New appointments to ACNC Board
The Government has announced eight new appointments to the Australian Charities and Not‑for‑profits (ACNC) Advisory Board as follows: Ms Sarah Davies as the part-time Chair and general member; Ms Heather Watson as the part-time Deputy Chair and general member; and Ms Anna Bacik, Mr David Crosbie, Mr Ian Hamm, Ms Sara Harrup, Ms Rosina Loria and Dr Myles McGregor‑Lowndes OAM as part-time general members.
Record complaints taken to financial ombudsman in 2022-23
The Australian Financial Complaints Authority (AFCA) has advised that consumers in dispute with financial firms lodged a record 96,987 complaints within the past 12 months, an unprecedented rise of 34 per cent on the previous financial year. AFCA said the rise reflected growing financial stress in the community, the continued scourge of scams, and issues with insurer claims handling that had continued for well over a year now. AFCA also said the impact of financial stress from rising interest rates and costs of living became increasingly evident in complaints in the final quarter of 2022-23.
