National Consumer Credit Protection Amendment (Mandatory Comprehensive Credit Reporting) Bill 2018 [Provisions]

5 June 2018

© Commonwealth of Australia 2018
ISBN 978-1-76010-775-8

View the report as a single document - (PDF 391KB)

View the report as separate downloadable parts:

Senate Economics Legislation Committee
(PDF 21KB)
Chapter 1 - Introduction (PDF 84KB)

Conduct of the inquiry
Context of amendments
Overview of the bill
Review of financial hardship arrangements and OAIC guidance
Compatibility with Human Rights

Chapter 2 - Views on the bill (PDF 179KB)

General support for the bill
Benefits of CCR
Interaction with the hardship provisions
Scope of mandatory CCR
Data privacy and security
Vulnerable and lower income consumers
Other matters raised
Committee view

Additional Comments from Labor Senators (PDF 81KB)

Repayment history information and the handling of hardship
Concerns raised about cybersecurity risks
Concerns raised that the benefits of comprehensive credit reporting will primarily accrue to the finance industry itself
Concerns raised about privacy risks and use of data
Government's handling of regulating the financial sector

Appendix 1 - Submissions, additional information, answers to questions on notice and tabled documents (PDF 10KB)
Appendix 2 - Public hearings (PDF 9KB)


Committee Secretariat contact:

Senate Standing Committees on Economics
PO Box 6100
Parliament House
Canberra ACT 2600

Phone: +61 2 6277 3540