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The Latest Breaking News from Youpla

Financial rights advocates ‘seriously concerned’ about how Youpla support scheme will be spent

‘Disappointment’ comes after documents reveal only two-thirds of $96m will go to Indigenous victims of predatory funeral fund

The Guardian - AU

About a third of $96m ACBF-Youpla victim support scheme to be spent on administration

National Indigenous Australians Agency and Services Australia will receive about $30m to run program for Aboriginal victims of predatory funeral fund

The Guardian - AU

Help offered to Indigenous people ripped off by Youpla

Save Sorry Business has welcomed the federal government's $97 million support package for Indigenous people affected by the collapse of dodgy insurer Youpla.

AAP

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Labor to provide $97m for victims of predatory insurance provider ACBF-Youpla

The support program will run for two years and aim to bring ‘peace of mind’ to thousands of Indigenous Australians

The Guardian - AU

Youpla directors pursued by Asic over collapsed funeral fund that hurt Aboriginal families

Corporate regulator launches court action alleging former directors oversaw structure that left members vulnerable

The Guardian - AU

Government scheme for ACBF Youpla customers expires in November — what happens next?

For decades, funeral insurer ACBF Youpla sold policies to First Nations Australians despite attention for regulators. Now, two years after it collapsed, the government is still wrestling with how to compensate the company's customers.

ABC News

Dodgy funeral company Youpla banked on Centrepay for payments

A company that sold junk funeral policies to Indigenous people increased profits by relying on Centrelink's billing system, Centrepay.

The New Daily

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Dodgy funeral company banked on Centrepay for payments

The Save Sorry Business Coalition is lobbying the federal government to do more in the budget to help Indigenous people ripped off by an unscrupulous company.

AAP

Youpla profits surged after it was approved for federal government’s automatic payments system

New data reveals the scale of how many Indigenous people were impacted by the disgraced funeral fund

The Guardian - AU

Consumer advocates warn of funeral insurance 'rort' that leaves customers paying more than it costs to bury them

David is dying of cancer, but he has already paid more than the cost of his funeral in insurance. Consumer advocates say he is far from alone and they want the "rip-off" to stop.

ABC News

Customers of failed funeral insurer ACBF/Youpla plead with government for compensation

Vennessa Poelina is flying 3,000 kilometres to try to convince the government to fulfil its "moral obligation" to compensate for her $20,000 in lost pre-paid funeral plans.

ABC News

Morning Mail: Labor sweats on majority in NSW, Netanyahu bows to protests, Nashville school shooting

Labor still hasn’t pinned down the last seats it needs to avoid minority government; thylacine could have lived for decades past ‘extinction’

The Guardian - AU

Youpla victims asking ‘when they should die’ to be eligible for funeral relief, advocates say

Government urged to give ‘certainty’ to more than 13,000 Aboriginal policy holders of defunct fund

The Guardian - AU

Indigenous advocates plead to 'save sorry business'

The Save Sorry Business coalition is holding a "day of action" to call for help for the thousands of Indigenous people targeted by a failed funeral insurer.

AAP

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The Guardian - AU

‘A kick in the guts’: ACBF-Youpla victims still waiting for millions in compensation

Families still struggling a year after collapse of predatory funeral fund that targeted low-income Aboriginal people

ABC News

Kimberley families still in limbo almost a year after Youpla funeral insurance collapse

Indigenous Kimberley residents impacted by funeral insurance fund Youpla going into administration are continuing their fight for compensation.

ABC News

Aboriginal elder who lost money to Youpla funeral insurance urges more protection for victims

Dubbo elder Maxwell Wiseman thought he was protecting his family when he took out funeral insurance. Instead, he lost thousands of dollars to a company accused of targeting vulnerable people.

ABC News

Indigenous advocates return to Canberra to ask for compensation over Youpla mess

Advocates are in Canberra asking the government to compensate the thousands of people who put their money into funeral insurer Youpla. But finding out exactly who they are won't be easy.

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The Guardian - AU

Federal governments legitimised predatory funeral fund that targeted Indigenous Australians, advocates claim

Centrepay scheme established under Howard government authorised ACBF-Youpla to take payments direct from welfare income

The Guardian - AU

Asic seeks record $7.5m penalty against ACBF-Youpla for alleged deceptive and misleading conduct

Corporate regulator alleges funeral insurer engaged in ‘deliberate and knowing conduct of preying on vulnerable Aboriginal people’

The Guardian - AU

Youpla collapse: ACCC warns funeral directors against ripping off victims

Australian Competition and Consumer Commission says people should not reveal to funeral providers they are eligible for payments from government scheme

The Guardian - AU

Youpla funeral fund: compensation scheme to begin for Aboriginal victims of predatory insurer

Exclusive: People who took out insurance with collapsed insurer at 1 April 2020 to receive payout equal to original promised amount

Crikey

Help on way after funeral insurer collapse

The Albanese government has announced around $4 million in relief for families impacted by the collapse of insurer ACBF-Youpla.

ABC News

Months after funeral insurer's collapse left First Nations customers out of pocket, government offers funding to cover funerals

Four months after a funeral insurer collapsed, leaving thousands of First Nations customers out of pocket, the government offers funding to cover funerals.

The Guardian - AU

Labor pledges $4m for Aboriginal families affected by Youpla funeral fund collapse

The emergency relief package for families struggling to pay for burials includes a payout for expenses equal to the one they were promised by the disgraced insurer

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