PAY­DAY LEND­ING

Southern Telegraph - - News -

Pay­day loan sharks prey on vul­ner­a­ble house­holds with low in­comes.

A dryer worth $345 re­port­edly cost some­one more than $5,000. Fridges cost­ing $1,000 end up cost­ing $6,000.

It’s an ab­so­lutely dis­grace­ful prac­tice, but it’s been over three years since the Lib­eral gov­ern­ment started the pay day lend­ing re­form process.

This isn’t good enough. The Lib­eral gov­ern­ment is fail­ing to pro­tect Aus­tralian con­sumers and that’s why Madeleine King speaks up in Par­lia­ment to hold them to ac­count.

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