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EOFY NATIONAL DEBT HELPLINE MEDIA RELEASE

Demand for support via the National Debt Helpline hits all time high More than 183,000 people reached out for support via the National Debt Helpline (NDH) during the 2025-26 financial year, making it the free service’s biggest year ever. This represents an increase of 9% on the previous financial year…

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Time for insurers to end the poverty premium

Financial Counselling Australia and the Financial Rights Legal Centre are calling on insurers to stop penalising people who cannot afford to pay their insurance premiums annually. It follows the release of a new report which finds some insurers are not telling customers that fortnightly or monthly options cost more overall.…

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Financial counsellors welcome funding boost for frontline services

Financial counsellors have welcomed the Federal Government’s announcement of more than two million dollars in funding to support financial wellbeing and financial counselling services in disaster areas. The Minister for Social Services, Tanya Plibersek, has announced $2.24M towards Financial Wellbeing Hubs in the NT, Queensland and WA and financial counselling…

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Financial counsellors urge people in financial stress to seek help following interest rate rise as calls to helplines increase

Today’s interest rate rise will add further pressure to Australians already struggling with housing costs and rising living expenses, with financial counsellors warning that more households may be pushed into financial distress. Demand for help is rising. In February there were 15,857 calls and online chats to the National Debt Helpline…

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