Articles Archives - Page 14 of 180 - Consumers' Federation of Australia

26 June , 2024

Advocates Welcome Sanctioning of Westpac for Branch Closure

Financial Counselling Australia welcomes the sanctioning of Westpac for breaching the Banking Code of Practice when it closed its branch in Tennant Creek. The branch was suddenly shut in September 2022 leaving some customers with no access to money. “It was a complete mess and done with no consultation. Some people were unable to buy…

25 June , 2024

Government Accepts All Recommendations to Strengthen Food and Grocery Code

The Albanese Government will strengthen the Food and Grocery Code of Conduct, accepting all recommendations of a recent independent review into the Code as part of a wide?ranging cost?of?living crackdown on anti?competitive behaviour in the food and grocery sector. This is about getting a fair go for families and a fair go for farmers. Our…

25 June , 2024

Upcoming Australian Ad Observatory Webinar

Launched in 2021, The Australian Ad Observatory project at the ADM+S has pioneered a way to observe the targeting of social media advertising across populations of users. During phase one, the project generated the largest known collection of targeted ads that people encounter on Facebook in Australia – 328,107 unique ads from 1909 participants –and…

25 June , 2024

ICAN Releases Literature Review on Economic Abuse in First Nations Communities

Today, ICAN releases its literature review: A study of local economic abuse in First Nations communities with a special focus on Australia and Canada. The study was undertaken by Professor Jerry Buckland from the Canadian Mennonite University (CMU) and Carmen Daniels, Research Manager at ICAN. ICAN’s purpose in undertaking the research, was to review the literature…

21 June , 2024

Using behavioural insights to improve International Money Transfer calculators

Every year, Australians transfer an estimated $21 billion to family and friends overseas, making use of international money transfer (IMT) services. However, IMT pricing is complex and often not transparent for consumers. To assist businesses supplying IMT services, the Australian Competition and Consumer Commission issued best practice guidance, aimed at improving how IMT offers are…

21 June , 2024

ACCC Releases Final Report on Regulation of Mobile Terminating Access Service

The ACCC has released its final report outlining the findings of its inquiry into whether the domestic mobile terminating access service should continue to be regulated. Access to telecommunications services in Australia is usually unregulated unless the services are declared. In deciding whether to declare a service, the ACCC must be satisfied that declaration will…

21 June , 2024

Events – Can they be Sustainable?

Events can be high profile and transient, with both positive and negative social, economic and environmental impacts. Sustainable event management includes consideration of these impacts, taking into account the needs of all stakeholders. The revised draft standard AS ISO 20121:2024 Events sustainability magement systems – Requirements with guidance for use can ensure you can have…

20 June , 2024

CHOICE Supermarket Basket Survey Reveals Clear Winner

Consumer group CHOICE has today released its first quarterly, government-funded report on supermarket prices across Australia.

As part of the research, CHOICE sent mystery shoppers to 81 regional and metropolitan supermarkets across the country, including Aldi, Woolworths, and Coles, to record prices for 14 common grocery items.

Read the full story here: www.choice.com.au/cheapestgroceries

19 June , 2024

Toolkit for Toppling Furniture Information Standard Released

From the Australian Competition and Consumer Commission: The ACCC has been working to implement strategies to prevent injuries and deaths caused by toppling furniture. Following a recommendation made by the ACCC, on 3 May 2024 the Assistant Treasurer made the Consumer Goods (Toppling Furniture) Information Standard 2024 (the Information Standard). To give suppliers time to…

17 June , 2024

Consultation on Inquiry into the Wholesale Investor and Client Tests in the Corporations Act

The Parliamentary Joint Committee on Corporations and Financial Services is conducting an inquiry into the wholesale investor test for offers of securities and the wholesale client test for financial products and services in the Corporations Act 2001. This is a very important inquiry for consumers because: The inquiry’s Terms of Reference, submissions, etc. are available here.…

6 June , 2024

ACNC Releases the 10th Edition of the Australian Charities Report

Charities work across multiple sectors, but the Australian Charities Report is of strategic importance as it aggregates charity data (from 51,536 charities) to provide a holistic picture or ‘sector-wide’ view. Cost of living increases impact charities Our [the Australian and Not-for-Profits Commission or ACNC] data shows that cost of living issues had an impact on…

5 June , 2024

Consumer Groups Welcome New Credit Regulations for Buy Now, Pay Later

New laws regulating Buy Now, Pay Later (BNPL) have been announced today. Consumer groups respond as follows: Quotes attributable to Stephanie Tonkin, CEO of Consumer Action Law Centre “We welcome the Albanese Government’s new laws that regulate Buy Now, Pay Later as credit and introducing consumer protections. “Every day we speak to people in financial…