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…
Statement from FCA re High Court decision in Kobelt
While Financial Counselling Australia respects the recent decision by the High Court in ASIC v Kobelt we want to place…
Financial Counsellors Welcome Funding Commitment From the ALP
FCA welcomes today’s announcement by Labor that, if elected, they will set up a Financial Rights Fund and that a…
FCA Comments on Banking Royal Commission
A lot is being said and written about the final report of the Banking Royal Commission. We focus on three…
FCA Releases Annual Report
Financial Counselling Australia has today released its annual report. This year’s report tells a story of why financial counselling is…
FCA welcomes Senate Inquiry into Predatory and Other Lenders
FCA welcomes today’s news that the Senate will be holding an inquiry into businesses that target people in financial difficulty,…
Consumer Groups Respond to Resignation of ASIC Deputy Chair
The Consumer Action Law Centre, Financial Counselling Australia and CHOICE have responded to the news of ASIC Deputy Chair Peter…