Joint submission to the Treasury re: Duty to take reasonable care not to make a misrepresentation to an insurer
This is a joint consumer submission from the Financial Rights Legal Centre, Consumer Action Law Centre, CHOICE, the Public Interest Advocacy Centre, Financial Counselling Australia, and the Consumer Credit Legal Service (WA). Our organisations have made comprehensive contributions to the Financial Services Royal Commission that led to an examination of the duty of disclosure, and we strongly support the introduction of a new duty to not make a misrepresentation to an insurer.
Read the full submission [here]
Recommendation 4.5 - Duty to take reasonable care not to make a