RBA made an eye-opening adjustment to its assessment of banking fees in its most recent bulletin
25 Aug 2011 |
After reporting in June 2010 that deposit account penalty fees had dropped from $516 million in 2008 to $476 million in 2009, the reserve bank issued a correction. Fees actually dropped from $701 million to $688 million over that period.
24 Aug 2011 |
CHOICE has welcomed the appointment of consumer champion Louise Sylvan to be the permanent CEO of the Australian National Preventative Health Agency (ANPHA)
A creative proposal to make mortgage statements more consumer-friendly
23 Aug 2011 |
Do bank statements make your eyes glaze over? Two creative types from Brisbane are tackling the complexity of the banking sector with an interesting proposal to “fix” mortgage statements.
Creditors announce the only dividend for gift card holders of the now defunct booksellers
12 Aug 2011 |
Borders and Angus & Robertson Gift card holders must complete a gift card claim form by September 1 to receive their dividend.
Wearing some kinds of goggles may increase intraocular pressure
11 Aug 2011 |
Researchers have found that some goggles can cause increased fluid pressure in the eye, which may increase the risk of glaucoma.
CHOICE welcomes NSW food hygiene rating trial as important step for consumers
10 Aug 2011 |
CHOICE welcomes the New South Wales Food Authority’s announcement of a year-long, voluntary ‘Scores on Doors’ restaurant hygiene rating trial.
Solar kickbacks around the country are being wound down, with several states surpassing or nearing their limits.
2 Aug 2011 |
Applicants for solar schemes around the country may have difficulty obtaining solar feed in tariffs, with several states reaching capacity.
Consumers pay more than they should
22 Jul 2011 |
Too many retailers are using credit card surcharges as a revenue stream and CHOICE wants the practice stopped.
13 Jul 2011 |
A new voluntary scheme announced by alcohol industry group DrinkWise, to include messages on alcohol product labels, should become mandatory.
Consumers have more control over credit cards
6 Jul 2011 |
The National Consumer Credit Protection Amendment (Home Loans and Credit Cards) Bill was passed by Federal Parliament on 4 July 2011, giving consumers more control over their plastic.