Footnotes

CHAPTER 1 - Introduction

[1]        Replacement Explanatory Memorandum, p. 1.

[2]        Replacement Explanatory Memorandum, p. 2.

CHAPTER 2 - Overview of the Bill

[1]        Replacement Explanatory Memorandum, p. 2.

[2]        Replacement Explanatory Memorandum, pp 22–23.

[3]        Replacement Explanatory Memorandum, p. 23.

[4]        Replacement Explanatory Memorandum, p. 23.

[5]        Replacement Explanatory Memorandum, p. 24.

[6]        Replacement Explanatory Memorandum, p. 24.

CHAPTER 3 - Key issues

[1]        The Hon. Robert McClelland MP, Attorney-General, 'Reforms to personal bankruptcy laws', Media Release, 25 August 2009.

[2]        Consumer Action Law Centre, Submission 3, pp 3-5.

[3]        J. Pentland, Homes at risk: using bankruptcy to collect small debts, Eastern Access Community Health, November 2007, p. 25. www.afccra.org/otherpublication%20documents/Homes%20at%20risk%208%20dec.pdf (accessed 12 February 2010).

[4]        Consumer Action Law Centre, Submission 3, p. 5.

[5]        Financial and Consumer Rights Council, Submission 5, p. 4; Legal Aid NSW, Submission 6, p. 2; PILCH, Submission 10, p. 6; and Consumer Credit Legal Centre (NSW), Submission 11, p. 4.

[6]        Consumer Action Law Centre, Submission 3, p. 6. See also Financial and Consumer Rights Council, Submission 5, pp 1-5; and Consumer Credit Legal Centre (NSW), Submission 11, pp 3‑4.

[7]        See, for example, Australian Institute of Credit Management, Submission 1, p. 1; PPB, Submission 2, p. 1; Bartier Perry, Submission 4, p. 1; and Insolvency Practitioners Association of Australia, Submission 8, pp 2–4.

[8]        Australian Institute of Credit Management, Submission 1, p. 3, citing Inspector‑General in Bankruptcy, Annual Report by the Inspector‑General in Bankruptcy on the operation of the Bankruptcy Act 2007-2008, Table 8.

[9]        Bartier Perry, Submission 4, p. 3.

[10]      Mr Michael Murray, Legal Director, Insolvency Practitioners Association of Australia, Committee Hansard, 28 January 2010, p. 2. See also Ms Del Cseti, National Training and Marketing Manager, Australian Institute of Credit Management, Committee Hansard, 28 January 2010, p. 2.

[11]      Mr Michael Murray, Legal Director, Insolvency Practitioners Association of Australia, Committee Hansard, 28 January 2010, pp 6‑7.

[12]      Mr Michael Murray, Legal Director, Insolvency Practitioners Association of Australia, Committee Hansard, 28 January 2010, p. 3.

[13]      PPB, Submission 2, p. 3.

[14]      Bartier Perry, Submission 4, p. 5.

[15]      Australian Institute of Credit Management, Submission 1, p. 4.

[16]      Ms Del Cseti, National Training and Marketing Manager, Australian Institute of Credit Management, Committee Hansard, 28 January 2010, p. 3.

[17]      See, for example, Insolvency Practitioners Association of Australia, Submission 8, p. 5.

[18]      Australian Bankers' Association, Submission 7, p. 3; and Australian Finance Conference, Submission 12, p. 2.

[19]      Mr Michael Murray, Legal Director, Insolvency Practitioners Association of Australia, Committee Hansard, 28 January 2010, p. 4.

[20]      Ms Katherine Lane, Principal Solicitor, Consumer Credit Legal Centre (NSW), Committee Hansard, 28 January 2010, p. 9.

[21]      Ms Nicole Rich, Director, Policy and Campaigns, Consumer Action Law Centre, Committee Hansard, 28 January 2010, p. 12.

[22]      Dr James Popple, First Assistant Secretary, Civil Law Division, AGD, Committee Hansard, 28 January 2010, p. 16.

[23]      Dr James Popple, First Assistant Secretary, Civil Law Division, AGD, Committee Hansard, 28 January 2010, p. 17.

[24]      AGD, Answer to Question on Notice, 29 January 2010 (8 February 2010), p. 1.

[25]      See, for example, Ms Katherine Lane, Principal Solicitor, Consumer Credit Legal Centre (NSW), Committee Hansard, 28 January 2010, p. 9; and Ms Del Cseti, National Training and Marketing Manager, Australian Institute of Credit Management, Committee Hansard, 28 January 2010, p. 8.

