Australia: Consumer Credit

A possession claim is a court proceeding brought by a lender seeking possession of mortgaged property after a borrower defaults on their loan obligations. In Queensland, possession proceedings are governed by a combination of the mortgage contract, the Uniform Civil Procedure Rules 1999 (Qld), the Property Law Act 2023 (Qld), and, for regulated consumer loans, the National Consumer Credit Protection Act 2009 (Cth) and National Credit Code.

This is a significant result for registered rights owners and for the law of trade marks in Australia, affirming the protection afforded to registered trade mark holders against concurrent users who cannot demonstrate...

On 31 March 2026, the Reserve Bank of Australia (RBA) published its conclusions paper titled Merchant Card Payments Costs and Surcharging.

The decision in Manariti v Universal Property Group1 answers this ancient Security of Payment riddle.

Commission-based remuneration is a practice the ACCC recommends avoiding in the ACCC's best practice recommendations.

There are steps you can take to maximise the chances of individual debtors paying up and also avoid the time and cost of issuing legal proceedings.

On 12 March 2024, the Australian Treasury released for consultation an exposure draft legislative package that proposes to amend the current regulatory framework to regulate low cost credit contracts (LCCCs), including Buy Now Pay Later (BNPL) arrangements and other types of credit contracts.

The AICM goal is to help members, partners, government, and other related bodies to succeed in credit-related matters.

ASIC has issued Consultation Paper 371, proposing an extension of the Credit PI Orders until 1 October 2032.