| 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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| ASIC Initiates Legal Action Against Interprac Financial Planning Tue, 26 May: The Australian Securities and Investments Commission (ASIC) has commenced civil penalty proceedings against Interprac Financial Planning, alleging significant compliance failures that resulted in substantial financial losses for thousands of Australians. The case centers on the collapse of the Shield Master Fund and the First Guardian Master Fund, which collectively managed approximately $677 million in superannuation investments. - read more
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| National Australia Bank Achieves Record Highs with Strong Earnings Report Tue, 26 May: National Australia Bank (NAB) has reported a significant financial performance, achieving record highs with December-quarter cash earnings of $2.02 billion, a 16% increase compared to the same period last year. This robust growth underscores NAB's strong position within the Australian banking sector and reflects a supportive economic environment. - read more
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| AFSA Emphasizes the Vital Role of Financial Counsellors in Safeguarding Australians Tue, 26 May: The Australian Financial Security Authority (AFSA) has recently underscored the essential role that financial counsellors play in protecting Australians from financial harm. By identifying issues early and providing crucial support, these professionals contribute significantly to the strength and integrity of the nation's personal insolvency system. - read more
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| HESTA Announces Significant Insurance Fee Reductions and Enhanced Member Protections Tue, 26 May: HESTA, a prominent Australian superannuation fund, has unveiled a series of changes aimed at providing more accessible and affordable insurance coverage for its members. Effective from 1 July 2026, these adjustments include an average 12% reduction in insurance fees across all cover types, encompassing death, total and permanent disablement (TPD), and income protection cover. - read more
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