Banking, insurance and finance news

Not in the written ABC report, but mentioned on the Drum and elsewhere on line.

Non-government consumer advocate CHOICE said in a statement the six-month delay “strikes a sensible balance between recognising the reality of these unprecedented circumstances and the need to legislate reforms to protect consumers, who will need this even more in the coming months”.

The previously posted ABC report on government progress stated,

It has already implemented 24 of the Commission’s 76 recommendations, with work continuing on a further 35 recommendations.

There is often more to a story than a headline.
Details of the 17 recommendations with no action to date, may be of greater interest.

4 Likes