Footnotes

Chapter 1 - Introduction

[1]        Senate Bills List, at: http://parlinfoweb.parl.net/parlinfo/view_document.aspx?id=1444&table=BILLSLST (accessed 18 June 2008).

[2]        Journals of the Senate, 20 March 2008, p.310.

[3]        ASIC (Fair Bank and Credit Card Fees) Amendment Bill 2008, Clause 12FAA Definitions.

[4]        CHOICE and Consumer Action Law Centre, Submission 18, p. 1.

[5]        Nicole Rich, Unfair fees: A report into penalty fees charged by Australian Banks, Consumer Law Centre Victoria, December 2004.

[6]        Nicole Rich, Unfair fees: A report into penalty fees charged by Australian Banks, Consumer Law Centre Victoria, December 2004, pp 21, 45.

[7]        Nicole Rich, Unfair fees: A report into penalty fees charged by Australian Banks, Consumer Law Centre Victoria, December 2004, p. 21.

[8]        Reserve Bank of Australia, 'Banking fees in Australia', Reserve Bank Bulletin, May 2007, p. 79.

[9]        Reserve Bank of Australia, 'Banking fees in Australia', Reserve Bank Bulletin, May 2007, p. 82.

[10]      Ms Elissa Freeman, Senior Policy Officer, CHOICE, Committee Hansard , 12 June 2008, p. 6.

[11]      CHOICE and Consumer Action Law Centre, Submission 18, p. 5.

[12]      Australian Bankers' Association Fact Sheet, 'Exception Fees November 2007', Submission 17.

[13]      Australian Bankers' Association Fact Sheet, 'Exception Fees November 2007', Submission 17.

[14]      Australian Securities and Investments Commission, Submission 12, pp 1-2.

[15]      Australian Securities and Investments Commission, Submission 12, p. 2.

[16]      Australian Securities and Investments Commission, Submission 12, p. 2.

[17]      Australian Securities and Investments Commission, Submission 12, p. 4.

[18]      Australian Securities and Investments Commission, Submission 12, p. 7.

[19]      Mr Gerard Brody, Director, Policy and Campaigns, Consumer Action Law Centre, Committee Hansard, 12 June 2008, p. 15.

[20]      Mr Ben Slade, Member, Consumer Law Committee, Law Council of Australia, Committee Hansard, 12 June 2008, p. 27.

[21]      Productivity Commission 2008, Review of Australia's Consumer Policy Framework, Final Report, Canberra, p. 72.

[22]      Australian Securities and Investments Commission, Submission 12, p. 7.

[23]      Australian Securities and Investments Commission, Submission 12, pp 7-8.

[24]      'A seamless national economy', Council of Australian Governments' Meeting, 3 July 2008, http://www.coag.gov.au/meetings/030708/index.htm#economy (accessed 9 July 2008).

[25]      Australian Bankers' Association, Submission 17, p. 3.

[26]      Australian Securities and Investments Commission, Submission 12, p. 8.

[27]      Mr Ben Slade, Member, Consumer Law Committee, Law Council of Australia, Committee Hansard, 12 June 2008, p. 23.

 

Chapter 2 - Issues

[1]        Australian Consumer Law Committee of the Legal Practice Section of the Law Council of Australia, Submission 21, pp 6-7.

[2]        Financial System Inquiry (the 'Wallis Committee'), Financial System Inquiry Final Report, March 1997.

[3]        Mr David Bell, Chief Executive Officer, Australian Bankers' Association, Committee Hansard, 12 June 2008, pp 35-36.

[4]        Mr Gerard Brody, Director, Policy and Campaigns, Consumer Action Law Centre, Committee Hansard, 12 June 2008, p. 8.

[5]        Mr Ben Slade, Member, Consumer Law Committee, Law Council of Australia, Committee Hansard, 12 June 2008, p. 23.

[6]        Mr Ben Slade, Member, Consumer Law Committee, Law Council of Australia, Committee Hansard, 12 June 2008, p. 25.

[7]        Mr Ben Slade, Member, Consumer Law Committee, Law Council of Australia, Committee Hansard, 12 June 2008, p. 25.

[8]        Mr Ben Slade and Ms Maria Polczynski, Committee Hansard, 12 June 2008, p. 25.

[9]        ABA, Submission 17, p. 2.

[10]      Mr Ian Gilbert, Director, Retail Policy, Australian Bankers' Association, Committee Hansard, 12 June 2008, pp 42-43, quoting from: Productivity Commission 2008, Review of Australia's Consumer Policy Framework, Final Report, Canberra, and Australian Government, The Treasury, Financial Services and Credit Reform: Improving, Simplifying and Standardising Financial Services and Credit Regulation, Green Paper, June 2008.

[11]      Ms Maria Polczynski, Committee Hansard, 12 June 2008, p. 24.

[12]      Ms Maria Polczynski, Committee Hansard, 12 June 2008, p. 25.

[13]      ACLC, Submission 21, p. 10.

[14]      Mr Ben Slade, Committee Hansard, 12 June 2008, p. 24.

[15]      CHOICE and Consumer Action Law Centre, Submission 18, p. 1.

[16]      ABA, Submission 17, p. 4.

[17]      ABA, Submission 17, p. 5.

[18]      ABA, Submission 17, p. 5.

[19]      Mr Gordon Renouf, Committee Hansard, 12 June 2008, p. 3.

[20]      CHOICE and Consumer Action Law Centre, Submission 18, p. 15.

[21]      Mr David Bell, Committee Hansard, 12 June 2008, p. 40.

[22]      Ms Alison Pidgeon, Committee Hansard, 12 June 2008, p. 50.

