Banks must offer better value bank accounts to struggling Australians
The updated Banking Code received authorisation yesterday from the Australian Competition and Consumer Commission (ACCC) and the ABA are now…
ASIC calls time on disclosure
FCA welcomes the release today of ASIC’s ground breaking report Disclosure: Why it shouldn’t be the default. The report comprehensively…
FCA calls on Government to Raise the Rate during Anti-Poverty Week
This Anti-Poverty Week, Financial Counselling Australia joins our colleagues in the community and business sectors calling on the government to…
Financial Counselling Sector Welcomes Release of Funding Review and Findings
The Minister for Social Services, the Hon. Anne Ruston has today released the independent review of financial counselling services conducted…
Financial Counselling Sector tells Senate Committee that we need to Raise the Rate
A joint submission from FCA and the State/Territory financial counseling agencies to a Senate Inquiry into the adequacy of Newstart…
Financial Counselling Australia Welcomes ASIC Appeal In Westpac Case
Financial Counselling Australia welcomes the decision by corporate regulator ASIC to appeal a recent Federal Court judgment that found Westpac…
Australia’s biggest bankrupters called out in new report by consumer advocates
One of Australia’s largest debt collectors – Lion Finance (a subsidiary of ASX-listed Collection House Ltd) – turns to bankruptcy…
“We Need to Talk about Newstart” – Financial counsellors release graphic recording explainer
Financial Counselling Australia and the State and Territory financial counselling associations* join with thousands of Australians, business leaders and community…
FCA responds to ASIC proposal to use its new product intervention powers to rein in unregulated payday lending – it can’t happen soon enough
Financial Counselling Australia notes the release today of an ASIC consultation paper about whether it should use its new product…
Telecommunications Consumer Protection Code Inadequately Protects Consumers: Consumer Groups
The revised Telecommunications Consumer Protection (TCP) Code fails to adequately protect telco consumers, according to consumer groups. Despite consultation…