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Tag: Cost of living

You are here:  HomeConsumer Action Law Centre  ⁄  News  ⁄  Cost of living

OPINION: Banks must use their windfall profits to tackle the scam crisis  

By Stephanie Tonkin, CEO, Consumer Action Law Centre   The big four banks are tipped to make record profits this financial year, with some analysts suggesting they will collectively rake in more th...
March 27, 2023

Energy price hikes a further blow to families during cost-of-living crisis

Energy price hikes announced today of more than 30 per cent in the Victorian Default Offer (VDO) draft determination, are yet another blow to families during the worst cost of-living crisis in a gener...
March 15, 2023

Consumer Action calling on banks to block payments to scammers and reimburse victims 

Australia’s banks should  quickly introduce measures to stop scams, make their systems safer and reimburse victims or be made by Government to do so, says Consumer Action CEO Stephanie Tonkin. Ms Tonk...
February 15, 2023

Regulate Buy Now, Pay Later like other credit products to boost customer safeguards, consumer groups say

Buy Now, Pay Later (BNPL) late fees and charges would be capped, and providers would be licensed and banned from making unsolicited offers of credit, under recommendations for proper regulation of the...
December 23, 2022

Energy price caps welcomed, but bill relief needs to reach those doing it toughest in cost-of-living crisis

Consumer Action Law Centre has welcomed today’s passing of the Competition and Consumer Amendment (Gas Prices) Bill 2022, which will cap gas prices and deliver bill relief, as well as plans to support...
December 15, 2022

 Water prices a welcome relief but hardship concerns remain

Consumer Action has welcomed the price proposals from Victorian water businesses for the period 2023-28 in a submission to the Essential Services Commissions Initial Feedback: 2023-28 Water Price Revi...
December 1, 2022

Wholesale energy upheaval should not push default electricity prices higher

The Consumer Action Law Centre (Consumer Action) has written to Kate Symons, Chairperson of the Essential Services Commission (ESC), urging caution before accepting electricity retailer arguments to r...
August 2, 2022

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