ICAN News

Banking on Change

Anne-Maree Barron, ICAN Financial Counsellor A recent review by ASIC found that some individuals in high-fee transaction accounts, including First Nations people, are paying up to $3000 in overdraw fees over a year, despite… Read more »

Winning at Financial Wellness Week!

First Nations Foundation invited several organisations, including ICAN, to participate in its Financial Wellness Week in Cairns and Yarrabah in August.  ICAN Financial Counsellor, Zack Wildy, went along and told The Yarn why these… Read more »

ICAN Applauds ASIC Action

ASIC has been successful in its action against Cigno Pty Ltd (Cigno) and BHF Solutions Pty Ltd (BHF Solutions), with the Federal Court finding that both companies engaged in credit activities without holding an… Read more »

‘Success our Way’

ASIC’s Indigenous Financial Services Framework outlines key learnings which ASIC has developed through extensive consultations with a range of stakeholders on First Nations peoples’ access to and engagement with the financial system[1].  Here, Danille… Read more »

ASIC takes Enforcement Action against Money3

ICAN has welcomed ASIC’s enforcement action against used car lender Money3.  ASIC has issued Court proceedings against the lender claiming that it did not do the financial checks needed to ensure the loans they… Read more »

Lessons from the Past

With the Senate currently considering bank closures in regional Australia, ICAN has reflected on the lessons it has learned over many years from talking to people in regional and remote communities about the barriers… Read more »