Consumer advocates praise court decision against Cigno loans
Consumer advocates have welcomed a Full Federal Court decision striking down a credit law avoidance strategy used by Cigno Pty Ltd and BHF Solutions. For years, fringe lender Cigno has preyed upon...
Commit to a lemon car ombudsman in November election say consumer advocates
Consumer Action Law Centre and WEstJustice Western Community Legal Centre are calling on the Victorian Government to make a solid commitment, ahead of the upcoming Victorian election in November, to i...
Government’s commitment to regulate buy now pay later products welcomed
Key consumer and community groups are welcoming comments by the new Minister for Financial Services, Stephen Jones, that the Government will move to regulate buy now pay later (BNPL). Minister Jone...
ASIC litigation against payday lender: new Federal Government must deliver overdue reform
Consumer Action has welcomed the Australian Securities and Investment Commission’s (ASIC) announcement that it is suing Sunshine Loans for breaches of the National Credit Code for charging unlawful fe...
Opinion: Victoria needs a fair default offer for household gas supply
Reports of gas bills to rise by $150 per annum adds unwanted pressure to Victorian household budgets, when inflationary pressures are already biting.* Over a long period, unfair market tactics have...
Penelope Hill talks about her wonderful career in financial counselling
"Thank you to all my colleagues, past and present... it's been a wonderful privilege to have worked with you all," she says....
Electricity disconnections on the rise as gaps in support for families revealed
Amidst worrying reports of rising energy prices, Consumer Action is calling for energy retailers to do more to help families and people who fall into difficultly with their bill payments, leading to d...
Crypto: As risky as gambling and a haven for scams that demands action
Consumer Action is calling for meaningful protections from scams to apply to businesses operating in the crypto sector. The call comes in a submission to the Treasury’s consultation paper Crypto as...
