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Financial Rights Legal Centre In The Media
Governments and insurers should enable the pre-filling of Australians’ driving records and insurance claims histories

Governments should work with the general insurance sector to enable the pre-filling of Australians’ driving records and insurance claims history information required for disclosure purposes at the time of purchase of motor vehicle insurance. This was the key recommendation of the Financial Rights Legal Centre report Automating General Insurance Disclosure which examined close to 400 cases of Australians being denied [ More ]



MEDIA RELEASE: Government must go back to the drawing board on new Open Banking rules that undermine Australians’ privacy rights

Financial Rights Legal Centre is calling on the Australian Government to halt the introduction of new rules that will increase privacy and security risks for people when sharing their financial data. The government should rescind proposals to: allow the transfer of raw financial data and “insights” outside of the safeguards and protections of the Consumer Data Right regime, and automatically [ More ]


Report misses the mark on buy now pay later regulation

The Senate Select Committee on Financial Technology and Regulatory Technology has published its Interim Report. Consumer groups say the Interim Report has missed the mark on its recommendation encouraging self-regulation in ‘innovative’ financial services. Among its findings the Committee recommends that the Australian Government establish a “…culture of innovation and competition in financial services by supporting self-regulation where innovative products emerge, [ More ]


$28 million of junk add-on insurance claims and counting… ASIC must act now to fix junk insurance

Consumer Action Law Centre, Financial Rights Legal Centre and WEstjustice have made a submission to the corporate regulator urging a crackdown on junk insurance sales in car yards. The submission criticises delays in implementing proposed reforms and uses data and case studies to clearly demonstrate the harm people will continue to experience until the Australian Securities and Investments Commission (ASIC) intervenes in the sale of car yard junk insurance. “I find it disappointing that, despite Parliament’s explicit intention that ASIC use its product intervention powers to [ More ]