Stop selling junk – ASIC reports show how Australians are being dudded out of millions
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Consumer Action Law Centre is calling on insurance and warranty companies to stop selling junk following the release of two damning ASIC reports.
“The next financial scandal”
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Fairfax’s Adele Ferguson says consumer credit insurance “is shaping as the next financial scandal”: If the industry doesn’t fix it, it could become the first product to be banned or modified under sweeping new powers being granted to the corporate regulator, the Australian Securities and Investments Commission. It is not hard to see why. A […]