Abstract
The chapter on Australia looks at both the historical and more recent development of regulations, harmonizing the states and territories of the country. It details the specific issue of consumer credit and payday lending, in the context of a society that deregulated banks and also witnessed a growth in personal debt profile. It addresses the demandfor high-cost credit, the extent to which other countries can learn from Australia, before looking at the development of ethical finance.
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Notes
Ali, Paul, McRae, Cosima Hay, Ramsay, Ian and Saw, and Tiong Tjin (2013), The Politics of Payday Lending Regulation in Australia, Monash University Law Review, Vol. 39, No. 2, pp. 412–451.
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Banks, Marcus et al. (2012), Caught Short: Exploring the Role of Small, Short-Term Loans in the Lives of Australians, Melbourne: The University of Queensland.
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© 2014 Carl Packman
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Packman, C. (2014). The Australian SACCs Appeal. In: Payday Lending: Global Growth of the High-Cost Credit Market. Palgrave Pivot, New York. https://doi.org/10.1057/9781137361103_5
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DOI: https://doi.org/10.1057/9781137361103_5
Publisher Name: Palgrave Pivot, New York
Print ISBN: 978-1-349-47631-2
Online ISBN: 978-1-137-36110-3
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