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Bills of the current Parliament

Although every effort is made to ensure the accuracy of bills homepages, the authoritative sources for verifying the progress of bills are the House of Representatives Votes and Proceedings and the Journals of the Senate.

National Consumer Credit Protection Amendment (Mandatory Credit Reporting and Other Measures) Bill 2019


Type
Government
Originating house
House of Representatives
Status
Before Senate
Portfolio
Treasury

Summary

Amends the: National Consumer Credit Protection Act 2009 to: establish a mandatory comprehensive credit reporting regime to apply from 1 April 2020; provide that a credit provider cannot refuse to provide further credit or reduce a customer's credit limit merely because financial hardship information exists; and provide for transitional arrangements; and Privacy Act 1988 to: permit reporting of financial hardship information within the credit reporting system; require the Attorney-General to cause an independent review and report of the credit reporting system before 1 October 2023; and make a number of minor amendments relating to the administration of credit reporting.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

House of Representatives
Introduced and read a first time 05/12/19  
Second reading moved 05/12/19  
Second reading debate 05/02/20  
Second reading agreed to 05/02/20  
Third reading agreed to 05/02/20  
     
Senate
Introduced and read a first time 05/02/20  
Second reading moved 05/02/20  
     

Text of bill

  • First reading

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes