Permalink Prev Next Return to results list (1 results)

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	Act
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
Second reading debate	03/02/21
Second reading agreed to	03/02/21
Committee of the Whole debate	03/02/21	Amendment details: 34 Government agreed to
Third reading agreed to	03/02/21

House of Representatives
Consideration of Senate message	03/02/21	Details: House agreed to Senate amendments

Finally passed both Houses	03/02/21
Assent	16/02/21	Act no: 5 - Year: 2021