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Credit Contracts and Consumer Finance Amendment Bill

Government Bill
Published date: 20 Oct 2025

Bills are proposals to make a new law or to change an existing one. Only Parliament can pass a bill. Each bill goes through several stages, giving MPs and the public the chance to have their say.

This bill aims to simplify and streamline the effective regulation of financial services by aligning both the regulator and aspects of the regulatory model for consumer credit with that under the Financial Markets Conduct Act 2013, as well as making other improvements to ensure the legislation is clear and proportionate.
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MP in charge
Hon Scott Simpson
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confirmation_number Bill No.137-2
account_balance54Parliament

Progress of the Bill

  • Committee of Whole House
  • 3
    Third Reading
  • Royal Assent
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Second Reading

The House debates and votes on the bill and any changes suggested by the select committee.

Resources

  • Member(s) in charge: Hon Scott Simpson
    Type of Bill: Government
    Parliament: 54
    Bill no: 137-2
    Introduction: 30 Mar 2025
    First reading agreed: 20 May 2025
    Referred to: Finance and Expenditure
    Submissions due: 22 Jun 2025
    Select Committee Report(s): Credit Contracts and Consumer Finance Amendment Bill - 19 Oct 2025