What is the latest information on new technology to help consumers purchasing vehicles, and other consumer-related matters?
Ms REBA MEAGHER: As honourable members would be aware, the Office of Fair Trading operates the Register of Encumbered Vehicles, which is otherwise known as REVS. REVS can advise consumers on the financial history of a vehicle, for example, whether it has money owing on it or has been reported stolen. This can save a vulnerable consumer from having debt collectors remove the vehicle because the previous owner did not keep up with repayments. Mr SPEAKER: Order! I call the honourable member for Epping to order. Ms REBA MEAGHER: The role played by REVS in protecting consumers when purchasing vehicles cannot be underestimated. Research shows that one in five vehicles offered for private sale still has money owing on it, which could come back to haunt the new owner. A consumer can purchase a $10 REVS certificate that provides confirmation of clear title and offers legal protection against the vehicle being repossessed. REVS currently holds 2.9 million encumbrances on vehicles, worth more tha
