Lotteries should not be exempt from credit card ban for online gambling, experts say Proposed laws provide carve-out but financial counsellors say lottery products can cause ‘serious gambling harm’ The Guardian - AU · Oct 4, 2023
More people using buy now pay later services for basics A new survey has revealed more financial counselling clients are using buy now pay later services to purchase items such as groceries and fuel. AAP · Jul 19, 2023
Ladbrokes fined $78,000 but allowed to keep $758,000 in bets made by disgraced financial planner Ladbrokes approached the gambler out of the blue after a staff member knew how much he had been betting at a competitor. ABC News · Mar 6, 2023
Consumer groups demand stricter regulation of buy now, pay later loans to reduce harm Federal government releases options paper with toughest proposal agreeing BNPL should be regulated like credit cards The Guardian - AU · Nov 21, 2022
Australians turning to buy now, pay later schemes for groceries ‘stuck in a revolving door’ of debt Financial counsellors say more and more people are turning to BNPL services for essentials such as food, petrol and bills The Guardian - AU · Nov 7, 2022
'Greedy and evil' payday lender Cigno's game of cat and mouse with ASIC continues ASIC is investigating whether a third lending model set up by "predatory" payday lender Cigno is legal, while the company takes its fight to be exempt from credit laws to the High Court. ABC News · Jul 25, 2022
Financial counselling 'cleaned up so much mess' after Jacqueline's life was devastated by unexpected trauma Jacqueline Goodwin became a widow with two babies at the age of 25. She says a financial counsellor helped her overcome extreme budget stress and she's not alone, with experts expecting a spike in mortgage repossessions amid the rising cost of living. ABC News · Jul 22, 2022
Budgeting and savings Q+A: Experts reveal the best tips to get more for less — as it happened Feeling the pinch when paying for groceries, petrol or bills? We had three experts join us to answer your budget questions. This is what they had to say. ABC News · Jul 21, 2022
Why buy now, pay later can cost much more than a credit card Buy now, pay later is often touted as a cheaper alternative to credit cards, but new research shows it can actually end up costing much more. The New Daily · Jul 20, 2022
Experts share their advice and tips on budgeting and saving in our Q&A blog We've taken your questions on budgeting and saving and put them to our experts to answer — look back on the discussion here. ABC News · Jul 20, 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. ABC News · Jun 22, 2022
Charities, consumer groups launch campaign for better regulation of buy now, pay later services Charities and consumer groups say more needs to be done to regulate the buy now, pay later industry, amid concerns that rising living costs will cause more people to use the services. ABC News · May 11, 2022