Credit law - Mortgage stress amid rising interest rates

FCAWA Consumer Law Series - 1 Skills CPD

Over a decade of soaring property growth, generous tax incentives for property investors and record low interest rates has resulted in Australian households being among the most indebted in the world. We will look at this problem in the context of unprecedented interest rates increases which will see thousands tipped from fixed to variable rates. We will discuss borrowers rights under the National Consumer Credit Protection Act 2009 (Cth) and explore the pros and cons of taking a complaint to the Australian Financial Complaints Authority (AFCA) as opposed to litigating.

Presented by Josh Mennen

Disclaimer: On applying to attend this training please be aware the information distributed has been prepared by an external provider and is merely for educational and information purposes. Please be aware whilst the FCAWA takes all care to avoid any issues on the content, this is no substitute for seeking professional independent advice.

The FCAWA does not financially benefit or have any commercial arrangements or financial agreements with any of these external training bodies.

Accordingly, the FCAWA will take no responsibility or indemnify any Financial Counsellors or services that seek to utilise these training providers/ companies as a future source referral for services with clients of their practice.