In August 2015, a government-mandated review of small amount loans was undertaken to examine and report on the effectiveness of the laws relating to small loans and consumer leases, and considered critical issues for long term industry viability such as competition, fairness, innovation, efficiency, and regulatory compliance costs. Small Loans, Big Need, is an industry-led response to this review, to have an open and honest discussion about small loans, so that all Australians can understand the true nature of small loans, and the big need that exists for them. Our Media and Government Info Centre contains handy tools and information about Small Loans, Big Need, to assist the media in producing balanced reports based on the facts, and for members of the Government to access relevant data and research to assist in creating fair policies.
