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A recent article, 'RBA warns banks to hold line on loans' appeared in The Australian newspaper ( 13 July 2016) reporting on statements made by Luci Ellis, the RBA's head of financial stability.
This article focuses on Ms Ellis' concerns about certain activities of Australian banks.
Required
Describe Ms Ellis' concerns and the recent actions taken by the other Australian regulator mentioned in the article that address these issues. Explain why they have been seen as necessary.
Your answer should include discussion of the following matters:
Guide to answering-
-Word length: 1,000 words
-Only refer to the laws of Australia. DO NOT refer to laws of other countries.
Attachment:- Article.rar
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