The Indigenous Consumer Assistance Network (ICAN) has strongly welcomed the release of ASIC’s landmark report, Lifting the bonnet: ASIC’s review of car loans, which confirms longstanding concerns raised by ICAN about harmful practices in… Read more »
When Mary (not her real name) bought a second-hand car through a dealer, she thought she was investing in a better future for her family. Living in a remote community, a car wasn’t a… Read more »
The Indigenous Consumer Assistance Network (ICAN) has welcomed the Australian Securities and Investments Commission’s (ASIC) timely review of the motor vehicle finance industry. The review aims to address systemic issues affecting consumers in regional,… Read more »
“Super funds excel at collecting our money, but miserably fail us when we need it most,” say advocates demanding immediate reform. A scathing report by the Australian Securities and Investments Commission (ASIC) released this… Read more »
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 »
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 »