![]() | How Credit Card Balance Transfers Can Damage Your Credit Rating Since the banks and finance providers have been castigated for the way they seemingly indiscriminately awarded credit to people who could ill afford it, the chances of being accepted for loans and credit cards have decreased. Concurrently, there is a greater focus on individual's being aware of how credit works and what their financial behaviors means in terms of a credit score and history. - read more
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![]() | Credit Card Secret Guarantee Most people use credit cards in some form or another but few truly appreciate one of the special features of credit cards that make using their credit card to insure their purchases. - read more
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![]() | 5 Credit Killers A good credit score speaks volumes about your financial habits. It's the evidence most creditors need to evaluate your credit worthiness. - read more
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![]() | 7 things you need to know about a Hire Purchase loan There are seven things you should know before you ever think of getting a Hire Purchase loan. Knowing these things will give you control and power in the loan process. Power and control will will save you money - read more
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![]() | Unlocking Wealth: Transforming Income Strategy in Australia Mon, 08 Sep: In the quest for financial prosperity in Australia, focusing solely on cutting expenses, such as daily coffee purchases, may not be the most effective strategy. According to financial expert Ben Nash, significantly boosting one's income holds far greater potential for wealth accumulation. This shift in mindset—from limiting expenses to maximising earning capabilities—could redefine financial growth strategies for Australians. - read more
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![]() | Sequoia Advocates for Super Fund Reserves to Aid Shield and First Guardian Victims Mon, 08 Sep: Clients of InterPrac-authorised advisers, impacted by their investments in Shield and First Guardian, recently received significant communication from Sequoia. In this correspondence, Sequoia proposed that affected members could potentially pursue remediation through their superannuation fund's Operational Risk Financial Requirement (ORFR) reserves. ORFR, a safety net established for APRA-regulated funds since 2013, is designed to protect members from financial losses arising from operational issues such as governance errors. - read more
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![]() | Surge in Auction Success Drives Housing Market Upswing Mon, 08 Sep: The Australian housing market is showing significant signs of recovery with a noticeable upswing in auction clearance rates. The national monthly average final auction clearance rate for August climbed to 69%, marking the strongest result since February 2024. Recent figures from Cotality reveal that auction success continues, with 75% of auctions holding nationwide leading to successful sales, sustaining a four-week streak of strong clearance rates at or above this benchmark. - read more
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![]() | Ombudsman Upholds Policyholder’s Claim Despite Fraud Allegations Mon, 08 Sep: A motor insurance policyholder has won a significant dispute over fraud allegations, with the industry ombudsman ruling in favour of a payout following a controversial car accident claim. The case revolved around an incident where the claimant's wife crashed at an intersection one evening, reportedly failing to yield. The lack of photographic evidence due to shock and subsequent involvement of towing services complicated matters. - read more
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