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Financial Rights Legal Centre In The Media

Comparator websites under regulator scrutiny

Katherine Lane is quoted in an article asking how comparison websites are genuine comparator sites and how many are steering consumers into products with which the owners of the websites have commercial arrangements? A report by the Australian Competition and Consumer Commission (ACCC) into comparator websites says it has found websites that are potentially misleading or deceiving consumers. “Comparator websites [ More ]

Brandis rewrites funding for community lawyers

Community legal centres around Australia may soon receive less funding from the Abbott government. Few people would realise that some of Australia’s most important legal protections for borrowers and investors have flowed from policy research and advocacy done by community legal centres. Dispute resolution schemes in the mortgage broking sector and the ban on home loan exit fees are just [ More ]

NSW Government told to curb its debt collector

The State Debt Recovery Office has been criticised for “cleaning out” the bank accounts of traffic fine defaulters, leaving vulnerable consumers with no money to meet the basic expenses of rent, food and transport. The use of garnishee orders by the State Debt Recovery Office – allowing money to be taken from a bank account to recover a debt – [ More ]

Government’s early super data indicates mortgage stress easing

New data published by the Department of Human Services indicates that mortgage stress has been receding across Australia.The number of Australians seeking early release of superannuation cash to keep up with their mortgage repayments fell last year, according to new government data obtained by The New Daily. Financial counsellors and community lawyers who advise disadvantaged people under financial stress believe the [ More ]

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