FED:Banks on notice as Westpac fined for failing clients Banking giant Westpac has been slugged with a $26 million penalty for failing to support customers in need, a decision an expert says sends a clear message. AAP · May 27
Gambling company offered Melbourne man $25,000 on condition he withdraw complaint to regulator and be liable for ‘adverse media’ Exclusive: Conditions on settlement negotiations common in many industries but consumer advocates concerned they could be used to ‘silence victims and avoid scrutiny’ The Guardian - AU · May 31, 2025
Devastating cost of fraudsters, scammers revealed Rates of card fraud and scams have risen sharply, as fraudsters fleece billions of dollars, new data shows, prompting calls for action from consumer advocates. AAP · Apr 2, 2025
Sam Lee appears in video promoting new investment scheme days after US fraud charges Australian blockchain entrepreneur urges followers to ‘continue the journey’ with him in a video recorded days after he was charged with conspiracy to commit fraud The Guardian - AU · Feb 4, 2024
Booking.com scams surge 580% with hundreds of thousands of dollars in losses, ACCC says Travel website says some accommodation partners targeted by phishing emails but its backend systems have not been breached The Guardian - AU · Jan 31, 2024
Tim was scammed out of $222,000. He says the bank should have to give his money back A group of victims say the onus is wrongly being put on Australians to protect themselves from increasingly sophisticated scams The Guardian - AU · Nov 15, 2023
Couple who died in suspected mushroom poisoning remembered – as it happened This blog is now closed. The Guardian - AU · Aug 30, 2023
Higher power bills to 'drive Victorians to poverty' The Essential Services Commission has put forward its final default offer for Victoria, leaving more residents and businesses out of pocket. AAP · May 25, 2023
Fears buy now, pay later crackdown will fail vulnerable Australians A proposed crackdown on the buy now, pay later industry could fail to deliver desperately needed consumer protections, advocates fear. The New Daily · May 22, 2023
Calls for tougher regulations on developer 'promises' in new suburbs At the Allura estate in Melbourne, like in many new housing developments, residents say they've waited years for infrastructure. The Consumer Action Law Centre is now calling on the state government to toughen laws for developers. ABC News · May 17, 2023
Banks unveil new weapon to fight scams, but consumer group says customers remain exposed Australia's under-pressure banks unveil a new tool to combat scam transactions, but consumer groups say they're still not doing enough to deal with an escalating problem. ABC News · May 15, 2023
Media denied access to cover case of three Sunshine Coast children charged with assault, deprivation of liberty Three children stand charged over the alleged assault of a 13-year-old girl. ABC News · Apr 6, 2023
Australia’s booming banks should do more to protect customers from scams, advocates say More than $95m has been lost to scams so far this year, while the big four are expected to make more than $33bn The Guardian - AU · Apr 5, 2023
Buyer's agent Jack Henderson's links to selling agent raises questions about perceived conflicts of interest in sector When Greig used a buyer's agent to help him purchase a home, he was unaware of the agent's business links to the real estate agent selling the property. As more would-be buyers seek professional help, his story raises questions about the management of perceived conflicts of interest in the sector. ABC News · Mar 27, 2023
ABC News · Feb 28, 2023 Buy now, pay later? Not so fast, as the government looks to tighten regulation by year's end Millions of Australians have buy now, pay later accounts, but the easy credit may soon be harder to come by as the government vows to crack down on the industry by the end of the year.
The Guardian - AU · Feb 6, 2023 Australian losses to online marketplace fraud increase as scams become increasingly sophisticated Consumer groups say online platforms like Facebook Marketplace and Gumtree need to do more to keep customers safe
ABC News · Jun 22, 2022 As fixed mortgages end and rates rise, many risk losing their homes Almost 40 per cent of Australians with mortgages who have locked in ultra-low fixed interest rates will roll off them as soon as next year, raising fears that more people will default on their loans, creating financial system instability.