Australia’s competition regulator the ACCC has granted interim authorisation for members of the Australian Securitisation Forum (ASF) to work together to assist smaller lenders to maintain liquidity and issue loans to consumers and small businesses during the “economic disruption” caused by the COVID-19 pandemic.
The Australian Greens have accused the Federal Government of dropping the ball in response to the ACCC’s digital platforms inquiry, and say the government must implement urgent media reforms if Australian media is to ”play on” after the COVID-19 crisis.
The Federal Government has supported the launch of a new website by the technology sector aimed at giving support to businesses with staff working remotely during the COVID-19 outbreak.
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