Scams: Mandatory regulation outline promising but more clarity needed on standards and consumers’ rights to reimbursement
The mandatory Code for Scams consultation paper announced by the Federal Treasury today sets out some proposals to tackle the scams crisis, however the final regulation must land on clearer stipulated...
Banking industry announcement a big first step in addressing scams
Consumer Action Law Centre has welcomed the scams safe accord announced by the Australian Banking Association (ABA) and Customer Owned Banking Association (COBA) which has involved, for the first time...
Federal Court Grants Injunction to Protect Pawned Goods in Class Action against Pawnbroker, Taylors Business
The Federal Court has granted an injunction against pawnbroker, Taylors Business Pty Ltd (ACN 107 445 723) (Taylors Business) in class action proceedings filed by Consumer Action Law Centre (Consumer...
Consumer Action launches class action in Federal Court against pawnbroker Taylors Business
Consumer Action Law Centre (Consumer Action) has filed a class action in the Federal Court of Australia against Taylors Business Pty Ltd. The lead plaintiff, a Victorian woman, represents herself and...
REPORT: Victoria overrun with dodgy lemon cars as current dispute process totally unfit for consumers
A groundbreaking report from the Consumer Policy Research Centre (CPRC) has found that over half (54%) of all Victorians who bought used or new car in the past five years experienced major or minor fa...
Consumer Action statement on the referendum result
The referendum result is incredibly tough for our First Nations staff, stakeholders and First Nations people across the country. Consumer Action feels deep disappointment and concern about the message...
Telcos still not connecting with Aussies -especially those most impacted by the cost-of-living crisis
The latest figures released in the Telecommunications Industry Ombudsman’s (TIO) 2023 Annual report show that the nation’s telcos are still not providing an acceptable standard of service in many key...
ASIC’s strong action against discredited loan-shark Cigno, BSF Solutions and its directors applauded
Consumer Action Law Centre and Financial Counselling Australia say they hope the Australian Securities and Investment Commission’s (ASIC) court action announced today against Cigno and BSF Solutions a...
In this cost-of-living crisis Telstra can do much better on hardship support
The vast majority of Telstra customers will pay $5 per month more on their internet bills following price increases announced this week. Consumer Action Law Centre CEO Stephanie Tonkin said a growi...
Consumer Action backs First Nations Voice and says ‘vote YES’
Consumer Action Law Centre strongly supports a yes vote in the coming October 14 referendum. In 2017 Consumer Action officially supported the Uluru Statement from the Heart for acknowledgement in t...
REPORT: Insurers must lift their game and handle customer claims better especially for vulnerable consumers
A new Report from the Australian Securities and Investment Commission (ASIC), Navigating the storm: ASIC's review of home insurance claims (LINK) calls on Australia’s insurers to step up and improve r...
ASIC action against debt vulture preying on people in financial hardship welcomed
Consumer Action Law Centre has welcomed news that corporate watchdog the Australian Securities and Investments Commission (ASIC) is taking legal action against Bakken Holdings Pty Ltd, also known as S...
Complaints about financial firms to AFCA skyrocket as thousands of Australians left behind
The Australian Financial Complaints Authority (AFCA) has revealed that consumers in dispute with financial firms lodged a record 96,987 complaints in the past 12 months, an unprecedented rise of 34 pe...
‘Claim denied’: Report highlights insurance industry’s systemic failure
A new report has found that insurance companies are relying on maintenance or wear and tear exclusions to deny customers too many claims with almost half the decisions subsequently overturned on appea...
Good news: Predatory lenders Cigno and BHF won’t escape justice
The success of the Australian Securities and Investment Commission (ASIC) in its Federal Court action against Cigno Pty Ltd (Cigno) and BHF Solutions Pty Ltd (BHF Solutions), is good news which we hop...
REPORT: More support needed to help Victorians households manage power bills
A new report released today by Consumer Action Law Centre has found that while Victoria’s energy retailers continue to improve their support for people in financial hardship, many Victorians continue...
Albanese Government’s new consumer safeguards for telco customers doing it tough welcomed
Consumer Action’s Acting CEO Tania Clarke has congratulated Minister for Communications Michelle Rowland for acting swiftly to address the growing list of concerns from consumer advocates and telco cu...
Australian scam victims left behind as UK puts responsibility on banks to reimburse customers
In a world first, the UK Parliament this week passed legislation that will protect banking customers from the losses they experience as a direct result of being tricked by scammers. British banks a...
One million telco complaints: ACCC calls for stronger regulations for nation’s most distrusted industry
Consumer Action Acting CEO Tania Clarke says Minister for Communication Michelle Rowland should act now to implement tough new laws to clean up the telco industry. Ms Clarke’s call for action comes...
NAB customers on notice that using NAB bank accounts as a tool of financial abuse will not be tolerated
Consumer Action Acting CEO Tania Clarke has welcomed the announcement today by National Australia Bank (NAB) updating its terms and conditions (T&Cs) that puts NAB customers, who use NAB accounts...
REPORT: Telco industry has ‘failed on almost every level’ to protect and support vulnerable customers
This latest report by the Telecommunications Ombudsman (TIO) published today, Time for Change is shocking to read and makes it clear that industry self-regulation has failed on almost every level when...
Consumer groups welcome Knock to Stay Connected customer code for energy companies
Consumer groups and the financial counselling sector have welcomed the launch of a new customer code for the energy sector. The Knock to Stay Connected customer code requires network companies to visi...
More support needed for Victorian households as cost of default prices for electricity will increase by 25%
The Essential Services Commission (ESC) has listened to consumer groups’ calls for a reduction of the proposed increase to the Victorian Default Offer (VDO) for energy in Victoria. However, today's an...
“Protect people from harm”: Consumer groups respond to BNPL reform announcement
Consumer groups and financial counsellors have said that the Government’s plans for regulation of the buy now, pay later (BNPL) sector announced today will need to include strong requirements for len...
