Ian Ramsay, Paul Ali and Lucinda O’Brien have recently published an article on the credit repair industry in Australia entitled: ‘A Quick Fix? Credit Repair in Australia’. The article appears in the current edition of the Australian Business Law Review (volume 43, number 3). The article is an excellent addition to a growing conversation about consumer protection and financial difficulty [ More ]
Consumer advocacy groups have sent an informative and persuasive newsletter to all Federal parliamentarians with the aim of ensuring the upcoming review into payday lending regulations in the second half of 2015 is fair, independent and evidence-based. Read the Newsletter here: PaydayParliamentaryNewsletter As you read this, the attached newsletter is arriving in the mailboxes of every MP and Senator in Canberra. If you ever [ More ]
Consumer leases will continue to make the poor pay more:Consumer Groups Consumer Action Law Centre and Financial Rights Legal Centre say changes to Centrepay (Centrelink’s service that allows third parties deduct from payments) announced today by the Federal Government are a step in the right direction, but will achieve very little in protecting vulnerable Australians from the unfair costs and questionable behaviour of [ More ]
The Financial Rights Legal Centre publishes a quarterly E-flyer. IN THIS EDITION 1. What we do at the Financial Rights Legal Centre: Insurance Law Service 2. Last resort for victims of dodgy financial advice 3. Big Win for Consumers in Unfairly Investigated for Insurance Fraud 4. ASIC Enforcement against Payday Lenders 5. Getting Access to Emergency Relief in NSW Click here to [ More ]
Media Release The life insurance industry’s initial response to a damning report which revealed 37 per cent of all life insurance advice provided by Australia’s financial services licensees failed to comply with the law[1] appears unlikely to bring about sufficient change in how the industry does business. ASIC Report 413 suggested that the industry’s heavy reliance on upfront commissions[2] can [ More ]
