Review of the Privacy (Credit Report) Code 2014
11 February 2022
The ABA generally considers that the CR Code works well to meet the competing objectives of privacy versus economic effectiveness.
Download PDFCP354 Simple Hardship Arrangements
1 February 2022
The ABA requests confirmation from ASIC that a temporary financial hardship arrangement agreed under the Credit Reporting Code does not require a credit provider to send a ‘rejection notice’ under section 72(4)(b) of the National Credit Code. Once ASIC provides this confirmation, we consider that there is no real need for the continuation of the simple arrangement exemption in its current form.
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