We're going back to the moment when that split turned into war. This is Uncivil: Gimlet Media's new history podcast, hosted by journalists Jack Hitt and Chenjerai Kumanyika. We ransack the official version of the Civil War, and take on the history you grew up with. We bring you untold stories about covert operations, corruption, resistance, mutiny, counterfeiting, antebellum drones, and so much more. And we connect these forgotten struggles to the ...
…
continue reading
And we are The Non-Prophets!... airing on the first and third Sunday of every month, starting at 3:00 PM Central (01:30-03:00 UTC) on our Youtube channel: https://www.youtube.com/thenonprophetsaca. The Non-Prophets focuses on atheism and the separation of church and state. Become a supporter of this podcast: https://www.spreaker.com/podcast/the-non-prophets--3254964/support.
…
continue reading
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…
continue reading
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…
continue reading
Weekly wrap of events of the week peppered with context, commentary and opinion by a superstar panel. Click here to support Newslaundry: http://bit.ly/paytokeepnewsfree Hosted on Acast. See acast.com/privacy for more information.
…
continue reading
The news you need to know today — and the stories that will stick with you tomorrow. Plus, special series and behind-the-scenes extras from Here & Now hosts Robin Young, Scott Tong and Deepa Fernandes with help from Producer Chris Bentley and the team at NPR and WBUR.
…
continue reading
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continue reading
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…
continue reading
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