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Guardian Australia last week revealed widespread problems with the Centrepay system, including its continued use by rent-to-buy appliance companies that had previously been sanctioned by the Australian Securities and Investments Commission (Asic) for predatory conduct.
Last year Asic revealed in parliament it had repeatedly and privately expressed concern to Services Australia about 122 rent-to-buy appliance companies, many of which operate in Indigenous communities.
Government ignored warnings more than 100 companies may be misusing Centrepay scheme, Asic says