CALC policy officer David Leermakers told PREFERENCE that arming ASIC by having a brand new anti-avoidance supply, whilst the CALC submission suggested, would help rein in pay day loan operators that push the restrictions. “Payday lenders have a practice of finding innovative how to dodge regulations, plus they’ve been carrying it out for a very long time,” he contends. “the law that is new clear: it claims ‘these would be the costs you are allowed to charge’, nevertheless the payday loan providers continue to move throughout the boundaries and locate techniques for getting around such limitations that will never be appropriate.”