Noble Oak has strongest family violence policy – desktop audit finds
No ratings yet. Noble Oak has the strongest family violence policy in the life insurance industry. This was the finding of a desktop audit undertaken to evaluate the family violence policies of the 15 subscribers to the Life Insurance Code of Practice required to have a family violence policy. The 2023 Life Insurance Code of […]
Service Closures during the holiday period
No ratings yet. Our services will change during the holiday period. Closed from 20 December 2023 to 2 January inclusive, reopening 3 January 2024: Credit and Debt Legal Advice Line Insurance Law Service Mob Strong Debt Help National Debt Helpline Chat (note: closes from midday on 20 December) Open from 19 December to 3 January […]
Super lobby groups fail to keep promises to consumers
Super fund lobby groups have dumped a code of conduct that could have improved how funds handle life insurance claims.
Consumer groups applaud Federal Court ruling to uphold ASIC intervention in short-term credit market
Today’s Full Federal Court decision to dismiss an application by Cigno Pty Ltd (Cigno), seeking to quash the Australian Securities and Investments Commission’s (ASIC) product intervention order to reign in short-term credit fees and charges, has been applauded by consumer advocates.
Court decision on Cigno lending model “extremely disappointing”
Today’s Federal Court decision that the lending model promoted by Cigno Pty Ltd did not breach the National Consumer Credit Protection Act (National Credit Act) is extremely disappointing, and consumer advocates have urged the Australian Securities and Investments Commission (ASIC) to appeal the decision.
Media Release: Australian Government should respect citizens’ rights to consent to data sharing
Financial Rights Legal Centre is calling on the Australian Government to respect the rights of joint bank account holders to control their own data.
“Recipe for economic disaster”: Consumer groups slam Senate report on lending laws
Financial Rights joins consumer groups to condemn Senate Inquiry Report, as vote looms on Government’s disastrous proposal to axe safe lending laws.
Domestic violence advocates tell Senate Committee to reject the Government’s plans repeal safe lending laws
Financial abuse and domestic violence advocates will give evidence to the Senate Committee today about the harm women will face if the Government’s Supporting Economic Recovery Bill is passed.
Buy now pay later sector must be regulated by Government NOT itself
No ratings yet. Consumer groups have united to call for Federal Government regulation of buy now pay later (BNPL) services to protect consumers and put all credit providers on a level playing field. Today the Australian Finance Industry Association released a self-regulatory code of conduct for BNPL providers. While it’s positive to see the industry […]
Over 590,000 Australians have relied on safe lending laws for justice
As the Senate Economics Committee hosts hearings in Canberra on Friday 19 February, 2021, over 22,000 Australians have joined the call for Federal Senators to strengthen instead of repeal safe lending laws, with many sharing personal stories of unsafe lending harm.
