The Turnbull Governments pay day lending reforms that were meant to be introduced to Parliament in the first quarter of this year appear to have been shelved indefinitely, leaving vulnerable Australians to be ripped off with no protection from the government.

These vital financial services reforms are needed to implement reforms that would improve protections for consumers of payday loans and rent-to-buy schemes.

In February, Government officials said the legislation would be introduced in the Autumn session of Parliament which ended in April, but it never appeared.

Last night in Budget estimates the same Treasury officials said they are now not sure when the legislation will be introduced and introduction timing is a matter for government.

Scott Morrison needs to stop protecting dodgy payday lenders and rent-to-buy scheme operators and introduce this legislation as a matter of urgency.

ScoMo protected these operators by excluding them from the Royal Commission and he is now unnecessarily delaying legislation that would pull them into line and help protect vulnerable Australians that are being preyed upon.

Once again, its the conservative backbench, including the Parliamentary Friends of Payday Lending, setting this Governments agenda, not the Cabinet, not the relevant Ministers, and certainly not the Prime Minister.

Malcolm Turnbull, Scott Morrison and Michael Sukkar need to deliver on their promises, and put the interests of consumers who are getting ripped off before the interests of their mates at the big end of town.