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Media release: ASIC payday lending report reveals fundamental non-compliance—a cap is needed

November 23, 2011

Consumer Action has welcomed the Australian Securities and Investment Commission’s report, 'Review of micro lenders' responsible lending conduct and disclosure obligations'....

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Media release: Time for the Federal Opposition to show its hand on payday lending reforms

November 18, 2011

A coalition of consumer groups has called on the Federal Opposition to back the Government’s proposed national credit reforms, which are designed to protect payday loan borrowers from effective interest...

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Media release: Consumer Action welcomes ASIC investigation into broker responsible lending conduct

November 18, 2011

Consumer Action has welcomed the release of the Australian Securities and Investment Commission's investigation into mortgage brokers' responsible lending conduct, focusing on ‘low doc’ loans....

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Media release: Stronger response needed to ensure consumers are protected in times of disaster

November 15, 2011

Consumer Action has expressed disappointment with the Government’s initial response to the National Disaster Insurance Review Panel's report which it labelled as 'indecisive'. ...

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Media release: Government warned that new credit card regulation may require running repairs

November 11, 2011

Consumer Action has welcomed the Federal Government’s ban on credit providers making unsolicited credit card limit increase offers to customers, but believes that ambiguity in the regulations governing the ban...

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Media release: Is eBay selling consumers short?

November 4, 2011

Consumer Action has taken its concerns about outdated and potentially misleading information on eBay.com.au to the Australian Competition and Consumer Commission after eBay International AG failed to respond to the...

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Media release: Report into consumer credit insurance exposes dirty tactics

October 19, 2011

The Consumer Action Law Centre has responded to ASIC’s report into consumer credit insurance, by saying that it confirms two of its long held suspicions; that many lenders selling CCI...

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Media release: Payday lending practices challenged in court

October 17, 2011

The lending practices of Australian’s biggest payday lender, Cash Converters, are being challenged in proceedings issued in the Victorian Magistrates Court....

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Media release: New website delivers the cold hard and sad facts about payday lending

September 21, 2011

A coalition of consumer and financial counselling organisations has launched a new website to ensure the hard truths are heard in the debate about the future of short term high...

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Media release: Unfair process leading to higher electricity prices

September 12, 2011

Two prominent consumer advocacy groups are calling for the federal government to abolish the current process of appeal for electricity distribution pricing determinations. ...

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