Personal loans and Centrelink - I have a question regarding Australian lending laws and there relation to those on centrelink, mainly those on new start and youth allowance.

I know people may be able to apply for loans through centrelink but what about other lending organisations, are there rules around lending to people without a steady guaranteed income or is it more a policy based on the lending organisation?

it seems morally wrong to provide loans to potentially vulnerable people but I was wondering if there are actually laws around it.

Edit to provide more context : I'm asking this as a lender I'm aware of has advised in the past they are not allowed to lend to those of new start/ youth allowance but has recently done just that due to pressure from an outside source, sorry I can't be more specific.

Berkshire is hoarding so. much. cash.

Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ... See More rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.

Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends

Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on

Where does this end up long term with small stocks suffering white giant caps are taking all the coin?

🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...

#ASX:ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?