Business

Australia should force banks to repay scam victims and adopt better protections, advocates say

In May last year, a spokesperson for Taylor rejected claims the delay was for political reasons.Sign Australian Council of Trade Unions secretary, Sally McManus, made the comments on Thursday after a ninth interest rate hike – and suggestions more increases will follow – sparked fears monetary policy could be tightened too far, risking recession.Sign number of people using e-cigarettes doubled between 2016 and 2019, according to the federal government, with a survey showing more than 30% of 14- to 17-year-olds have tried vaping.Sign Exclusive: Department of the Prime Minister and Cabinet has revealed Scott Morrison and Josh Frydenberg also knew of the decisionFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe former energy minister Angus Taylor asked his department to consider delaying telling voters about electricity price rises before the May election, then made the decision to do so.Taylor told media in October that he didn’t know about incoming price rises and that he didn’t see the Australian Energy Regulator’s report proposing to increase the default market offer.
Source: https://www.theguardian.com/australia-news/2023/feb/13/australia-should-force-banks-to-repay-scam-victims-and-adopt-better-protections-advocates-say

Calls for federal government to mandate the checking of account details before money transfers are madeFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe federal government should take action to force banks to reimburse scam victims and check the account details match up on transactions to stop scams before the money is lost, consumer rights advocates say.The call comes as Australia’s big four banks pushed back on mandatory reimbursements, arguing they could “inadvertently lead to increases in scam activity” and that customers should keep themselves safe.Sign Australian Council of Trade Unions secretary, Sally McManus, made the comments on Thursday after a ninth interest rate hike – and suggestions more increases will follow – sparked fears monetary policy could be tightened too far, risking recession.Sign number of people using e-cigarettes doubled between 2016 and 2019, according to the federal government, with a survey showing more than 30% of 14- to 17-year-olds have tried vaping.Sign
Source: https://www.theguardian.com/australia-news/2023/feb/10/angus-taylor-behind-decision-to-delay-energy-price-rise-report-until-after-2022-election

Calls for federal government to mandate the checking of account details before money transfers are madeFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe federal government should take action to force banks to reimburse scam victims and check the account details match up on transactions to stop scams before the money is lost, consumer rights advocates say.The call comes as Australia’s big four banks pushed back on mandatory reimbursements, arguing they could “inadvertently lead to increases in scam activity” and that customers should keep themselves safe.Sign In May last year, a spokesperson for Taylor rejected claims the delay was for political reasons.Sign number of people using e-cigarettes doubled between 2016 and 2019, according to the federal government, with a survey showing more than 30% of 14- to 17-year-olds have tried vaping.Sign Exclusive: Department of the Prime Minister and Cabinet has revealed Scott Morrison and Josh Frydenberg also knew of the decisionFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe former energy minister Angus Taylor asked his department to consider delaying telling voters about electricity price rises before the May election, then made the decision to do so.Taylor told media in October that he didn’t know about incoming price rises and that he didn’t see the Australian Energy Regulator’s report proposing to increase the default market offer.
Source: https://www.theguardian.com/australia-news/2023/feb/09/reserve-bank-causing-households-too-much-pain-with-rate-rises-says-union-chief-sally-mcmanus

Calls for federal government to mandate the checking of account details before money transfers are madeFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe federal government should take action to force banks to reimburse scam victims and check the account details match up on transactions to stop scams before the money is lost, consumer rights advocates say.The call comes as Australia’s big four banks pushed back on mandatory reimbursements, arguing they could “inadvertently lead to increases in scam activity” and that customers should keep themselves safe.Sign In May last year, a spokesperson for Taylor rejected claims the delay was for political reasons.Sign Australian Council of Trade Unions secretary, Sally McManus, made the comments on Thursday after a ninth interest rate hike – and suggestions more increases will follow – sparked fears monetary policy could be tightened too far, risking recession.Sign Exclusive: Department of the Prime Minister and Cabinet has revealed Scott Morrison and Josh Frydenberg also knew of the decisionFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe former energy minister Angus Taylor asked his department to consider delaying telling voters about electricity price rises before the May election, then made the decision to do so.Taylor told media in October that he didn’t know about incoming price rises and that he didn’t see the Australian Energy Regulator’s report proposing to increase the default market offer.
Source: https://www.theguardian.com/australia-news/2023/feb/13/environment-groups-call-for-urgent-action-on-hazardous-waste-from-e-cigarettes

Summary automatically generated by NewSUM A.I. from the following sources:

About the author