Has the Consumer Protection Fund been set up?

Ross Greenwood speaks to Financial Services Minister Kelly O’Dwyer after discovering two weeks ago that the penalties the Commonwealth Bank, NAB and the ANZ agreed to pay as part of their BBSW settlement into a Consumer Protection Fund hadn’t been actually paid as the fund hadn’t been set up. The Minister provides Ross with an update.

Interview with: Kelly O’Dwyer, Minister for Financial Services and Revenue



Would you guarantee your children’s business?

Newsletter – May 11 2018

Big banks commit millions to new consumer protection fund, yet to pay a cent

9News: Deal Reached

Thermomix fined $4.6 million after reports of severe burns

Optus in trouble for the second time this week

Brent’s horror NBN Story

Why has the PM back-flipped on a Royal Commission into the banks?

Will you cop a nine-month delay for the NBN?

Why did NAB sack 20 bankers?

Are you an unhappy NBN customer?

Will Corporate penalties triple?

Crackdown on super non-payments

Newsletter – August 25 2017

Consumer contracts getting up my nose

Money Minute – August 21 2017 Profit from Confusion

Household real wages aren’t rising

Car industry on notice

QBE to refund $15.9 million to its customers

iTunes scam costs Melbourne woman $46,000

ACCC: Unconscionable and misleading conduct

Ford rejects it misled customers

Trump protectionism could hurt Australia

Efficiency and Competitiveness of Superannuation – Kelly O’Dwyer

Image source: 2GB

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