[26]      Mr David Bergman, Assistant Secretary, Bankruptcy Policy Branch, Committee Hansard, 28 January 2010, p. 18.

[27]      Mr David Bergman, Assistant Secretary, Bankruptcy Policy Branch, Committee Hansard, 28 January 2010, p. 26.

[28]      Australian Bankers' Association, Submission 7, p. 4; and Insolvency Practitioners Association of Australia, Submission 8, p. 1.

[29]      Consumer Action Law Centre, Submission 3, p. 6.

[30]      Consumer Credit Legal Centre (NSW), Submission 3, p. 7 quoting Consumer Credit Legal Service (now Consumer Action) and Eastern Access Community Health, Debt Agreements: Remedy or Racket?, November 2005, p. iv. www.consumeraction.org.au/downloads/DebtAgreements-RemedyorRacket2005report.pdf (accessed 12 February 2010).

[31]      Ms Karen Cox, Coordinator, Consumer Credit Legal Centre (NSW), Committee Hansard, 28 January 2010, p. 10. See also Ms Katherine Lane, Principal Solicitor, Consumer Credit Legal Centre (NSW), Committee Hansard, 28 January 2010, p. 11; and Consumer Credit Legal Centre (NSW), Submission 11, pp 9-10.

[32]      Financial and Consumer Rights Council, Submission 5, p. 8.

[33]      Ms Del Cseti, National Training and Marketing Manager, Australian Institute of Credit Management, Committee Hansard, 28 January 2010, p. 6.

[34]      Consumer Action Law Centre, Submission 3, p. 7; and Financial and Consumer Rights Council, Submission 5, p. 8.

[35]      Consumer Credit Legal Centre (NSW), Submission 11, p. 10.

[36]      Dr James Popple, First Assistant Secretary, Civil Law Division, AGD, Committee Hansard, 28 January 2010, p. 17.

[37]      Dr James Popple, First Assistant Secretary, Civil Law Division, AGD, Committee Hansard, 28 January 2010, p. 17.

[38]      For example, see Ms Katherine Lane, Principal Solicitor, Consumer Credit Legal Centre (NSW), Committee Hansard, 28 January 2010, p. 9.

[39]      Mr David Bergman, Assistant Secretary, Bankruptcy Policy Branch, Committee Hansard, 28 January 2010, p. 24. See also ITSA, Answer to Question on Notice, 11 February 2010 (11 February 2010), p. 1.

[40]      See, for example, Australian Institute of Credit Management, Submission 1, p. 5; Consumer Action Law Centre, Submission 3, p. 6; Financial and Consumer Rights Council, Submission 5, p. 6; Insolvency Practitioners Association of Australia, Submission 13, p. 1; and Consumer Credit Legal Centre (NSW), Submission 11, p. 6.

[41]      See, for example, Australian Finance Conference, Submission 12, pp 2-3; Australian Bankers' Association, Submission 7, p. 3; and Westpac, Submission 9, p. 2.

[42]      Ms Fiona Guthrie, Executive Director, Australian Financial Counselling and Credit Reform Association, Committee Hansard, 28 January 2010, p. 14.

[43]      Ms Katherine Lane, Principal Solicitor, Consumer Credit Legal Centre (NSW), Committee Hansard, 28 January 2010, p. 14. For similar arguments, see also Legal Aid NSW, Submission 6, p. 3; and Consumer Credit Legal Centre (NSW), Submission 11, p. 6.

[44]      Australian Finance Conference, Submission 12, pp 2-3.

[45]      Australian Bankers' Association, Submission 7, p. 3.

[46]      Westpac, Submission 9, p. 2.

[47]      Dr James Popple, First Assistant Secretary, Civil Law Division, AGD, Committee Hansard, 28 January 2010, pp 16-17. See also Ms Giulia Inga, Official Receiver, ITSA, Committee Hansard, 28 January 2010, p. 20.

[48]      Mr David Bergman, Assistant Secretary, Bankruptcy Policy Branch, Committee Hansard, 28 January 2010, p. 21.

[49]      Mr David Bergman, Assistant Secretary, Bankruptcy Policy Branch, Committee Hansard, 28 January 2010, pp 19-20; and Ms Giulia Inga, Official Receiver, ITSA, Committee Hansard, 28 January 2010, p. 20.

ADDITIONAL COMMENTS BY LIBERAL SENATORS

[1]        AGD, Answer to Question on Notice, 29 January 2010 (8 February 2010), p. 1.

[2]        Consumer Action Law Centre, Submission 3, p. 7; Financial and Consumer Rights Council, Submission 5, p. 8; and Consumer Credit Legal Centre (NSW), Submission 11, p. 10.