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International arrivals given right to appeal hotel quarantine detention

International arrivals given right to appeal hotel quarantine detention We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement International arrivals going into Victoria’s rebooted hotel quarantine program can apply for their detention to be reviewed by a panel of lawyers within 24 hours. The Age has confirmed the government has been on a recruiting blitz to source lawyers with more than 10 years of experience to act as detention review officers. Returning travellers set to be detained in the Intercontinental Hotel began arriving last Thursday. Credit:Jason South The new review process has been brought in following recommendations from the Coate inquiry, which found repeated failures in the first version of hotel quarantine resulted in coronavirus spreading into the community, sparking Victoria’s deadly second wave last year.

Australians have filed 31,000 complaints about shonky credit products since the banking royal commission

Sam Mooy/Getty Images Australians filed some 31,000 complaints about lending products after the banking royal commission, according to new CHOICE analysis. The consumer advocacy publication issued those findings in a last-ditch attempt to argue in favour of responsible lending regulation, which could be repealed within days. A report from the Senate Standing Committee on Economics, released Friday, broadly supported the rollback. Australians have filed some 31,000 complaints about lending products since the banking royal commission began, according to new CHOICE analysis released days after a Senate committee recommended the rollback of responsible lending legislation. In a new statement, CHOICE says it has tallied thousands of complaints made to the Australian Financial Complaints Authority (AFCA) since 2018, with borrowers raising issues with mortgages, personal loans, and credit cards.

Fears of a debt disaster as property market runs hot and changes to safe lending laws loom

Fears of a debt disaster as property market runs hot and changes to safe lending laws loom Posted FriFriday 12 MarMarch 2021 at 7:24pm Before the global financial crisis, Jacob wanted to develop his then property in the Tweed Valley into a tourist lodge but the bank repossessed it. ( Print text only He wanted to develop his then property in the Tweed Valley into a tourist lodge. But in November 2009, he had a serious accident on the farm tractor and could not work. He asked his lender at the time who he had taken a high-risk low-doc loan from to let him defer mortgage repayments until he could resume work.

Legal centre warns of Christmas debt

Legal centre warns of Christmas debt By Emma Ryan|31 December 2020 An Australian legal centre has warned of the dangers of taking out loans or utilising buy now, pay later services, with Christmas expenses taking their yearly toll. According to the Financial Rights Legal Centre and Mob Strong Debt Help, Aussies often find themselves in debt following the festive season due to high expenses being spent over the period. The pair have issued a joint statement urging Australians to be extra vigilant this year, with the COVID-19 pandemic likely to have placed added stressors on finances in 2020. Financial Rights Legal Centre chief executive officer Karen Cox said while taking out loans or using buy now, pay later (BNPL) services to cope with the added pressures, these options could be the start of an ongoing debt trap.

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