EPISODE · Apr 1, 2024 · 3 MIN
"Financial scheme of last resort" begins today; RBA rate cuts could be delayed til 2025
from Peter Ryan_ABC News Soundcloud · host Peter Ryan
If you've been dudded by a dodgy financial firm that's gone bust and can't get your money back, from today there's another option that just might work. What's known as the "Compensation Scheme of Last Resort" is now up and running and could deliver as much as $150,000 to consumers who've suffered from financial services misconduct. ABC's Peter Ryan explains.
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"Financial scheme of last resort" begins today; RBA rate cuts could be delayed til 2025
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