Credit reporting

In Australia, credit reporting is regulated by:

• Part IIIA of the Privacy Act 1988 (Cth) (‘PA 1988’);
• the Privacy Regulation 2013 (Cth) (‘Privacy Regulation’);
• the Privacy (Credit Reporting) Code 2014 (Version 2.3) (‘CR Code’), which is a legally binding code (see ‘CR Code amendments’, below) – a breach of the CR Code is treated as a breach of the PA 1988;
• the National Consumer Credit Protection Amendment (Mandatory Credit Reporting and Other Measures) Act 2021 (Cth) (‘NCCP Act 2021’);
• the National Consumer Credit Protection Amendment (Debt Management Services) Regulations 2021 (Cth) (‘NCCP Regulations 2021’).