![]() | 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
|
![]() | 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
|
![]() | 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
|
![]() | 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
|
![]() | Guiding Clients Through Financial Biases: Key to Effective Financial Advising Tue, 16 Sep: Seeking guidance from financial advisers is driven not just by a desire to identify the best investment opportunities or maximise wealth, but also to gain a greater sense of control over one's financial future. Recent insights from Russel Investments’ Value of an Adviser Report 2025 reveal that 86% of advised clients and 76% of those without advice see gaining control over their finances as a primary benefit of guidance. - read more
|
![]() | ASIC Releases Updated Legislation for Financial Advice Tue, 16 Sep: The Australian Securities and Investments Commission (ASIC) has introduced a new, consolidated legislative instrument that relates to financial advice. This update follows through on ASIC's May announcement regarding the remake of three existing advice-related instruments. - read more
|
![]() | Reserve Bank Confirms Stable High Cost of Living in Australia Tue, 16 Sep: The Reserve Bank of Australia's assistant governor, Sarah Hunter, has announced that Australians should brace themselves for a sustained rise in the cost of living. Addressing the Australian Finance Industry Association, she revealed that essential items like milk, bread, and petrol will stay at elevated price levels, not reverting to pre-COVID rates. This pronouncement underscores a new reality for shoppers across the country who will have to adjust to persistently higher prices for daily necessities. - read more
|
![]() | ASIC Extends Relief on Distribution Rules for Insurance Providers Tue, 16 Sep: The Australian Securities and Investments Commission (ASIC) has announced an extension of the exemption allowing general insurance providers to forego appointing product distributors as authorised representatives. This decision comes with the introduction of a new legislative instrument, 2025/520, which renews the previous framework, originally established under instrument 2015/682. The relief will now continue until August 27, 2030. - read more
|