Clamping down on retail companies that initiate financing packages for consumer credit would not impact TGA, but doing likewise in respect to small business could. However,I expect such impact to be small. The recent problem of Visible-originated contracts was not a question of unsuitable finance, it was a question of the non-occurrence of revenue benefits the service was supposed to deliver.
Clamping down on the likes of Harvey Norman is likely to help CCP - a stock that I hold in spades.
TGA Price at posting:
47.5¢ Sentiment: Hold Disclosure: Held