ASIC has successfully completed the major initial licensing of consumer credit businesses as part of the transition to the new national consumer credit laws. ASIC Commissioner, Peter Boxall, said only licensed people or businesses can carry on consumer credit activities now. ‘If you are getting credit or getting advice or assistance on credit make sure…

Read More ASIC refuses four applications for credit licenses and puts conditions on others

On 1 July ASIC announced that it had commenced criminal proceedings against officers of the Wespoint companies for breaches of the corporations act. In a separate matter Rundle was found guilty by a Sydney jury of making misleading statements to a financial institution in support of a $71 million credit facility to fund a Westpoint…

Read More Westpoint and other recent ASIC enforcement actions

Are you having trouble with your bank, struggling to pay bills or having problems with your landlord? Come along to the Alice Springs ‘Know Your Rights Expo’ on 17 August. Experts will be there from ASIC’s MoneySmart, Legal Aid, Consumer Affairs, the Telecommunications Industry Ombudsman and the Financial Ombudsman Service. The expo is being held…

Read More Alice Springs consumer rights expo

Rotary telephone diagram Rotary telephone diagram

CFA has backed the call for the communications regulator ACMA to act to stop the unfair discrimination against mobile phone users in relation to 1800, 1300 and 13 numbers. CFA’s short submission to the ACMA Numbering Project supported CFA member ACCAN’s call for ACMA to consider how it can facilitate social inclusion and achieve broad…

Read More CFA calls on ACMA to stop phone number discrimination

The Commonwealth Department of Health and Ageing, in consultation with a working group of representatives from Commonwealth, state and territory health departments, has prepared an issues paper on the proposed establishment and implementation of a Personally Controlled Electronic Health Record (PCEHR) system.  The PCEHR is intended to be a secure, electronic record of an individual’s medical history, stored and…

Read More Call for comments on electronic health records system

The Standing Committee on Social Policy and Legal Affairs is holding an inquiry into the insurance industry with specific reference to extreme weather and disaster events. Submissions will be accepted until Friday 12 August 2011, with the exception of submissions from Western Australia, which are requested by Friday 22 July 2011, as the Committee will…

Read More Operation of the insurance industry during disaster events – Commonwealth inquiry

The Select Committee on Australia’s Food Processing Sector is inquiring into the competitiveness and future viability of Australia’s food processing sector. As part of its inquiry, the committee will consider the implications for the sector of Australia’s regulatory environment, competition regime and anti-dumping rules, international anti-free trade measures, and production inputs. The committee is inviting…

Read More Senate Inquiry into Australia’s Food Processing Sector

Standards Australia is developing a new standard, DR AS/NZS 5377 – Collection, storage, transport and treatment of e-waste. This standard is intended to guide industry in complying with Product Stewardship legislation expected to pass through federal parliament this year. The legislation is part of the government’s National Waste Policy which aims to minimise dumping of…

Read More Proposed new standard for e-waste

Map of Australia in blue dots Map of Australia in blue dots

ACCAN national conference 2011 7-8 September 2011 Aerial UTS Function Centre, Sydney With the rollout of the National Broadband Network underway, many consumers want to know what Australia’s future will be like with universal access to high-speed broadband. What sort of services and applications in the home will telecommunications providers be able to offer their…

Read More Our Broadband Future

CFA welcomes recent action by the ACCC to respond to misleading advertising in the communications sector. In July the Federal Court  ordered Optus to pay $5.26 million in civil pecuniary penalties for breaches of the Trade Practices Act through the advertising of  various broadband internet plans. In recent months, the ACCC has successfully taken enforcement…

Read More Optus latest telco to be stung for misleading advertising

Allphones penalised $45,000 for contempt of court The Federal Court has penalised Allphones Retail Pty Ltd $45,000 for contempt of orders following action by the Australian Competition and Consumer Commission. For more information see the ACCC website. Optus penalised $5.26 million for misleading broadband advertising The Federal Court has ordered Optus to pay $5.26 million…

Read More ACCC Enforcement Announcements, July 2011