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AAP
AAP
Politics
Poppy Johnston

Paused finance bill puts consumers at risk

Assistant Treasurer Stephen Jones has since put the bill on hold for further industry consultation. (Mick Tsikas/AAP PHOTOS) (AAP)

Consumer groups are urging the government not to shelve its financial reform bill or risk more vulnerable people falling victim to dodgy lending practices.

The bill, which addresses several outstanding recommendations from the royal commission into the sector, has reportedly been put on ice after a Greens-instigated amendment sparked concern from the financial industry.

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