ASIC Consultation Paper 325 – Product Design and Distribution Obligations
Submission to: ASIC
Related Projects
NCCPA (Small Amount Credit Contract and Consumer Lease Reforms) Bill 2009
Submission to: Senate Economics Committee
Legislation first proposed by the Federal Government in October 2017 in relation to payday loans and consumer leases must be introduced urgently. People need strong consumer protections when using these high cost and potentially harmful products. The urgent reform needed is to cap the amount that a person can repay at 10% of net income.
Legislation first proposed by the Federal Government in October 2017 in relation to payday loans and consumer leases must be introduced urgently. People need strong consumer protections when using these high cost and potentially harmful products. The urgent reform needed is to cap the amount that a person can repay at 10% of net income.
Social Services Legislation Amendment (Strengthening Income Support) Bill 2021 March 2021
Submission to: Senate Standing Committee on Community Affairs
This is the financial counselling sector submission in response to the proposed increase in the rate of JobSeeker. The Government’s increase to income support payments in March 2020 lifted hundreds of thousands of Australians out of poverty. One result was a sharp decline in people seeking the support of financial counsellors. This Bill will reverse much of the progress that Australia has made to alleviate poverty, returning thousands of Australians to instead living below the poverty line. These people will struggle to stay afloat in an economy that doesn’t have enough jobs for the number of people out of work. We urge the Parliament to permanently increase income support payments, including JobSeeker and Youth Allowance. We stand with the Australian Council of Social Service in calling for a permanent increase to lift payments to at least $65 per day.
This is the financial counselling sector submission in response to the proposed increase in the rate of JobSeeker. The Government’s increase to income support payments in March 2020 lifted hundreds of thousands of Australians out of poverty. One result was a sharp decline in people seeking the support of financial counsellors. This Bill will reverse much of the progress that Australia has made to alleviate poverty, returning thousands of Australians to instead living below the poverty line. These people will struggle to stay afloat in an economy that doesn’t have enough jobs for the number of people out of work. We urge the Parliament to permanently increase income support payments, including JobSeeker and Youth Allowance. We stand with the Australian Council of Social Service in calling for a permanent increase to lift payments to at least $65 per day.