Finance Archives - Page 68 of 73 - Consumers' Federation of Australia

5 June , 2012

Financial Exclusion in Australia Increases

New report by the Centre for Social Impact finds nearly 3 million Australians are excluded from financial services.

4 June , 2012

ATM competition – what about some?

The Government and RBA have taken action on access to ATMs in remote Indigenous communities, but issues still remain around competition and transparency.

27 May , 2012

ASIC welcomes remote community fee-free ATM transactions

ASIC has welcomed moves by the banking sector and two independent ATM providers to provide free ATM transactions at 76 ATMs in remote Indigenous communities.

25 May , 2012

Changes to remote ATM fees welcomed

FCA welcomes announcement that problems with ATM access in remote Indigenous communities will be addressed, but consumer groups are not happy with the lack of action on other problems with ATM fees.

25 May , 2012

Government hits ‘cancel’ on broader ATM benefits – CHOICE

CHOICE says that today’s ATM announcement from the Federal Government is a missed opportunity to make essential banking services fairer for Australian consumers.

24 May , 2012

CCMC Update: Chargebacks and direct debit reviews

The CCMC recently completed an inquiry into compliance with clause 20 of the Code, dealing with Chargebacks.

22 May , 2012

Get MoneySmart this end of financial year

The ASIC personal finance website MoneySmart has launched the Top 5 End of Financial Year Tips.

21 May , 2012

Double take as group switch controversies strike again

Independent consumer advocate Christopher Zinn looks at the issues raised by consumer groups promoting a “big switch”.

18 May , 2012

Qantas takes $100m extra in surcharges – CHOICE

CHOICE estimates Qantas collects at least $204 million in payment surcharges yearly.

17 May , 2012

Payday lender’s advertising potentially misleading or in breach of consumer credit laws

A Money3 advertisement boasting that no loan application will be refused has raised the ire of Consumer Action which has asked the ASIC to investigate.

10 May , 2012

Linked credit case could cast doubt on more NAB student loans

The Consumer Action Law Centre has lodged a complaint with the Financial Ombudsman Service against the NAB and is seeking to have its client’s NAB student loan terminated.

10 May , 2012

ASIC updates guidance for investing in mortgage schemes

ASIC has released revised disclosure benchmarks and separate disclosure principles for unlisted mortgage schemes to improve awareness of the investment risks.