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ARCA, ABA review Codes

ARCA, ABA review Codes The treatment of joint accounts and the sensitive topic of financial abuse feature in an overhaul of the Credit Reporting Code. The Australian Retail Credit Association yesterday published proposed changes to the Code and is now undertaking public consultation. The Australian Banking Association this morning also announced it has commissioned an independent review of the Banking Code of Practice and the review is now calling for submissions. The National Consumer Credit Protection Amendment (Mandatory Credit Reporting and Other Measures) Act 2021 was passed in February 2021 and provided for a new form of ‘financial hardship information’ to be included in the credit reporting system from 1 July 2022.

Lessons for Libs in Gutwein s triumph

The lessons for the Liberals in Gutwein’s triumph Although the Liberals have achieved their aim of preserving their one-seat majority, it wasn’t a particularly good result for them. Save Share Saturday’s Tasmanian state election turned out to be a personal triumph for Premier Peter Gutwein. He received more than 48 per cent of the vote in his electorate of Bass – a figure only exceeded once before in Tasmanian electoral history. Premier Peter Gutwein and his wife Amanda voting at East Launceston Primary School on Saturday.  AAP And he appears likely to have led the Liberal Party to an unprecedented third consecutive electoral victory, winning 13 of the 25 seats in Tasmania’s Lower House (assuming that the Liberals pick up the fifth seat in the Hobart-based electorate of Clark). His decision to call the election 10 months ahead of schedule has thus been vindicated.

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