Peter Gartlan News Today

The board of AFCA has appointed Professor John Pollaers for a second three-year term.

More Australians will have access to financial counselling under a new federal government and industry-funded model. 30 million dollars will be invested in face-to-face and telephone counselling over a three-year-period, with backing from big banks, the gambling industry and buy now, pay later companies. Amid rising cost of living pressures and financial hardship for many Australians, questions remain over whether these industries are preventing or contributing to further harm.

The National Anti-Scam Centre held its inaugural Advistory Board meeting this week marking what it says is the commencement of greater cross-sector co...

History shows when insurance prices become too high, governments can intervene, insurers can play hardball and some customers will just have to go without.

Today’s $50 million fine against Telstra for unconscionable conduct sends a clear message to the industry that mis-selling will not be tolerated. The...

In some parts of Australia, what Summerhayes was describing was already a fact of life. Across the cyclone-prone north, the cost of home insurance has increased by 178% since 2007, while the price for combined home and contents insurance has grown by 122%. These comments have since been read as a rebuke to the attitude taken by some in industry that as climate crisis gets worse the simple solution is to pass the risk – and the cost – on to the consumer. In one example, Nicholas Scofield, th...