A lack of access to safe and affordable small amount credit is experienced by approximately 15.6 per cent of Australians. Financial exclusion of this kind leads to social exclusion, and arises as a result of social inequity and economic discrimination in the consumer credit market. Therese Wilson discusses that this is a matter of rights-based social justice that this inequity be addressed through consumer credit regulation.
Image courtesy of interviewee. February 17, 2022