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Repeal of safe lending protections to be debated Monday

CHOICE CEO Alan Kirkland available for comment.

The National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020 has been scheduled for debate this coming Monday 15 March in the Federal Senate.

Consumer groups strongly oppose the legislation with over 33,000 Australians and 125 community groups signing an open letter against the laws: https://action.choice.com.au/page/69531/petition/1

Further context on the proposed repeal of safe lending laws available here: https://www.choice.com.au/money/banking/everyday-banking/articles/why-you-should-care-about-responsible-lending-laws

CHOICE CEO Alan Kirkland is available for comment and CHOICE experts are available for background information.

Images and video content available of consumer advocates previously in Canberra: https://sites.google.com/choice.com.au/save-safe-lending 

Media contact: Katelyn Cameron, 0430 172 669, [email protected]