Research from the UK shows one in ten users of Buy Now Pay Later end up with contact from debt collectors, while in the UK and NZ, BNPL are deemed as credit products. But in Australia, we are pursuing a different and more relaxed path, despite the high volume of late payment fees, despite the harm.
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Another Friday canter through Tarric’s latest slides, as we look at the disconnect between monetary policy and real life. Is Australia somehow different? Charts...
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