Consumer advocates have sounded the alarm over the Morrison government’s planned changes to wind back responsible lending laws. Some slammed it as “a short-sighted fix”, putting individuals at risk of becoming over-leveraged in a “flailing economy”. Others questioned whether the government had not learnt the lessons of the Hayne Royal […]
Consumer group Choice said despite the market fluctuations coronavirus, now is not the time to make drastic changes to your super. Scott Pape, author of The Barefoot Investor said instead, you should be making sure you have the right risk for your age and your risk tolerance. Pape warned against […]
Apple’s iPhone and iPad have always locked users into Apple’s default apps for fundamental services like email and web browsing. People could always download rival third-party apps, but the default apps launched for fundamental services would defer=”defer”to Apple’s native apps. That long-held standard may finally be changing, according to a […]
Consumer advocacy group Choice has revealed the 2019 winners of its Shonky Awards. The awards name and shame companies and industries which have either “ripped off” or “misled” Australians. Ikea’s Nekyld fridge made it onto the list, along with AMP Superannuation and electronics seller Kogan. Consumer advocacy group Choice has […]
ASIC announced a review of primary school banking programs. CBA’s Dollarmite program was recently awarded a Choice Shonky Award for its relentless marketing to children. And a Fairfax Media investigation earlier this year found that thousands of children’s accounts were fraudulently set up by retail branch staff as part of […]
In an interview with The New York Times’ Tim Herrera, the entrepreneur and investor Patrick McGinnis discussed how a so-called fear of better options could lead one to be overly hesitant in making decisions. For big life decisions, McGinnis applies the same kinds of approaches he does when evaluating a […]
Interesting fact No. 1. Amazon’s terms and conditions for the Kindle are 73,198 words long. Interesting fact No. 2. That’s about the same length as JD Salinger’s classic novel, The Catcher in the Rye , but without the same literary merit. JK Rowling’s Harry Potter and the Philosopher’s Stone comes […]
Consumer lobby group Choice is taking its fight over the stocking densities used by free-range egg producers to the smartphones of consumers, launching a free augmented reality app so shoppers can check the bona fides of any claims. A meeting of Australia’s consumer affairs minister agreed to a national standard […]
Also government spending cuts.
That $2000 food processor really annoyed people.
Same show, global internet, outrageous prices.