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Financial Rights Legal Centre In The Media
Forget ‘Dole Bludgers’, For-Profit Businesses Are Getting Rich Off Centrelink

The New Matilda, By Max Chalmers The poorest are being charged more for basic goods – and it’s moving welfare money into the pockets of big businesses. Max Chalmers reports. By the time clients meet Kat Lane the decision to attain a household item has already spiralled into such a financial disaster that other basic expenses, including groceries, have often been [ More ]


Make mutual or pool available to all, says submission

Article by Insurance News A submission from the Financial Rights Legal Centre in Sydney says whichever model the Northern Australia Insurance Premiums Taskforce supports, benefits such as lower premiums should be made available to all Australians who face extreme risk. NSW and southern Queensland have particularly high premiums and high levels of non-insurance, the centre says in its submission on [ More ]


MEDIA RELEASE: ASIC report highlights exorbitant costs of rent-to-buy household goods: Consumer groups

The poorest and most vulnerable Australians are paying grossly inflated prices for household goods via “rent-to-buy” or “consumer lease” deals, as shown by a new report from the Australian Securities and Investments Commission (ASIC) released today. The report found that people receiving Centrelink payments are being charged much higher prices than the prices advertised by consumer lease providers. For two [ More ]


Rent-to-buy rip-offs: Poor hit by unscrupulous consumer leases

Marc Moncrief – Data Editor, The Age Australians doing it tough are paying interest rates nearly 50 times the typical rate for a credit card, according to a scathing new report by the corporate regulator targeting the rent-to-buy industry. The Australian Securities and Investments Commission exposes massive swings in rates charged by companies offering “consumer leases”, depending on the type of customer they deal with. In the [ More ]


MEDIA RELEASE:Rent-to-buy products must be kicked off Centrepay

Leading consumer groups are calling for the Australian Parliament to support moves by the Senate to protect the integrity of Centrelink’s budgeting tool for essentials Centrepay, by excluding rent-to-buy products. The intention of Centrepay is to help welfare recipients prioritise essentials such as rent and utility bills. Businesses providing “rent-to-buy” or “consumer lease” deals can access the payments of welfare [ More ]


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