Focus
Australian Financial Complaints Authority
$50 Million Penalties Loom for Companies Allowing Scams Under Proposed Australian Law
A proposed new code aims to stop Australians losing almost $3 billion to scammers as they did last year.
Financial Complaints in Australia Up 9 Percent in 2023: AFCA
Complaints for credit cards jumped 12 percent while complaints for home loans declined 3 percent.
Living Cost Crisis Triggers Record 100,000 Financial Complaints
“The volume of complaints escalated to AFCA has been increasing at an unsustainable rate,” said Australian Financial Complaints Authority chief ombudsman.
