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  1. R

    After the boom, the bankrupts

    Hi SC Under new ASIC based rules and some lenders' interpretation Brokers may no longer be allowed to provide advice on "deposit taking" products. Most brokers would then have to flout the rules to advise their clients in risk management Legislation gone mad...
  2. R

    After the boom, the bankrupts

    Hi all Hmmmmmmmmmmm, I believe something different. A high LVR isnt going to cause you to fall over. What causes defaults is not being able to pay your bills, essentially you are insolvent. You can have an LVR of zero and still be insolvent. Its having cash to hand as for eg SC has...
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