Financial counselling services across the state are reporting unsustainable wait times as demand for assistance skyrockets amid rising interest rates, unaffordable rentals, soaring energy prices, and costly grocery bills. Victoria’s leading community organisations are calling on the Victorian Government to urgently fund more financial counsellors to respond to worsening cost-of-living pressures.
Victoria’s leading social, legal, financial and consumer rights’ bodies have united to oppose a dramatic planned rise in power prices across Victoria.
Financial Counselling Victoria (FCVic) today welcomed the announcement of new legislation that will require Councils to be more consistent and community-minded when dealing with rate payer debt.
Financial Counselling Victoria (FCVic) this week welcomed the findings of the Royal Commission into the Casino Operator and Licence which evidenced that Crown Melbourne had engaged for many years in ‘conduct that is, in a word, disgraceful… variously illegal, dishonest, unethical and exploitative’.
Victorian financial counsellors are slamming federal government moves to remove responsible lending laws.
The laws protect people from exploitative lending by banks and other lenders, but the Federal Government has just released a draft bill which will see them axed from March next year.