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For the second quarter in a row, record numbers of people are very concerned about the cost of home insurance, according to new data from CHOICE. The nationally representative survey, conducted in June 2022, found that 64% of Australians were very concerned or quite concerned about the cost of home insurance. This is a media release from CHOICE.…

Read More Almost two in three Australians concerned about cost of home insurance

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The Consumers’ Federation of Australia has made a submission to the Energy Security Board in response to its Issues Paper. CFA supports two representatives who participate in the Standards Committee, EM-001 Electric Vehicle Operation. The submission has been developed with the support of these expert consumer representatives and focuses on the questions in the Issues Paper related to…

Read More Consumer empowerment must be central to Electric Vehicle Smart Charging

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Superannuation trustees are being urged to review their internal dispute resolution (IDR) arrangements after the first stage of an ASIC surveillance found indicators of significant compliance issues. This is a media release from the Australian Securities & Investments Commission (ASIC). It was originally published on 10th August, 2022. ASIC’s surveillance examines trustees’ compliance with the new enforceable requirements…

Read More ASIC’s surveillance of internal dispute resolution in superannuation identifies concerns

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The ACCC is seeking feedback on ways to reduce significant safety risks associated with products commonly used to place babies to sleep. A consultation paper published today, outlines a range of proposed regulatory options which aim to prevent infant injuries and deaths caused by inclined and other products when used for sleep. This is a media release from the Australian…

Read More ACCC seeks to reduce infant sleep product risks to help keep babies safe

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ASIC has released Report 735 Retail investor research (REP 735) capturing retail investor motivations, attitudes and behaviours in the period following the onset of the COVID-19 pandemic. This is a media release from the Australian Securities & Investments Commission (ASIC). It was originally published on 11th August, 2022. The research surveyed 1,053 Australian retail investors aged 18 and over who…

Read More ASIC releases research about investment behaviour

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Strata insurance in Australia is a growing class of insurance business as a result of the rising popularity and development of multi-owner properties across the country. However, issues have arisen for consumers living in strata schemes (known as ‘owners corporations’, ‘body corporates’ etc). These issues include: strata managers commonly receive rebates of broker commissions and…

Read More Independent Review of Strata Insurance Practices – phase 1 recommendations

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Australians who are blind or vision impaired face significant barriers and issues when accessing banking and financial institutions and products in Australia, primarily resulting in complete inaccessibility to these institutions and products. This post is taken from a report by Blind Citizens Australia. It was originally published on 15th July, 2022. In a new report, Blind Citizens…

Read More New report from Blind Citizens Australia on access to banking

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Australian consumers have reported widespread consumer guarantee failures, misrepresentations by caravan suppliers, and unexpected delays in the delivery and repair of caravans, according to the ACCC’s New caravan retailing report released today. This is a media release from the Australian Competition & Consumer Commission (ACCC). It was originally published on 21st July, 2022. The report highlights key issues of concern…

Read More Caravan industry on notice for poor treatment of consumers

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Ian Jarratt, CFA Executive member and Queensland Consumers Association (QCA) member, was recently interviewed by the Food and Agriculture Organization of the United Nations about the importance of food transparency, unit pricing, and the role that consumer associations need to play in the transformation of agri-food systems. In this interview, he talks about his experiences from…

Read More Food and Agruculture Organization interview CFA Executive Ian Jarratt

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The recommended pram and stroller safety essentials are the AS/NZS 2088 label on the item, a sturdy frame, a five-point harness and a tether strap, according to the Australian Parenting website. Standards Australia recently published the revised AS 2088:2022 Prams and strollers – Safety requirements which provides manufacturers, authorities, and others with minimum safety requirements for prams and…

Read More Pram and stroller safety essentials