There are laws and regulations in relation to mortgagee sales that have been strengthened.
Attorney General and Minister for Industry and Trade Aiyaz Sayed-Khaiyum said made the comments while speaking at the World Consumer Rights Day in relation to the Consumer Council of Fiji’s concerns on discrepancies and unfair practices in the financial sector.
Fiji Banking Association Chairperson Adrian Hughes said the number of mortgage sales in Fiji is very low highlighting that there are 10 to 12 mortgage sales for Westpac bank in a year.
Hughes said that the association is keen as a banking system to improve and realize that they are not perfect.
He said however individuals have a duty to care and understand what they are buying and communicate with the banks about their financial hardships.
The crackdown on the drug trade in Fiji has intensified with multiple drug raids throughout the country with the seizure of drugs and money believed t...
11 hours ago
FICAC has been allowed to amend the date of the alleged offence and replace the word 'tender' with 'Expression of Interest' in the charge against ...
10 hours ago
Acting FICAC Commissioner Lavi Rokoika has made a submission to remove the Attorney General as the reporting authority for FICAC and for either the ...
10 hours ago
The Reserve Bank of Fiji has officially launched a dedicated Confidential Disclosure section on its official website to provide members of the public ...
12 hours ago
International lawyer and arbitrator Ana Tuiketei has described a defining moment in her academic journey after meeting King Charles III and Queen ...
12 hours ago
Supervisor of Elections, Ana Mataiciwa will appear on fijivillage Straight Talk With Vijay Narayan at 7 tonight.The show will focus on the upcoming ...
12 hours ago
Druglord, Jone Vakarisi has died in military custoday, 3 other associates have been released after questioning, 1 RFMF personnel remains in military ...
2 days ago
Serious concerns are being raised regarding a proposed Australian company's TNG Waste-to-Energy incinerator in Saweni, Vuda, and a group of concerned ...
2 days ago
Ratu Epeli was a highly respected Fijian chief and a people’s President as many would remember him on many occasions walking on the streets of Suva ...
7 days ago
