Defined Terms and Documents       

Quantitative, Qualitative, Credit Card Distress Authorities, Numeracy And Literacy Authorities, And Newspaper Article - Evidence Of Unfair Credit Card Practices Which Prey Upon Financially Uneducated And Vulnerable Australians by Numeracy And Literacy Discrimination:

  1.         Australian Governments allocate $43 million annually (circa 2010) to Australian charities to provide Financial Counselling to Australians

  2.         Quotes from reputable authorities about unconscionable advertising of Credit Cards by Credit Card Issuers

  3.         Newspaper articles re Credit Card Debt Accruing Interest, Usurious Interest Rates and Compulsive Buying Disorder

  4.         Usurious Unsecured Personal Loan Interest Rates Charged On Many Credit Cards

  5.         RBA has done naught to require Credit Card Issuers to lower interest rates in line with the fall in the Cash Rate  

  6.         In Nov 2007 the official cash rate was 6.50% and the average credit card interest rate was 14.51%.  In April 2015 the official cash rate was 2.25% and the average credit card interest rate was 17.01%.

  7.         Numeracy And Literacy Range Of Australians

  8.         Summary of newspaper articles re Credit Card debt and Compulsive Buying Disorder articles

  9.         Some facts about the Reserve Bank of Australia

10.         Key finding from financial reviews in different countries

11.         Attachment 'I' - report from the Melbourne Institute released 17 June 2010 which noted that “Credit card debt overtook mortgage debt as the main form of household debt in June, 36.6 per cent compared to 33.9 per cent. 

12.        Consumer Credit Reform and Behavioural Economics: Regulating Australia’s Credit Card Industry    

13.        Chapter Five:  Philosophy of Financial Regulation    

14.        Credit Card Distress Authorities

15.         Numeracy And Literacy Authorities

16.        Seduction by Plastic - ACADEMIC JOURNAL ARTICLE written by Bar-Gill, Oren  Northwestern University Law Review , Vol. 98, No. 4

17.        Debt Collection Agencies  

18.        Credit Reporting Agencies

19.        Welter of Evidence

20.        Regulating the cost of credit  -  Consumer Affairs Victoria  -   Research Paper No. 6  - March 2006  -  Ian Manning  -  National Institute of Economic and Industry Research

21.        Discussion Paper - What do we mean by 'vulnerable' and 'disadvantaged' consumers? - Consumer Affairs Victoria - March 2004

22.        The Unpleasant Truth About Australian Banking  - www.bankinfoline.com

23.         Banking and Finance Consumers Support Assoc Inc. - Denise Bradley

24.         Consumer Action Law Centre and the Financial Rights Legal Centre - Submission to Senate Standing Committees on Economics re inquiry into credit card interest rates  - Recommendations