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Andy Kollmorgen

I'm a long-time investigative journalist who started off in New York City, ended up in Sydney, and likes nothing better than to shine a spotlight on underhanded behaviour in the consumer marketplace. The Investigations Team's work often focuses on financial harm to vulnerable people at the hands of corporations and businesses. I came to CHOICE in late 2010 by way of the Australian Securities and Investments Commission, a role that was preceded by a stint at the Australian Financial Review. I've also been a comms manager for a sales-driven boutique financial services firm in Sydney – an experience that inspired me to apply for the ASIC job. I research and report on a wide range of issues in the consumer marketplace – there never seems to be a shortage of them. I'm a former member of the NSW Fair Trading Advisory Council. You can find me on Twitter and LinkedIn. Recent articles by Andy TPG email cancellations causing chaos, but there may be an upside Cigno payday loan charging 800% declared illegal These are the most complained about businesses in 2023 3 out of 4 Australians harmed by a data breach CHOICE report: Extreme weather putting home insurance out of reach Why are we still paying billions in bank fees?

Is car hire insurance worth it?

August 30, 2025August 1, 2023 by Andy Kollmorgen | Jodi
car key for car hire and excess fees

Do you need to buy car hire excess insurance over the counter or are there better alternatives to reduce your excess?

Categories Car Hire, On Holidays, Travel Tags chart, email signup

Why are we still paying billions in bank fees?

August 30, 2025July 28, 2023 by Andy Kollmorgen
magnet_sneaking_money_out_of_customers_wallets

The big banks posted sky-high profits during a cost-of-living crisis. Why are we still paying $3.2 billion in fees?

Categories Banking, Everyday Banking, Money Tags Article news

Older Australians most affected by scams 

August 30, 2025July 25, 2023 by Andy Kollmorgen
senior_person_on_phone_to_scammer

From investment to phishing and remote-access scams, over-65s are losing more money than any other age group. 

Categories Ageing and Retirement, Health and Body, Healthy Ageing Tags Article investigation

Risky choices for inexperienced investors 

August 30, 2025July 12, 2023 by Andy Kollmorgen
looking_over_decline_in_stockmarket

The uptake of contracts for difference and other volatile investments is high among rookie investors. 

Categories Financial Planning and Investing, Money, Stock Market Investing Tags Article news

Worries about energy and grocery prices reach new highs

August 30, 2025July 4, 2023 by Andy Kollmorgen
couple_looking_over_finances

Our latest national Consumer Pulse survey shows that nine out of 10 Australians are facing higher costs as inflation bites.

Categories Budget, Cost of Living, Money Tags Article news

ASIC takes action against pet insurance brands Petbarn, Bupa, HCF and more

August 30, 2025July 3, 2023 by Andy Kollmorgen
dog_at_vet

The regulator temporarily stopped the sale of policies from 38 pet insurance brands due to concerns they weren’t right for their intended customers. 

Categories Insurance, Money, Pet Tags Article news

The high cost of road toll notices

August 30, 2025June 27, 2023 by Andy Kollmorgen
transurban_logo_with_australian_banknotes_and_tollway_entrance_sign

Sydney, Brisbane and Melbourne motorists pay a lot to drive on Linkt toll roads, but a missed toll payment can cost much more. 

Categories Cars, Fines, Transport Tags Article investigation

Compensation scheme for victims of financial misconduct finally goes ahead

August 30, 2025June 23, 2023 by Andy Kollmorgen
woman_looking_at_paperwork_and_phone

The scheme will help protect Australians from dodgy financial operators who can’t pay mandated compensation.

Categories Financial Planning and Investing, Managed Funds and Trusts, Money Tags Article news

Financial counsellors see 29% increase in calls due to cost of living crisis

August 30, 2025June 20, 2023 by Andy Kollmorgen
financial_counsellor_on_phone (1)

The National Debt Helpline is receiving calls from people who are fully employed and still can’t pay their bills. 

Categories Financial Planning, Financial Planning and Investing, Money Tags Article news

Queenslanders facing unaffordable rent increases 

August 30, 2025June 5, 2023 by Andy Kollmorgen
for_lease_sign_with_leased_sticker

Many Queenslanders are struggling to keep a roof over their head as rents rise an average 23%. 

Categories Money, Property, Renting Tags Article news
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Find me on @andykollmorgen

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