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ASIC has commenced a review of the 2009 change that provides consumers with limited access to EDR in the early stages of debt recovery proceedings.
Read More ASIC to review EDR schemes handling of complaints when companies take legal action
ASIC will shortly contact 30 Australian financial services licensees as part of the next phase of its review of financial advice industry practice. The review is intended to provide input into ASIC’s work on educating investors, holding gatekeepers to account and understanding consumer behaviour.
Read More ASIC continues review of financial advisors
The Commonwealth Consumer Affairs Advisory Council has released a discussion paper on gift cards. Restrictive expiry dates and other terms and conditions have been raised by Choice and consumer affairs agencies. Consumers have also lost when issues become insolvent.
Read More Are gift card terms and conditions too tough for consumers?
Parliamentary Joint Committee on Corporations and Financial Services is inviting submissions on MySuper Core Provisions.
Read More Inquiry into the Superannuation Legislation Amendment (MySuper Core Provisions) Bill 2011
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Consumer guarantees became Australia-wide law on 1 January this year. Find out how they can protect consumers when buying goods or services this Christmas
Read More Know your shopping rights: consumer guarantees
Every year, hundreds of Australians are seriously injured using items they believed to be safe, and some people die. With warmer weather people dig out products they have used for months, which may pose risk injury.
The ACCC’s online campaign seeks to ensure this summer is a safe one.
Read More ACCC campaign for a safe summer
ACCC SCAMwatch is advising consumers to watch out for this year’s twelve scams of Christmas.
Scams occur all year round but scammers prey on people’s generosity and vulnerabilities at this time of year.
Read More The twelve scams of Christmas
The Senate Economics Committee invites submissions to the Corporations Amendment (Future of Financial Advice) Bill 2011 and Corporations Amendment (Further Future of Financial Advice Measures) Bill 2011.
Read More Senate inquiry into the future of financial advice
The House of Representatives Standing Committee on Social Policy and Legal Affairs invites submissions on the inquiry into residential strate title insurance.
Read More Inquiry into residential strata title insurance
ASIC’s review of the practices of 19 pay day and other short-term small amount lenders has found that while the majority are aware of and taking steps to comply with their responsible lending obligations, further improvements need to be made.
Read More ASIC seeks consistency in micro lenders’ responsible lending practices
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The Australian Competition and Consumer Commission has launched a Recalls Australia iPhone app to provide easily accessible information on recalled consumer goods.
Aimed at consumers and based on information from the Recalls Australia website, the app was launched on YouTube by ACCC deputy chairman Peter Kell.
Read More ACCC launches iPhone app for product recalls
Peter Kell
The Australian Competition and Consumer Commission has led a national product safety surveillance program resulting in the recall or removal from sale of over 95,000 unsafe products including trolley jacks, children’s nightwear, bunk beds, cots, hot water bottles, blinds and curtains.
Read More ACCC program removes over 95,000 unsafe products
