Report

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From the Chair of the Banking Code Compliance Committee: This year we issued three sanctions to three banks for serious and systemic breaches of the Code [relating to deceased estates]. This action underscores our commitment to hold banks accountable for the promises they make under the Code and to respond firmly where we find serious…

Read More BCCC Releases 2023-2024 Annual Report, Deceased Estates a Focus of Investigation

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ASIC has made 47 regulatory interventions to address greenwashing misconduct during the 15-month period up to 30 June 2024, including the commencement of two Federal Court proceedings and over $123,000 in infringement notice payments. The range of interventions, outlined in Report 791 ASIC’s interventions on greenwashing misconduct: 2023–2024 (REP 791), are aimed at stamping out misleading and…

Read More ASIC Continues to Focus on Greenwashing

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The Consumer Policy Research Centre (CPRC) has just released a new research report Let me out – Subscription trap practices in Australia (published August 2024, written by Chandni Gupta, with thanks to CHOICE and Swetha Meenal Ananthapadmanaban) detailing harmful subscription trap practices in Australia and their affect on consumers. Additionally, the report explains best practices…

Read More New Report on Subscription Traps in Australia and Best Practices Going Forward

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CHOICE survey of 6000 consumers reveals many businesses are giving consumers the run-around A new survey of 6000 CHOICE supporters has found that almost 3 in 4 (73%) have experienced poor customer service from a business they dealt with in the preceding year, and 85% believed that customer service provided by businesses is getting worse. …

Read More Over 70% of Consumers Experience Poor Customer Service

Original Power

A new, first-of-its-kind First Nations-led research project has launched today, to improve energy security and consumer protections for customers accessing electricity services through pre-payment arrangements. Prepaid metering is mandated in many regional and remote Aboriginal communities and is associated with a high rate of disconnections and energy insecurity. Consumer protections for those customers vary across…

Read More First Nations-led Study on Lived Experience of Energy in Communities Launches

Barriers to Effective Resolution in the Telecommunications Industry; Key insights Report Telecommunications Industry Ombudsman; Consumer Policy Research Centre

New research commissioned by the Telecommunications Industry Ombudsman (TIO) shows more than 75 percent of Australians have experienced some form of vulnerability in the last 12 months. The research, produced via a partnership between the Consumer Policy Research Centre (CPRC) and the TIO unearthed a suite of sobering assessments in relation to the vulnerability of the consumer…

Read More New Research Highlights Sorry State of Consumer Experience and Trust with Telcos

Money Yarns, Stronger Futures The consumer, credit and debt issues of First Nations consumers in Victoria. Integrated Practice Project Report 2021-2023

The Consumer Action Law Centre has today released a groundbreaking report titled Money Yarns, Stronger Futures. The report amplifies the voices of First Nations people, sharing their personal experiences to shed light on the significant challenges they face in achieving financial prosperity. Money Yarns, Stronger Futures not only highlights these challenges but also offers bold recommendations for both…

Read More Money Yarns, Stronger Futures – Highlighting Challenges and Bold Recommendations

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Banks victim-shaming approach ‘immoral’- Tonkin New polling by Essential Media is unequivocal: the vast majority (75%) of Australians expect banks to keep their money safe from criminal scammers, and if they fail, to return it to their accounts. Australians lost a massive $2.74 billion to scammers in 2023, that’s hundreds of dollars for every household in our country…

Read More Banks Victim Shaming Approach ‘immoral’ and Out of Touch with Community Expectations

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A new independent report released by the Melbourne Institute: Applied Economic & Social Research at the University of Melbourne reveals that just over 35 percent of Australians have a concession card, yet only one third of them are aware they may be eligible for energy concessions on their bills. The report surveyed 3187 respondents, 1154…

Read More Majority of Concessioners Not Aware of Energy Bill Concessions

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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…

Read More Upcoming Australian Ad Observatory Webinar

A study of local economic abuse in First Nations communities with special focus on Australia and Canada June 2024 Jerry Buckland Canadian Mennonite University Winnipeg, Manitoba Carmen Daniels Indigenous Consumer Assistance Network Cairns, Queensland ICAN

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…

Read More ICAN Releases Literature Review on Economic Abuse in First Nations Communities