Recent estimates suggest that without supports incomes would have fallen by 20 per cent [Slide 5].14 In addition the research nds that income supports have helped to reduce the potential for the pandemic to lead to greater income inequality during 2020.
Lending responsibility – At a time when all banks are in a hurry to be one up on the other, at least in the matter of advertising speedier sanction of loans, responsible lending is worth considering. I agree that people should take responsibility for their borrowing and anything that could limit people’s economic freedom should be considered with caution.