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Losing wealth, health and life: how financial loss can have catastrophic effects

  • Written by Nick Haslam, Professor of Psychology, University of Melbourne
People who have a financial shock are at greater risk of depression and a raft of other physical and mental health issues.Ethan Sykes/Unsplash

Public hearings for the Financial Services Royal Commission, which resumed this week, are bringing to light some questionable practices in the sector – from lending beyond people’s means, to...

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