Under the Privacy Amendment (Enhancing Privacy Protection) Act 2012, licensed credit providers can collect consumer credit repayment history information about individual borrowers from 12 December 2012.

Repayment history information is defined in Section 6V as:

(a) whether or not the individual has met an obligation to make a monthly payment that is due and payable in relation to the consumer credit;
(b) the day on which the monthly payment is due and payable;
(c) if the individual makes the monthly payment after the day on which the payment is due and payable—the day on which the individual makes that payment.

It does not include the amount of any missed payment — only the fact that the borrower made or missed a payment.

It could include payments on a loan or credit card.

From 12 March 2014 licenced credit providers can pass repayment history information on to credit reporting bodies.

Information about any particular payment cannot be held for more than two years from the date it was due.

Repayment history information will not include information about any payment that was due before 12 December 2012.