Credit Demand

Order Description Credit Demand in Australia 200537 Economics & Finance Engagement Project Autumn 2017 Objectives Working in teams, you will prepare a report on individual consumers demand for credit and the extent of the problem relevant to the interests of the client. The report will be compelling and substantially add to the body of knowledge. The report must also align to the broad interests of the client group and provide recommendations or insights that will engage businesses, policy and decision makers. Interested Stakeholders A broad review of consumer demand for credit is expected to generate considerable number of submissions, including but not limited to the following institutions and entities. These are provided as a guide to your project. ? Banks and credit providers (for example, the big four banks, credit unions and smaller banks) ? Financial institutions and regulators (such as the Reserve Bank, the Australian Prudential Regulation Authority) ? Insurance and superannuation companies ? Business Associations ? Non-government organizations (such as the Australian Council of Social Services, the Australia Institute, Shelter, Choice etc) ? State and local governments ? Credit agencies Some issues to consider Definition of credit Method(s) of measurement Technology enablers Technological protections Size of the market by type Availability of products Stage of life Age of the individuals by type Types of individuals Interest rates Investment profile Vulnerable individuals Superannuation protection Financial literacy/illiteracy