Financial help

FORREST MHR Nola Marino says South West businesses and residents will benefit from the passing of legislation to establish the Australian Financial Complaints Authority.

Mrs Marino said the AFCA would ensure consumers could resolve disputes with banks, insurers, super funds and small amount credit providers, without going to court.

The AFCA will replace the Financial Ombudsman Service, Credit and Investments Ombudsman and the Superannuation Complaints Tribunal.

Source: Bunbury Herald.