ASIC surveillance snapshot and service charter
A snapshot of ASIC’s surveillance work has been published for the first time.
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Finance
ASIC acts on finance providers who harm consumers’ interests
Report includes case studies of action against financial ‘gatekeepers’.
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Counsellors are finance world heros
Scott Pape, Barefoot Investor, gives a big “Toes Up” to hard-working financial counsellors.
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Consumer Action welcomes ruling on bank penalty fees
Court finds a number of different bank fees are capable of being considered unlawful penalties.
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“Financial counsellor” now reserved for compliant non-profits
New laws prevent commercial providers using the term.
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Consumer Credit Bill offers mixed bag for consumers
Changes to legislation fail to recognise the need to better regulate short-term creditors.
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How do you keep track of your spending?
ASIC provides tools and tips on how to know and control where your money is going.
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Credit card reforms allow consumers to make better decisions about plastic
Credit card reforms are seen as a win for consumers, but are all banks conforming to the new rules?
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GE Money changes personal loan online advertising: ASIC action
Concerns that advertising was potentially misleading underlay ASIC action.
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ASIC takes action on payday loan advertising
Cash Today Pty Ltd has changed the advertising of its low value short-term loans on its website following concerns about interest rate disclosure.
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Mass complaint made against Motor Finance Wizard
Consumer Action has asked the Credit Ombudsman to take into account the similarities in the complaints.
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Report uncovers impact of payday loans
Caught Short, a new report by three universities explores the role of small, short-term loans in the lives of Australians
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