Articles

Decorative judgement scale and gavel placed on desk in light lawyer office against window Decorative judgement scale and gavel placed on desk in light lawyer office against window

HSBC Bank Australia Limited (HSBC Australia) failed to adequately protect customers scammed out of millions of dollars, according to documents filed by ASIC in the Federal Court today. ASIC alleges HSBC Australia failed to have adequate controls in place to prevent and detect unauthorised payments and failed to comply with its obligations to investigate customer…

Read More Win for Consumers and Advocates as ASIC Sues HSBC Australia, Alleges “widespread and systemic” failings

Consumer Protection

Commonwealth, State, Territory and New Zealand Consumer Affairs Ministers met on Tuesday 10 December 2024 to renew their commitment to strengthen consumer protections across the country. Ministers attending the meeting, chaired by Commonwealth Assistant Treasurer Stephen Jones, acknowledged the substantial progress on key reforms to the Australian Consumer Law over the past year, including work to strengthen…

Read More Consumer Affairs Ministers Set 2025 Agenda, Consumer Protection to remain at the forefront

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Public comment and submission is now open for the Victorian Bar, Western Australian Bar, and Chartered Accountants Australia and New Zealand’s proposed Professional Standards Schemes. A professional standards scheme is a legal instrument that limits the occupational liability or damages that can be awarded against a member of the association to whom a scheme applies.…

Read More Bar and Accounting Professional Standards Schemes Open for Comment and Submissions

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Today (5 December) the Parliamentary Joint Committee on Corporations and Financial Services will release its long-awaited report from the inquiry into the Financial Services Regulatory Framework in Relation to Financial Abuse, which commenced in April 2024. Members of the Economic Abuse Reference Group, a national network of over 50 community organisations that work with government…

Read More Community Advocates Welcome Government Report on Financial Abuse

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Consumers will now have a voice at the table to determine how the NBN can better serve the needs of communities around Australia thanks to a $2.56 million funding grant from the Australian Government to the Australian Communications Consumer Action Network (ACCAN). As the peak communications consumer body, ACCAN’s new funding will allow it to…

Read More Australian Consumers Now Have a Voice at the NBN Table

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Financial Counselling Australia (FCA) has welcomed an ASIC report calling on Australia’s insurers to improve their complaints handling processes.   “We are disappointed but not surprised.?The findings from ASIC’s review of insurance complaints handling mirrors the experience of many financial counsellors supporting their clients through the claims process,” said Vicki Staff, FCA’s insurance expert.   ASIC’s review of…

Read More Review Finds Systemic Failures in Insurers’ Internal Dispute Resolution

International Volunteer Day

 International Volunteer Day (IVD) is a global celebration highlighting the vital role volunteers play in addressing the world’s challenges and highlights the power of volunteering to strengthen communities and create positive change. Consumers Federation of Australia (CFA) uses the opportunity to acknowledge and shine a light on the important work of volunteers. CFA depends on the…

Read More International Volunteer Day – December 5 2024

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The Banking Code Compliance Committee (BCCC) is developing their priorities for 2025-26 and is inviting interested parties to complete a short survey to share “new or emerging risks, issues or practices that you believe are concerns and causing harm to consumers or leading to poor outcomes”. The survey is open from 2/12/2024 to 7/02/2025 and survey…

Read More Banking Code Compliance Committee 2025-26 Priorities Consultation

News

Consumer Action Law Centre CEO Stephanie Tonkin said she was absolutely delighted that Minister Bill Shorten has announced consumer protections and reforms to Centrepay that restore it to its original purpose; that it should only be used by consumers to make regular voluntary payments for essential bills and expenses. (link to media release) “We have…

Read More New Centrepay Reform Bans Predatory Rent-to-Buy’s in Win for Consumers and Advocates

Knowledge is Power

ICAN’s Yarnin’ Energy team launched a ‘Get emPOWERed!’ competition on Monday the 11th of November. The competition has been designed to engage people to participate in the coaching component of our Yarnin’ Energy program. “The first fifty people to book and attend an appointment with one of our Yarnin’ Energy Mentors will receive a FREE Energy…

Read More ICAN Launches ‘Get emPOWERed!’ Competition through Yarnin’ Energy Program

SAFETY

Child-resistant packaging is used to create a physical barrier between a child and a potentially hazardous product. Various types of packaging are recognized as being child-resistant, based on performance testing against standards for specific product categories and packaging types. Since this type of packaging was introduced, the incidence of accidental ingestion of potentially hazardous products…

Read More Child-Resistant Packaging – Draft Standard Open for Public Comment

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Global average concentrations of all major long-lived greenhouse gases continue to rise in the atmosphere, driving further climate change says a new report by CSIRO: State of the Climate.  This eighth biennial State of the Climate report is a synthesis of the science that underpins our understanding of Australia’s climate. It is intended to inform…

Read More Greenhouses Gases Continue to Rise – 2023 the Warmest Year on Record