Read ‘Are we there yet? (the mysterious case of the vanishing SACC Bill)’ and new research from Digital Finance Analytics.
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since the review of the Small Amount Credit Contract laws started.
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Latest News and Media Releases
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Stop the spread: New ASIC powers to be extended to funeral insurance, “buy now pay later” credit
The Turnbull Government is set to boost the power of the corporate regulator, with proposed legislation that would allow ASIC to stop even more predatory products from hurting Australians....
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ACCC report calls for much needed, long overdue reform of Australia’s dysfunctional energy market
Consumer Action Law Centre (Consumer Action) commends the ACCC on its report into Australia’s electricity market, Restoring electricity affordability and Australia’s competitive advantage. The report advocates for strong, wide-reaching reforms to benefit Australian households. The ACCC r...
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Consumer concern at Federal Government review of telco complaints handling
The consumer movement has expressed strong concerns at Government proposals to reduce the remit of the Telecommunications Industry Ombudsman. ‘One of the vital elements in the consumer protection regime is the Telecommunications Industry Ombudsman scheme. It is fundamentally important to have ...
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Credit cards should not be a lifelong debt sentence: Media Release
A proposal to prevent credit cards becoming a lifelong debt sentence has been welcomed by Consumer Action Law Centre. The Australian Securities & Investment Commission (ASIC) has released its proposal together with a new report examining credit card lending in Australia. The report finds that......
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