Banking on nothing to hide, while making a legitimate claim regarding an alleged outstanding debt… Why might the bank be unwilling to supply audited accounts or fail to respond to requests for evidence? At first glance, one might assume that… Continue Reading →
Debt collection laws in Australia specify that once a debt is disputed, certain collection activities must cease until the dispute is resolved. By the way, none of this is legal advice, so do your own homework. If a debt’s in… Continue Reading →
Mortgage stress describes a situation where a significant proportion of a household’s income is spent on mortgage repayments, causing financial difficulties and strain. While there’s no universal definition, mortgage stress typically occurs when a household spends 30% or more of… Continue Reading →
There’s no accounting for mortgage figures by the banks… Try asking for audited accounts to prove the amount they’re demanding is correct. You’ll be lucky if they answer. You may be suffering mortgage stress for no reason. The bank may… Continue Reading →
Banks don’t talk? The bank staff don’t answer letters? Their advertised material states that if there’s a discrepancy on the bank statement, to contact them… But they don’t reply… Certainly not what you expect from a bank. Dealing with them,… Continue Reading →
Burden of proof is taking over three years! Not 90 days… yet the bank remains silent. They engage lawyers, send threatening letters demanding monies and foreclosure. And still fail to provide any verification supporting claims of an “outstanding loan account… Continue Reading →
Banks & Post Office, and Your Empowerment: The UK Post Office scandal has exposed how large institutions, whether government-backed or private, exploit vulnerable individuals. The story, while tragic, reveals how people can reclaim their power and fight back against systemic… Continue Reading →
ANZ Bank Queensland Customer Exposes Threat to Consumer Rights – Press Release: (Queensland, Australia 5th November 2024) In a battle for financial transparency, a Queensland customer is challenging “Australia And New Zealand Banking Group” (ANZ). The bank is refusing to… Continue Reading →
Accounting standards for banks in Queensland means complying with Australian Accounting Standards Board (AASB) and Public Records Act 2002 (QLD). Banks in Australia are required to maintain transparency in their financial reporting practices in relation to customer accounts. As with… Continue Reading →
ANZ Bank $25m fine by Federal Court of Australia “ANZ Bank made 155,868 false or misleading representations to customers regarding the systems and processes in place to administer the Breakfree Benefits and Offset Benefits. Over this period, a total of… Continue Reading →
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