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The Latest Breaking News from ACBFYoupla

Financial rights advocates ‘seriously concerned’ about how Youpla support scheme will be spent

‘Disappointment’ comes after documents reveal only two-thirds of $96m will go to Indigenous victims of predatory funeral fund

The Guardian - AU

About a third of $96m ACBF-Youpla victim support scheme to be spent on administration

National Indigenous Australians Agency and Services Australia will receive about $30m to run program for Aboriginal victims of predatory funeral fund

The Guardian - AU

‘Financial abuse’: how a debit scheme to help vulnerable Australians led to exploitation instead

A Guardian investigation has revealed that Centrepay is exposing scores of welfare recipients to financial harm. Advocates say the government must act now

The Guardian - AU

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Labor to provide $97m for victims of predatory insurance provider ACBF-Youpla

The support program will run for two years and aim to bring ‘peace of mind’ to thousands of Indigenous Australians

The Guardian - AU

Youpla directors pursued by Asic over collapsed funeral fund that hurt Aboriginal families

Corporate regulator launches court action alleging former directors oversaw structure that left members vulnerable

The Guardian - AU

Youpla profits surged after it was approved for federal government’s automatic payments system

New data reveals the scale of how many Indigenous people were impacted by the disgraced funeral fund

The Guardian - AU

Youpla victims asking ‘when they should die’ to be eligible for funeral relief, advocates say

Government urged to give ‘certainty’ to more than 13,000 Aboriginal policy holders of defunct fund

The Guardian - AU

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Morning Mail: ACBF-Youpla victims wait for compensation, Oscar goodie bag gift prompts questions

Record profit for Saudi Aramco, Gary Lineker row deepens, Oscars coverage kicks off

The Guardian - AU

‘A kick in the guts’: ACBF-Youpla victims still waiting for millions in compensation

Families still struggling a year after collapse of predatory funeral fund that targeted low-income Aboriginal people

The Guardian - AU

Federal governments legitimised predatory funeral fund that targeted Indigenous Australians, advocates claim

Centrepay scheme established under Howard government authorised ACBF-Youpla to take payments direct from welfare income

The Guardian - AU

Asic seeks record $7.5m penalty against ACBF-Youpla for alleged deceptive and misleading conduct

Corporate regulator alleges funeral insurer engaged in ‘deliberate and knowing conduct of preying on vulnerable Aboriginal people’

The Guardian - AU

Youpla funeral fund: compensation scheme to begin for Aboriginal victims of predatory insurer

Exclusive: People who took out insurance with collapsed insurer at 1 April 2020 to receive payout equal to original promised amount

The Guardian - AU

Half of Youpla insurance holders fear they won’t be able to provide culturally appropriate funeral

Survey finds collapse of insurer has left thousands worried about going into debt or even using superannuation to cover costs

The Guardian - AU

Morning mail: Australia’s new parliament, the battle to be UK PM, best characters from Neighbours

Monday: the 47th parliament is the most diverse ever – but still doesn’t reflect Australia. Plus: Russia rallies support in Africa as doubt cast on Ukraine grain deal

The Guardian - AU

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The Guardian - AU

Labor pledges $4m for Aboriginal families affected by Youpla funeral fund collapse

The emergency relief package for families struggling to pay for burials includes a payout for expenses equal to the one they were promised by the disgraced insurer

The Guardian - AU

Youpla funeral insurance founder’s multimillion-dollar yacht arrives in Vanuatu

The company founded by Ron Pattenden collapsed owing millions in unpaid policies to thousands of low-income Aboriginal families

The Guardian - AU

Morning mail: Covid deaths in aged care, record rents, brutal and brilliant State of Origin decider

Thursday: Almost 100 aged care residents are dying from coronavirus each week. Plus: should Australians cut down on charcuterie?

The Guardian - AU

The elders fearing death – and generational debt – after Youpla funeral fund collapse

In the postcodes worst hit by the collapse of the funeral insurer, older Aboriginal people are ‘torn apart’ by the thought they have no way to pay for a funeral they thought they had already paid for

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The Guardian - AU

Youpla funeral fund collapse leaves 31 Aboriginal families struggling to pay for burials

Exclusive: Community support groups call for accountability and justice, saying at least one family is collecting cans to help pay for a funeral

The Guardian - AU

Youpla: how Aboriginal funeral fund evaded regulators despite 30 years of complaints

State and federal authorities raised concerns periodically, but fund continued to target vulnerable people until its final collapse in March

The Guardian - AU

Linda Burney says investigating Youpla funeral fund will be ‘top of my agenda’

Incoming Indigenous affairs minster says predicament of families affected by collapse of predatory funeral fund is ‘totally unacceptable’

The Guardian - AU

Employee at collapsed Youpla funeral fund allegedly used racial slur about Aboriginal clients

Staff member allegedly told colleague: ‘We aren’t here to show them respect or dignity. We are here to get money from them’

The Guardian - AU

Yachts and mansions: founder of company that left thousands of Aboriginal people out of pocket made more than $20m, tax-free

Ron Pattenden continued to make money from the Aboriginal Community Benefit Fund even after selling it in the wake of damning royal commission findings

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