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Credit Contracts and Consumer Finance Amendment Bill

CPAG welcomes the responsible lending principles included in this Exposure Draft Bill. High interest loans and other forms of irresponsible lending contribute to family poverty, hardship, and stress, and thus indirectly and directly contribute to child poverty. Poverty, particularly indebtedness, is also a major cause of domestic violence.

CPAG welcomes the responsible lending principles included in this Exposure Draft Bill. High interest loans and other forms of irresponsible lending contribute to family poverty, hardship, and stress, and thus indirectly and directly contribute to child poverty. Poverty, particularly indebtedness, is also a major cause of domestic violence.

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