CFA is involved in Standards Australia’s roadmap to support the deployment of Smart Grids in Australia. Smart grids have the potential to provide greater ability to incorporate and distribute renewable energy, save money through reduced demand, and empower consumers to manage their energy use.

Read More The future of smart grids – Standards Australia roadmap

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CFA member Consumer Action is concerned about the many instances of non-compliance with the law revealed in ASIC’s review of how payday lenders comply. It has also noted some shortcomings in the responsible lending laws.

Read More Consumer action calls for cap on payday lending in response to ASIC report

ASIC’s review of the practices of 19 pay day and other short-term small amount lenders has found that while the majority are aware of and taking steps to comply with their responsible lending obligations, further improvements need to be made.

Read More ASIC seeks consistency in micro lenders’ responsible lending practices

payday loans = debt trap payday loans = debt trap

With the Commonwealth Parliament’s joint committee on corporations and financial services due to report soon, Annette Sampson reports in the SMH on a Queensland court decision that exposes the problems in the payday lending industry.

Read More Stronger hand needed to stop debt traps – committee to report this week

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Enabling technologies have the potential to underpin consumer benefits in areas such as medical treatments, energy generation and environmental remediation. But they may also pose new health, safety and environmental risks, CFA is the Council established to provide advice to government on future directions of their strategy on enabling technologies.

Read More National Enabling Technologies Strategy: A national approach

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CFA member the Consumer Action Law Centre has expressed disappointment with the Government’s initial response to the National Disaster Insurance Review (NDIR) Panel’s report which it labelled as ‘indecisive’. While the Centre welcomed moves towards a system which would see more Australians covered by flood insurance, it raised concerns about the proposed ‘opt out’ model and has lamented the lack of tangible interim measures in the Government’s response.

Read More Stronger response needed to ensure consumers are protected in times of disaster

The Commonwealth has accepted a proposal to introduce a standard definition of flood and compel insurers to include a flood cover option in all home and contents insurance. This will mean consumers (generally) get two prices in an insurance contract offer: with and without flood cover.

Read More Standard definition of flood in insurance policies + mandatory offer +/- affordability?