The Financial Rights Legal Centre is concerned that recommendations in the final report by the Royal Commission into National Natural Disaster Arrangements do not go far enough to address mitigation and the rising costs of insurance.
Financial Rights Legal Centre and Victorian Aboriginal Legal Service welcome findings by the Australian Financial Complaints Authority (AFCA) in two separate cases that funeral insurance provider Youpla misled Aboriginal policyholders.
Financial Rights has serious concerns that sweeping changes to the Consumer Data Right will allow highly sensitive consumer data to be accessed by unauthorised third parties.
7 October, 2020 With jobs, household spending and economic recovery the focus of last night’s Budget, the Stop the Debt Trap Alliance is warning that lax protections from predatory lenders risk undermining the Government’s efforts. “For the many people out of work due to the Covid-19 crisis, this will be the first time they’ve faced the prospect of not being [ More ]
25 September 2020 Removing credit protections will harm people and the economy. CHOICE, Consumer Action Law Centre, Financial Counselling Australia and the Financial Rights Legal Centre have responded to the Australian Government’s announcement that it will remove credit protections for borrowers saying right now what people need is more income, not more debt. Government’s proposed reforms will remove bank responsibility [ More ]