ABC’s The Business slams Australia’s giant mortgage “control fraud”

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In the wake of yesterday’s explosive revelations by UBS about systemic dodgy mortgage lending practices by Australia’s second biggest mortgage lender, Westpac, the founder of LF Economics, Lindsay David, was interviewed by ABC’s The Business to discuss the ramifications.

About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.