On 4 June the Treasury states the Government is seeking stakeholder views on the exposure draft of the National Consumer Credit Protection Amendment (Mandatory Comprehensive Credit Reporting) Regulations 2018 (Cth), which propose to give effect to a number of provisions within the National Consumer Credit Protection Amendment (Mandatory Comprehensive Credit Reporting) Bill2018 (Bill).

The Treasurer, the Hon Scott Morrison, stated that the Bill will require the major banks to supply comprehensive credit information to credit reporting bodies from 1 July 2018.

Consultation closes on 13 June.