Corporate watchdog hits back at claims retail ban having a disastrous impact on First Nation communities

Corporate watchdog hits back at claims retail ban having a disastrous impact on First Nation communitiesAustralia’s corporate watchdog has defended itself against claims its ban on credit purchases from a retail chain that targets remote Indigenous communities is having a “disastrous impact” on First Nations customers.

In a statement released on Wednesday, Urban Rampage lawyer Leon Loganathan said the temporary ban was another case of a “government effectively telling First Nations people how to live their lives”. The regulator estimates more than 10,000 customers are affected. Data shows that the Urban Rampage store in Alice Springs signed up more than 5000 customers in the 12 months from December 2022 to December 2023.

Mob Strong financial counsellor Bettina Cooper said the people assisted by the debt help group were seeing their “finite amount of income … going to multiple Centrepay deductions.”Centrepay is a long-standing Commonwealth credit scheme provided to Centrelink customers. Centrepay-approved payments are deducted from Centrelink payments when they land in the customer’s bank account, locking in payment to that business before necessities like food can be purchased.

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