Time for Energy Sector Reform
CUAC hopes that the current reviews in the energy sector will lead to change.
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Report
Financial Exclusion in Australia Increases
New report by the Centre for Social Impact finds nearly 3 million Australians are excluded from financial services.
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Victorian Taxi Industry Inquiry release Draft Report
The Victorian Taxi Industry Inquiry has called for sweeping reforms of the taxi and hire car industries.
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95,000 credit card chargeback requests per month
A review of credit card chargebacks by Australia banks has found low levels of complaint but some areas for improvement.
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Bank customer profiling identifies consumer vulnerabilities: report
Recognising that lenders combine customer information and sophisticated systems to target customers is an important first step towards ensuring that these practices are taken into account in developing consumer policy.
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RMIT & UQ research: Payday loans a debt trap for welfare recipients
New research shows welfare recipients are using payday lenders to meet regular living expenses and are then trapped in a debt spiral, continuously indebted to one or more loan companies for considerable periods according to Caught Short an Interim Report by RMIT University and the University of Queensland and funded by National Australia Bank and…
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Welcome action on billion dollar multiple super fund problem
As long ago as 2006 CFA member Choice called attention to the huge losses suffered by consumers through fees and administrative costs on lost and multiple superannuation accounts. With input from data from Rice Walker actuaries Choice estimated consumers lost between $1.2 and $2 billion per annum in unnecessary fees and charges At that time…
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