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The Latest Breaking News from AFCA

'Abandoned': insurance fight erupts over pensioners' written-off bus

Lions Club volunteer says bus could have been repaired, but independent ombudsman finds in insurer's favour.

Newcastle Herald

Mortgage offset account errors mean some Australians are owed thousands of dollars. Are you among them?

Asic review finds banks repaid millions to borrowers who unknowingly paid too much interest on their home loans

The Guardian - AU

A Melbourne woman lost $646,035 to a romance scam. Should banks and dating apps be forced to refund victims like her?

The Albanese government says Australia will have the ‘world’s toughest anti-scam laws’, but consumer advocates fear they’re lacking

The Guardian - AU

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The Coaches Have Spoken: AFCA Board Voices Support for Key Changes to College Football Playoff

The future of the CFP will be formally discussed this summer.

Sports Illustrated

Coaches group supports earlier CFP finish and proposes changes to accomplish that

The American Football Coaches Association is proposing the elimination of conference championship games and other changes as part of its non-binding recommendation for the College Football Playoff to be completed by the second Monday each January

The Independent UK

While Rick waited for his insurance payout, mushrooms sprouted in his flooded Victorian home. He’s not alone

Exclusive: Insurance complaints are at record levels as Australian industry struggles with delays on ‘everyday’ claims

The Guardian - AU

Why doesn’t travel insurance cover war?

You might think it was exactly the kind of scenario you’d buy travel insurance for in the first place. A major, unforeseen international event causes travel chaos.

The Conversation

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‘No empathy’: Australian banks under fire for failing customers in hardship

Banks have continued to dismiss thousands of requests for help despite facing regulatory action enforcing their obligation to work with struggling clients

The Guardian - AU

Australian banks ignore thousands of customers’ hardship requests

Exclusive: Automated systems have generated ‘cookie cutter’ responses that fail to account for individual circumstances, financial ombudsman says

The Guardian - AU

How to Choose the Right Legal and Mortgage Support

If you’re wondering how to choose the right legal and mortgage support, this guide is for you.

inkl

NCAA Considers Rule Change To Address Fake Injuries

Learn about the proposed NCAA rule change to address fake injuries in college football.

Top News

Want your loved ones to inherit your super? Here’s why you can’t afford to skip this one step

What happens to our super when we die? Most Australians have superannuation accounts but about one in five of us die before we can retire and actually enjoy that money.

The Conversation

Australia’s crackdown on scams could cost digital platforms and banks more than $100m

Treasury has estimated how much industries, including telecommunications, social media and banks, will likely need to fork out

The Guardian - AU

Not just Cbus: 10 largest super funds had thousands of complaints over death and disability claims

Data from the financial watchdog strongly supports Asic’s claim ‘there is a systemic issue’ across the superannuation sector, advocate says

The Guardian - AU

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The Guardian - AU

Banks and social media companies to be fined over scams under new Australian laws touted as ‘strongest in world’

Telecommunications companies, social media and banks could face penalties of up to $50m

The Conversation

Could a recent ruling change the game for scam victims? Here’s why the banks will be watching closely

In Australia, it’s scam victims who foot the bill for the overwhelming majority of the money lost to scams each year.

The Guardian - AU

Scam victims to be compensated under Labor plan to fine banks and social media platforms $50m

Measures would see companies failing to meet anti-scam obligations forced to pay compensation, government says

AAP

Scams help push financial complaints to record levels

Financial complaints have reached a record high after disputes to the ombudsman service went up a further nine per cent to more than 105,000 in 2023/24.

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The Guardian - AU

I’m a CFA volunteer – and as firefighters we have to put community safety above politics

A threat by some volunteers to refuse to fight fires on renewable energy developments undermines the trust placed in us to protect lives and property

The Guardian - AU

‘Insidious and unsavoury’: how private debt collectors push vulnerable Australians to breaking point

Victims say they have been subjected to constant phone calls, harassment of friends and family members – and even misleading and false threats

The Guardian - AU

Know your rights: what to do if you receive a call from a debt collector

As the cost-of-living crisis drives more people to financial stress, it helps to understand the rules that cover debt collecting

The Guardian - AU

Why Guardian Australia is investigating the private debt collection industry

When everyday Australians go to the wall, private debt collectors step in. In a cost-of-living crisis it’s vital to scrutinise the industry

The Guardian - AU

‘I broke down and cried’: scams are rampant in Australia – and victims feel helpless to stop them

Banks criticised as fraudsters cut through ‘patchwork’ regulations – even scamming a financial watchdog executive

AAP

Financial complaints surge as cost of living bites

Australia's financial dispute resolution scheme has received a record 100,000 complaints as scams, claim issues and rising prices loomed over Australians.

Sports Illustrated

Wyoming’s Craig Bohl Announces Retirement After 10 Years as Head Coach

The Cowboys’ coach is ending his career after a decade with the program.

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