The Finance News Wrap, hosted by Paige Estritori, brings you the most relevant and up-to-date news from the Australian Mortgage and Finance industry
We diligently gather the latest developments, focusing on news from the past week that resonates most with Australian business and personal consumers
Our team conducts in-depth research on each selected news item to craft original articles that not only inform but also provide valuable insights into the current financial landscape
Our podcast summarizes these key news items, delivering them in a concise and engaging format
Whether you're a professional in the finance sector or a personal consumer interested in staying abreast of the mortgage and finance trends, our podcast is your go-to source for reliable and impactful information, presented weekly by the knowledgeable Paige Estritori.
Welcome to Our News Podcasts! Dive into the latest episode from any of our 5 podcasts ... or explore our archive for topics that interest you.
In this week's episode of the Weekly Finance News Wrap with host Paige Estritori, the spotlight is on the concerning patterns in Australia's motor vehicle finance sector
Findings reveal exorbitantly high loan establishment fees and alarming default rates, with many owners still heavily indebted after repossession
The Australian Securities and Investments Commission (ASIC) has addressed these issues with eight lenders, pushing for improvements in staff training, risk management, and governance
The priority remains transparency, responsibility, and protection for consumers in loan practices
The sector's evolution should emphasize equitable financial practices and keep consumers well-informed
Stay updated on personal and business loan finance at financialservicesonline.com.au.
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| 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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| Loan Lingo: Simplifying the Language of Marine Finance for Boat Owners Embarking on a new boating adventure can be thrilling, yet the complexities of marine finance can feel daunting. For Australian consumers, understanding the intricacies of marine finance is crucial to ensuring a smooth journey to boat ownership. - read more
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| Understanding State-by-State Insurance Requirements for Strata Schemes in Australia Strata schemes are a popular form of property ownership in Australia, particularly in cities where high-density living is common. A strata scheme is essentially a building or collection of buildings that allows for individual ownership of a part of the property, combined with shared ownership of common areas. Residents coexist in a community and collectively manage shared spaces such as gardens, driveways, or facilities. - read more
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| How to Make a Claim on Your Strata Insurance: A Step-by-Step Guide When it comes to strata insurance, making a claim can feel daunting if you're not familiar with the process. A vital first step is understanding what constitutes a claimable event. Typically, these are events that lead to damage or loss in the common areas of a property, such as fire, storm damage, or vandalism. However, each policy can vary, so it’s important to check the specifics of what your coverage includes. - read more
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| The Importance of Updating Your Strata Insurance Policy Strata insurance is a specific type of insurance designed to cover shared property and common areas within a strata-titled property. This includes coverage for dwelling structures, common hallways, roofs, and sometimes even shared swimming pools or gardens. - read more
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