Financial Rights Legal Centre
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Consumer groups urge banks to implement recommendations of banking code report

Consumer Groups today welcomed the release of the Independent Khoury Review of the Australian Banking Association’s Code of Banking Practice as an important step in the right direction of improving the way banks work with their customers. “This report sends a strong message to banks that they need to make some fundamental changes to bridge the yawning trust gap with consumers,” [ More ]


Solicitor Position – 12 month contract

Financial Rights Legal Centre Inc is a community based legal centre in Surry Hills specialising in financial services, particularly consumer credit, banking, insurance and debt. We are seeking to employ an enthusiastic solicitor for a 12 month contract. This is a full-time position, however four days a week will be considered. Experience preferred. Commitment to consumer rights essential. The position [ More ]


Year Long Holiday For Financial Firms Leaves Consumers at Risk

Consumer advocates issue major warning as ASIC extends regulatory holiday to businesses selling loans and general insurance. CHOICE and Financial Rights Legal Centre are warning that the Australian Securities and Investments Commission (ASIC)’s decision to wind back consumer protections as part of an attempt to foster innovation in the finance sector will leave consumers at risk. With just two weeks [ More ]


Veda to refund consumers after breaching privacy rules

Veda Advantage Information Services and Solutions Ltd (Veda) is being forced to refund thousands of consumers who paid to obtain credit reports under Veda’s expedited delivery deal, according to a decision handed down today by the Australian Privacy Commissioner. The Commissioner found that Veda breached a series of privacy rules when they: charged for “expedited delivery” of a credit report [ More ]


Victims of financial scandals need simple justice – response to Ramsay EDR Review

Following the slew of financial scandals Australians have faced in recent years, consumer advocates say that Australians need simple and accessible justice with reformed Ombudsman services. The Review of the Financial System External Dispute Resolution and Complaints Framework (Ramsay Review), led by Professor Ian Ramsay, today released its interim report. In response to the review, Consumer Action Law Centre, Financial [ More ]


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