House debates

Monday, 12 February 2018

Questions without Notice

Small Amount Credit Contracts

3:08 pm

Photo of Milton DickMilton Dick (Oxley, Australian Labor Party) Share this | Hansard source

My question is to the Minister for Revenue and Financial Services. Two years ago, the government received a report which confirmed that vulnerable Australians already struggling to get by are being ripped off by unscrupulous payday lenders who charge massive interest and leave people in crippling debt they don't have a chance of repaying. Two years on from this report, with vulnerable Australians still being exploited, why has the minister failed to introduce legislation to end dodgy behaviour in this industry?

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