Articles

New unfair contract terms legislation came into effect fully across Australia on 1 July 2010, following a concerted campaign by CFA and its members. These laws make unfair terms in consumer contacts void. Many industries use standard-form consumer contracts, including telecommunications, finance, motor traders, gyms, travel and utilities. A term will be unfair where it…

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On Tuesday 15 March 2011 ASIC launched a new personal finance website called MoneySmart to help people make good financial decisions by providing free, independent and unbiased information, tools and motivation. MoneySmart.gov.au is a key part of the National Financial Literacy Strategy, also launched by ASIC on 15 March 2011.. MoneySmart.gov.au provides more than just…

Read More MoneySmart.gov.au – simple guidance you can trust

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March 15 was World Consumer Rights Day and the theme this year was Consumers for Fair Financial Services.  Consumers’ International challenged consumer organisations around the world to use this day to highlight concerns, and lobby their governments and industry bodies to ensure access to secure, safe and fair financial services for all consumers. More details…

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Thursday 28 October 2010 ASIC today suggested simple checks for people to take control of their super savings. Delia Rickard, ASIC’s Senior Executive Leader for Consumers, Advisers & Retail Investors said ‘You may have recently received your annual super statement. The key to making the most of super savings is to know the landscape and…

Read More ASIC’s three steps to decode super statements