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Financial Rights in the Media – Insurer’s response to 2022 flood inquiry

Consumer advocates slam ‘appalling’ response from insurance companies in 2022 floods The insurance industry has been slammed by consumer groups over the ‘appalling’ treatment of Australians who suffered through devastating flooding. By Ellen Ransley – 31 January, 2024 Australians who suffered through devastating flooding events in 2022 were let down by the insurance industry, and […]

Financial Rights in the Media – Mortgage stress

Financial counsellor speaking to client on the phone

What to do if you’re struggling to make your mortgage repayments as interest rates rise By ABC business reporter Stephanie Chalmers After 12 interest rate rises since last May, home owners who have a mortgage are facing a steep rise in repayments. Borrowers are feeling the pain to varying degrees — if there are two more […]

Financial Rights in the Media – BNPL

‘The only avenue left’: Buy now, pay later used for food, bills ByAnna Patty – June 9, 2023 As cost of living pressures bite with high inflation and rising interest rates this week, credit products were seen as “the only way to meet their needs”, the report found. Financial counsellor Peter Thompson, from the Financial Rights Legal […]