Alan Jones absolutely livid with the new credit rules effective as of today, 5 days late and black mark

against you. Also, he stated as to how this will effect mortgage borrowers because of improper lending practices

by the banks. Borrowers loaned up to 100%, borrowers who have been lent beyond their capacity to repay, banks lending

without any prior checks on customers.

This segment started approx 8.25am Sydney time 12/3/14, he said he will continue with it tomorrow.

Show recorded.

Very interesting!