[23]      Mr David Bell, Chief Executive Officer, Australian Bankers' Association, Committee Hansard, 12 June 2008, p. 36.

[24]      Australian Bankers' Association Inc., Fact Sheet 'Exception Fees November 2007', Attachment to Submission 17.

[25]      Mr Jonathon Campton, Researcher, St Vincent de Paul Society, Committee Hansard. 12 June 2008, pp 16-17.

[26]      Mr Gordon Renouf, Committee Hansard, 12 June 2008, p. 2.

[27]      Mr Gordon Renouf, Committee Hansard, 12 June 2008, p. 2.

[28]      St Vincent de Paul Society, Submission 32, p. 3.

[29]      Ms Michelle Wakeford, Committee Hansard, 12 June 2008, p. 30.

[30]      Ms Michelle Wakeford, Committee Hansard, 12 June 2008, p. 30.

[31]      The Smith Family, Submission 10, p. 2.

[32]      Dr John Falzon, Committee Hansard, 12 June 2008, p. 19.

[33]      Ms Michelle Wakeford, Committee Hansard, 12 June 2008, p. 30.

[34]      Mr David Bell, Committee Hansard, 12 June 2008, p. 39.

[35]      Ms Michelle Wakeford, Committee Hansard, 12 June 2008, p. 31.

[36]      Ms Alison Pidgeon, Committee Hansard, 12 June 2008, p. 52.

[37]      Mr David Bell, Committee Hansard, 12 June 2008, p. 37.

[38]      Mr Gordon Renouf, Committee Hansard, 12 June 2008. p. 14.

[39]      Ms Michelle Wakeford, Committee Hansard, 12 June 2008, p. 30.

[40]      CHOIC and Consumer Action Law Centre, Submission 18, p. 11.

[41]      ASIC, Submission 12, p. 5.

[42]      Mr Ian Gilbert, Committee Hansard, 12 June 2008, p. 46.

 

Family First Dissenting Report

[1]        Australian Bankers Association, Fact Sheet: Exception Fees September 2008, 11 September 2008. Page 4.

[2]        Consumer Action Law Centre and Choice, submission 18, page 4

[3]        Consumer Action Law Centre and Choice, submission 18, page 5-6

[4]        Mr Renouf, Choice, Committee Hansard, 12 June 2008, page 8.

[5]        Australian Bankers Association, Fact Sheet: Exception Fees September 2008, 11 September 2008. Page 4.

[6]        Mr Slade, Law Council of Australia, Committee Hansard, 12 June 2008, page 33.

[7]        Mr Renouf, Choice, Committee Hansard, 12 June 2008, page 11.

[8]        Combined Pensioners and Superannuants Association of NSW Inc, submission 16, page 1.

[9]        Ms Pidgeon, Consumer Credit Legal Service of WA, Committee Hansard, 12 June 2008, page 71-72.

[10]      Ms Wakeford, Brotherhood of St Laurence, Committee Hansard, 12 June 2008, page 43.

[11]      The Smith Family, submission 10, page 2

[12]      Choice and the Consumer Action Law Centre, submission 10 to the Inquiry into the Australian Securities and Investment Commission (Fair bank and Credit Card Fees) Amendment Bill 2007.

[13]      Mr Campton, St Vincent de Paul Society, Committee Hansard, 12 June 2008, page 23-24.

[14]      Mr Bell, Australian Bankers Association, Committee Hansard, 12 June 2008, page 64.

[15]      Consumer Action Law Centre and Choice, submission 18, page 6

[16]      Committee Hansard, 12 June 2008, pages 51-52.

[17]      Mr Bell, Australian Bankers Association, Committee Hansard, 12 June 2008, page 63.

[18]      Mr Bell, Australian Bankers Association, Committee Hansard, 12 June 2008, page 66.

[19]      Consumer Action Law Centre and Choice, submission 18, page 7

[20]      Dr Falzon, St Vincent de Paul Society, Committee Hansard, 12 June 2008, page 22.

[21]      Dr Falzon, St Vincent de Paul Society, Committee Hansard, 12 June 2008, page 26.

[22]      Brotherhood of St Laurence, submission 13, page 1

[23]      The Smith Family, submission 10, page 2

[24]      The Salvation Army, submission 28

[25]      Port Phillip Community Centre, submission 34.

[26]      Mr Bell, Australian Bankers Association, Committee Hansard, 12 June 2008, page 49.

[27]      Ms Pidgeon, Consumer Credit Legal Service of WA, Committee Hansard, 12 June 2008, page 70.

[28]      Consumer Action Law Centre and Choice, submission 18, page 5

[29]      Consumer Action Law Centre and Choice, submission 18, page 9-10

[30]      St Vincent de Paul Society, submission 32, page 3

[31]      Ms Wakeford, Brotherhood of St Laurence, Committee Hansard, 12 June 2008, page 46.

[32]      Australian Securities and Investments Commission, submission 12, page 1-2.

[33]      Consumer Action Law Centre and Choice, submission 18, page 9

[34]      Miss Freeman, Choice, Committee Hansard, 12 June 2008, page 6.

[35]      Mr Renouf, Choice, Committee Hansard, 12 June 2008, page 2.

[36]      Miss Freeman, Choice, Committee Hansard, 12 June 2008, page 14.

[37]      Mr Bell, Australian Bankers Association, Committee Hansard, 12 June 2008, page 50, 53.

[38]      Mr Bell, Australian Bankers Association, Committee Hansard, 12 June 2008, page 53.

[39]      Mr Bell, Australian Bankers Association, Committee Hansard, 12 June 2008, page 54-58.

[40]      Consumer Action Law Centre and Choice, submission 18, page 5