Divorce and Your Finances
Breaking up is hard to do. On top of the emotional impact, there are practical ramifications as well. When there’s a separation or divorce, debts you’ve accrued during the relationship unfortunately don’t go away. The longer a couple is together, the harder it can be to unravel all the financial connections. The issues facing both […]
Positive Credit Reporting and What it Means to You…
In 2014 the government made amendments to the Privacy Act 1988 permitting lenders to provide information to credit reporting agencies on more than just defaults. It allowed lenders to report on repayment history, including missed or late payments. Up to now however, lenders have not applied this more comprehensive method of credit reporting. As a […]
The Australian Economy is Looking Up for 2018
Some of us aren’t sad to see 2017 go, and with data that confirms 2018 is set to be a better year economically, we can’t help but look forward to the New Year and continued economic growth. Here’s a little insight into why we think 2018 will be bigger and better than 2017. To date, […]
Everything You Need to Know about Refinancing
The year’s almost over, and it’s time to set goals for 2018. One important objective for the coming year should be to review your home loan. For most people, their biggest asset is their home, and concurrently, their biggest liability is their home loan. So, it makes sense, when setting goals for the coming year, […]
It’s Time to Speak to Your Clients about their Budget
It is now more vital than ever to be having a discussion with your clients about their budget and spending habits. Recently, the Australian Securities & Investments Commission (ASIC) have been focusing the spotlight on living expenses and now require Lenders and Brokers to request savings account statements to verify that the borrowers expenses accurately […]