Flood Inquiry Report provides clear roadmap to lift insurer standards
No ratings yet. Consumer groups have welcomed the release of the Final Report of the Standing Committee on Economics’ Inquiry into Insurer’s responses to 2022 Major Floods. The groups have called on the insurance sector and the Insurance Council of Australia to accept all the recommendations and implement changes to their internal processes and the […]
Slow progress on improving family violence policies offered by general insurance industry
No ratings yet. Despite meaningful improvement by some insurers, it remains a lottery for anyone unfortunate enough to need family violence support from their insurer. This was the key finding of an updated desktop audit of the family violence policies of 55 subscribers to the General Insurance Code of Practice. The purpose of the updated […]
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.
