Tag: financial hardship

Banking & Finance

Legal

What does a bankrupt look like?

What does a bankrupt person look like? Is it a corporate highflyer who has recklessly thrown money into a high-risk, undiversified investment portfolio in an attempt to get rich quick, or perhaps, an aspiring entrepreneur who is shamelessly hiding assets from creditors? Contrary to existing stereotypes, statistics say that a bankrupt is most likely a…

6 Jul 2018, by Amy Sarcevic

Energy & Utilities

Watering down the barriers – Sydney Water’s approach to customer hardship intervention

Rising utility prices have contributed to a dramatic rise in the number of consumers struggling to meet their utility repayments. Recent reports state that consumer complaints to state Energy & Water Ombudsman are on the rise, but how are retailers navigating the complex challenges of balancing commercial objectives with regulatory requirements and social obligations? In the…

27 Mar 2015, by test test

Social Policy

The pantry to the welfare sector

In the last financial year Foodbank Australia has experienced an 11% increase in community groups seeking food assistance. In the lead-up to the National Emergency Relief Summit, we had the chance to speak to Gerry Andersen, CEO at Foodbank NSW about the reasons behind the rising demand, what families are most affected and the biggest…

4 Feb 2014, by test test