The life insurance industry’s new code of practice is a modest step but much more work is needed to deliver good consumer protection, say Financial Rights Legal Centre and Consumer Action Law Centre.
Struggling Aussies are losing their life savings to black market housing operators spruiking dodgy property deals. A new report shows the devastation caused by risky vendor finance and rent-to-buy property deals and calls for law reform and a ban.
Consumer Action Law Centre today released new legal advice from an eminent Queen’s Counsel about the Federal Government’s ability to claw back VET FEE-HELP funding. The advice is that the Government could compulsorily recover VET FEE-HELP money paid out to dodgy vocational education providers. This release follows reports that the Federal Cabinet is currently considering […]
The much anticipated Victorian Parliamentary inquiry into the retirement housing sector commences today at Parliament House. Representatives from government, the retirement housing industry and the community sector are scheduled to appear. The inquiry was established earlier this year after persistent claims that retirement housing in Victoria is too complex, too expensive, and leaves retirees silenced […]
Australians sold junk insurance are demanding their money back as ASIC releases a damning report into the atrocious value and shocking sales practices at car yards.
A coalition of consumer organisations have cautioned the Turnbull Government about the establishment of a Banking Tribunal.
The law must be changed to restore fairness in bank fees according Consumer Action Law Centre and CHOICE.
A Federal Court decision has allowed for the continued exploitation of Indigenous Australians through dud Funeral Insurance schemes.
A new poll released today made a strong case for the establishment of a Retail Ombudsman, a free and informal way to resolve disputes between everyday Australians and businesses, including tradies and online shops. Sixty percent (60%) of Australians surveyed by IPSOS* said that they would use a Retail Ombudsman if available. This is remarkable […]
“It’s clear that the current maximum financial penalties under the Australian Consumer Law are inadequate”