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Here you'll find media releases from FCRC and the organisations with whom we work, such as Financial Counselling Australia, The Victorian Council of Social Services and others.

Monday 25 Sep 2017

FCRC congratulates the Victorian Government for implementing Vehicle Registration payment system

25 September 2017

For immediate release

The Financial and Consumer Rights Council Inc (FCRC) today welcomed the Victorian Government announcement that it was introducing instalment payment options for car registration. 

FCRC Chair, Julie Barrow, who initiated a campaign for the change in 2015, said she was pleased the government had listened to community concerns. "An $800 charge in one hit for an annual fee is a significant challenge for many Victorians to manage. It is important to provide other options for payment that reduce financial stress," she said.

Victorians have found it tough to pay the annual lump sum for vehicle registration in one payment with some having to take out expensive short term loans to keep their cars on the road. This change will not only make registration payments easier to budget for, it will save people going into bad debt to pay for it.

"FCRC launched a campaign for car rego instalment payments in 2015, and we got a great response, with more than 140,000 Victorians signing up to our petition," says Julie. "It is great news, especially for Victorians under financial pressure, that from January next year they will not be forced to come up with $800 up front to be able to continue driving a car, but will be able to split payments over three or six monthly periods."

Julie, who works as a financial counsellor at Diversitat Geelong, also stated "we would like to see the Government continue to review affordability of vehicle registrations for low income earners and explore options for payment by pensioners and Centrelink recipients through Centrepay as well."

Like Julie, many Victorians living in regional and rural Victoria have little option but to own a car, for them this is a tremendous relief, especially for those who may be doing it tough.

 

The following quotes are attributable to FCRC Executive Officer Sandy Ross.

“FCRC congratulates the Victorian Government for introducing payments by instalments for vehicle registrations. It is a tremendous outcome.”

“This is a great win for Victorian families, when bills are piling up a big car rego payment has often dealt a vicious blow.”

“This is especially important for regional and rural Victorians who have little option but to have a car.”

“This change will prevent Victorians going into bad debt to keep their car on the road.”

“This will make life far easier for all Victorian vehicle owners who have ever struggled to pay their Rego”

 

FCRC is the peak body for Financial Counsellors in Victoria.

Financial counsellors provide information, support and advocacy to people in financial difficulty.

 

LINKS

FCRC report on the car registration payments issue available for download at http://www.fcrc.org.au/News_Publications/Reports.htm?filter=07-2015

Petition site: http://chn.ge/1TGF9O8

 

ENDS 

 

Media Contacts:

Julie Barrow
Chairperson
Financial and Consumer Rights Council
0432 234 988

Sandy Ross
Executive Officer
Financial and Consumer Rights Council
0417 557 420