Financial disputes resolution is ‘not fit for purpose’: CAB
Andrew Hubbard says current framework has created unfairness and confusion.
Parliament’s Finance and Expenditure Select Committee is continuing to hear submissions on financial services legislation.
Consumer groups are urging Parliament to take tougher action against debt collectors and car dealers, and to legislate for a single financial dispute resolution scheme.
The Finance and Expenditure Select Committee has been hearing submissions today on Zoom on the Credit Contracts and Consumer
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