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The Guardian - AU
The Guardian - AU
National
Christopher Knaus and Lorena Allam

Predatory rent-to-buy operators barred from Centrepay debit system in sweeping Albanese government reforms

Centrepay ASIC Bettina Cooper ACOSS AGL Guardian Australia
Centrepay Composite featuring Centrepay logo atop generic image of white goods and a standard lease agreement
The federal government will remove predatory rent-to-buy lenders from the Centrepay debit service as part of wider reforms. Composite: Universal Image Group/Getty Images/Centrepay

The federal government will boot predatory rent-to-buy operators off its Centrepay debit system as part of sweeping reforms designed to stop the financial abuse of vulnerable Australians.

The reforms, set to be announced Monday, follow a Guardian Australian investigation that revealed shocking failures in the Centrepay system and helped trigger an urgent government review.

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