Tag: CCI

The financial regulator is threatening action against lenders including the major banks over the sale of add-on loan and credit card insurance (CCI) that “has consistently failed consumers”. An Australian Securities and Investments Commission (ASIC) report released today found that consumer credit insurance represented extremely poor value for money and was regularly mis-sold. ASIC’s report […]

The Western Australia Chamber of Commerce and Industry says businesses confidence has plummeted since the end of March in it’s June quarter business confidence survey.