It is amazing how coincidentally donors to major political parties and some not so major seem to be able to function in Australia totally differently to the way they do in the rest of the developed world.Take CCs for example. Just look at the protection EVERY cc in the UK is required by law to provide. If something fails with a purchase the cc company really wants to get a good result for you otherwise it costs them not you.
Good to start letting people know just how much we are being fleeced here in Oz vs overseas consumer protection.
Payment protection
The best way for UK shoppers to get protection for large purchases is to use a credit card, as long as what you're buying costs over £100 and less than £30,000. Thanks to Section 75 of the 1974 Consumer Credit Act, the card issuer is jointly liable, and the protection includes items where you've paid a deposit of over £100 on the card, but settled the balance in another way.
The protection offered, in effect, makes the card company liable in exactly the same way as the retailer. Not only does it mean that if the shop goes bust – as in the Phones4U case – you'll get your money back, but if there's a problem with something, the card company is also liable.
So, for instance, if a new TV develops a fault, and the shop maintains that it's nothing to do with them, you can take the matter up with the card company. In practice, very often if a retailer is being awkward, simply telling them that you'll deal with the card company may be enough to make them take notice. Small shops especially don't want to end up getting items charged back, and perhaps risking their card facilities.
Of course, not everyone has a credit card, or you may simply prefer to pay by a debit card. If you do, however, it's important to be aware that the protection offered by a debit card, while comparable to that offered by credit cards, is not a legal obligation. Instead, it's a scheme offered by the banks, and referred to as chargeback.