Younger Territorians face a series of consumer related challenges as they start to become fully fledged consumers. Their inexperience may mean they are susceptible to a host of scams and inappropriate or illegal conduct by individuals and businesses. To ensure that younger Territorians understand their rights and know how to respond to such behavior we have developed the following information around the main youth consumer issues.
As you prepare to leave home you will need to think about where you will live and what you can afford. There is a range of rights and responsibilities that you should be aware of under the Northern Territory Residential Tenancies Act. Each state and territory has similar legislation so it is important to have the right information depending on where you are. To help you understand your rights and responsibilities, NT Consumer Affairs has developed a guide to renting in the NT.
It is available to download, or print out - pdf
NT Consumer Affairs has developed a range of brochures and fact sheets about the many aspects of renting in the Territory. Check them all out on our website here.
One of the exciting aspects of having a wage for the first time is enjoying spending it! However it’s always important to consider that not all the money you receive can be spent on just anything. There is a range of regular expenses you must prepare for including things like car payments, rent, electricity, phone bills etc. Therefore before heading out on a spending spree check out our website here that provides a heaps of shopping and purchasing advice.
Buying a car
One of the biggest purchasing decisions you will do is buying a new or second hand car. It’s best to research beforehand to avoid impulse purchasing. Make sure you consider the additional costs of running a car including registration, licensing, loan interest and payments, repairs and fuel. If you don’t do your homework you may get stuck with a lemon, a vehicle that may cost you thousands in repairs. Check out our website here to get the full picture on car purchasing.
Managing on low income
When you leave home you may begin to receive an income for the first time. Naturally enough, this income will begin at a low level, climbing as you gain experience and promotion. Therefore, for a period of time you will need to learn to manage on a low income and this can be tough. This requires some careful planning and avoiding impulsive purchasing. Check out the Australian Securities & Investments Commission Moneysmart website here.
Connecting online is fun and allows you to find contacts across the world. Social media is ever expanding but it’s important to consider the security of your personal information. One of the scams that can have the biggest impact is identity theft. This is where a criminal gains access to your personal information (such as your name, address, date of birth or bank account details) to steal money or gain other benefits. Check out the Australian Signals Directorate's Australian Cyber Security Centre (ACSC) website here to learn more about identity theft.
Scammers are always trying to evolve and now they are getting more professional in their approaches. Check out our website here to learn more about scams and how to protect yourself. Remember…if it sounds too good to be true, it probably is!
Younger Territorians, like all Territorians, can be impacted by a range of consumer issues. Check out our Consumer Menu below to find about more information about other issues. If you require more information please don’t hesitate to contact us on (08) 8999 1999 or 1800 019 319.