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The Australian SACCs Appeal

In: Payday Lending: Global Growth of the High-Cost Credit Market

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  • Carl Packman

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.

Suggested Citation

  • Carl Packman, 2014. "The Australian SACCs Appeal," Palgrave Macmillan Books, in: Payday Lending: Global Growth of the High-Cost Credit Market, chapter 4, pages 73-97, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-36110-3_5
    DOI: 10.1057/9781137361103_5
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