The Australian SACCs Appeal

Carl Packman

Chapter 4 in Payday Lending: Global Growth of the High-Cost Credit Market, 2014, pp 73-97 from Palgrave Macmillan

Abstract: 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.

Keywords: credit; debt; payday loans; regulation (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-36110-3_5

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DOI: 10.1057/9781137361103_5

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