“I wish I’d known sooner” say those in financial hardship
FCA welcomes Salvation Army’s report on the important benefits of free Financial Counselling .
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Finance
How to improve dispute schemes where debt recovery has commenced
An ASIC review has found areas for improvement for EDR schemes, licensees and consumer advisers.
Read More How to improve dispute schemes where debt recovery has commenced
Financial Stress Study
Australians under financial stress benefit from being able to access financial counselling.
Read More Financial Stress Study
ASICs’ Money Health Check tools
Is your money healthy? ASIC have launched a new tool to help you with a check up.
Read More ASICs’ Money Health Check tools
Cut to single parent payment may be a false economy
Around 100,000 single parent households face the prospect of increased financial stress next year.
Read More Cut to single parent payment may be a false economy
Consumer groups fear small debts could lead to big problems for Australian consumers
Consumer advocate groups are urging the Government to reconsider credit reporting reforms to prevent life changing mistakes.
Read More Consumer groups fear small debts could lead to big problems for Australian consumers
CHOICE says Australian’s deserve full interest rate cut
Banks have an opportunity to put consumers and competition first.
Read More CHOICE says Australian’s deserve full interest rate cut
ASIC consults on FOFA conflicted remuneration provisions
FOFA reforms are intended to better align the interests of financial advisers and their retail clients.
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Direct Debits – Good or Bad for Consumers?
Direct debits are convenient and often earn discounts; but Ian Jarratt argues there are risks for consumers. What do you think?
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ASIC releases report on home loan exit fees
Three-quarters of the 20 lenders it surveyed failed to hold records of how they calculated how much borrowers should be charged.
Read More ASIC releases report on home loan exit fees
ACCC proposes green light for fee-free ATMS in remote communities
ACCC likely to authorise a project to provide fee free ATM withdrawals and balance inquiries.
Read More ACCC proposes green light for fee-free ATMS in remote communities
Report reveals differences in how banks treat Victorians doing it tough
CBA and Westpac need to ‘lift their game’ according to the FCRC.
Read More Report reveals differences in how banks treat Victorians doing it tough