Financial complaints surge as cost of living bites

Every two minutes, Australians made a complaint about financial services, with reports involving monetary hardship surging as cost of living pressures loomed large. The Australian Financial Complaints Authority (AFCA) received more than 100,000 complaints from consumers and small businesses between 2022 and 2023, a 23 per cent increase on the year before. Reports about scams […]

This post was originally published on Michael West.