AFCA chair reappointed for second term
The board of AFCA has appointed Professor John Pollaers for a second three-year term.
Source: moneymanagement.com.au
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Financial counselling boosted by millions
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.
Source: sbs.com.au
iTWire - National Anti-Scam Centre hold inaugural meeting as it moves on fight against scammers
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...
Source: itwire.com
The flood gamble: pay up for insurance or risk everything
History shows when insurance prices become too high, governments can intervene, insurers can play hardball and some customers will just have to go without.
Source: afr.com
Massive court penalty of $50 million against Telstra sends a very clear message
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...
Source: miragenews.com