House debates

Monday, 22 September 2008

Private Members’ Business

Credit Cards

Debate resumed, on motion by Mr Bruce Scott:

That the House:

(1)
calls on the Federal Government to amend finance legislation so as to prevent credit providers from sending unsolicited letters offering an increased credit limit to credit card holders; and
(2)
notes the amended legislation would stipulate that, for a credit card limit to be increased, the card holder must make the first approach to the credit provider.

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