Senate debates

Thursday, 13 August 2015

Questions without Notice

Consumer Leases

2:58 pm

Photo of Doug CameronDoug Cameron (NSW, Australian Labor Party, Shadow Minister for Human Services) Share this | Hansard source

My question is to the Minister for Human Services, Senator Payne. I refer to comments on consumer leases made by ASIC Deputy Chair, Mr Peter Kell, who said last month:

It is not uncommon for consumers to pay three or four times more than the purchase price of the leased goods. In some cases it can be up to six times.

Is the minister aware that consumer leasing businesses specifically target Centrelink clients and that these leases cause financial hardship for Centrelink clients, who are encouraged to make payments through Centrepay?

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