Additional new credit reporting changes July 2021

Additional new credit reporting changes July 2021

New credit reporting changes July 2021 and what it means for Aussies New credit reporting rules that come into effect from July 2022 will change what is shown on your credit report, especially when it comes to hardship repayments. Here's what those changes are and what they mean for...

read more
Changes to your credit report that may impact you

Changes to your credit report that may impact you

Buy Now Pay Later Services and how recent changes may impact your credit reportIf you are reading this, you are more than likely aware that your credit report plays a very important role in your life. Get it right, and the world’s your oyster, get it wrong and you are set to survive...

read more
Is Queensland the big 2021 Olympic winners?

Is Queensland the big 2021 Olympic winners?

Is Queensland the big 2021 Olympic winners? Australia’s 1st Olympic win in 2021 was not during the actual games in Tokyo, but two days before the opening ceremony even took place, when on the 21 of July 2021, the world learned that Brisbane would host the 2032 Olympic Games. In the...

read more
Better Business Awards

Better Business Awards

On the 14th July 2021 Victorian and Tasmanian brokers had their focus on the Better Business Awards. While there are many amazing people doing fantastic things out there, this is an opportunity to recognise, and celebrate the great work done over the past 12 months.  Fix Bad Credit...

read more
Who benefits from the Government stimulus package.

Who benefits from the Government stimulus package.

The COVID-19 pandemic has caused major widespread economic costs, significantly impacting economies across the world. In response, many Governments’ released stimulus packages to keep their economies alive. The Australian Government introduced it’s “HOMEBUILDER PROGRAM “. Who...

read more
Credit Repair And Debt Negotiation Industry Major Shake Up

Credit Repair And Debt Negotiation Industry Major Shake Up

In September 2020 the Australian Government announced its intention that companies offering debt management and credit reporting assistance will be required to hold an Australian Credit Licence. Treasury provided the below summary for the rationale behind this: “An element of the...

read more
Do you want to know how to fix your credit rating?

Do you want to know how to fix your credit rating?

Your credit rating can have a major impact on your ability to live the life of your dreams, but do you even know what it is? Most people don’t learn about their credit rating until it is too late, so in this blog I am going to share: What your credit rating is and how it is the same...

read more
How To Increase Your Net Worth Without Spending A Cent

How To Increase Your Net Worth Without Spending A Cent

In recent blogs I've been talking a lot about investing in your money, but do you invest in your relationships? We can spend a lot of time dreaming about increasing our net worth but do we spend too much time focussing on the wrong set of assets? In today's blog we are going to look...

read more
How You Can Become a Money-Making Machine!

How You Can Become a Money-Making Machine!

In previous blogs I have discussed the importance of setting goals (Check out the blog How to reach your goals faster). Yet are you wondering how you'll ever make enough money to achieve them? Well, this may surprise you... You don't have to have a huge income or win the lottery to...

read more
The Psychology Of Saving and How You Can Beat The System

The Psychology Of Saving and How You Can Beat The System

There's no doubt about it, saving money can be hard work. According to ME Bank, around 48% of us Aussies have less than $10,000 in savings (including savings accounts, term deposits and offset accounts). That includes fewer than 21% that have less than $1,000 in savings. But why is...

read more
Interested in making money while you sleep?

Interested in making money while you sleep?

In the previous blog, we learnt that the worst investment we can make is exchanging our time for money. Instead, if we really want to live the lives of freedom we deserve, we need to pursue opportunities for other streams of income. We need to start making money while we sleep! But...

read more
The worst, and best, investment you can make

The worst, and best, investment you can make

Have you ever wondered what is the best investment to make the most money? Well, there is a simple answer to this question, and it’s not what think! In this blog we are going to take a look at: What is a commodity? and what commodity is worth more than money? How have we all been...

read more
The Biggest Risk in life is ….

The Biggest Risk in life is ….

Failing to accurately assess your personal levels of risk tolerance and risk capacity before throwing yourself into the investment ring can have a significant impact on your investment decisions and subsequent outcomes, yet not many people consider these until it’s too late. In this...

read more
The most important investment decision you will make is…

The most important investment decision you will make is…

Asset allocation is one of the most important decisions that an investor will make for their financial future. If financial freedom is one of your goals (and let's be honest, who doesn't have that as a goal?), then you're going to want to make sure your money is working for you....

read more
How To Reach Your Goals Faster

How To Reach Your Goals Faster

According to studies, a staggering 92% of people fail to achieve their goals. We all have goals and things we want to achieve in our lifetime. But wishful thinking alone won’t get you there. Taking control of your finances and making a plan for your money is the best way to ensure...

read more
What’s a financial plan, and why do you need one?

What’s a financial plan, and why do you need one?

Less than 20% of Australian's have a financial plan, yet it is reported that 63% of people with a written financial plan say they feel financially stable, compared to only 28% of those without a plan. Put simply, a financial plan is an overview of your goals and the steps you need...

read more
Achieving Financial Freedom

Achieving Financial Freedom

Feeling broke sucks, owing money sucks. Isn't it time you stopped simply surviving and started living the dream? Everyone has different dreams, and likewise financial freedom looks different to everyone, but the pathway to financial freedom is pretty consistent. In this blog we are...

read more
How to be Financially Savvy this Christmas

How to be Financially Savvy this Christmas

No one could have predicted 2020, but what we do know is that Christmas will be on the 25th of December. However, there’s no denying that we’ve had bigger things to worry about this year than the coming Christmas period, which is bearing down on us faster than a freight train. So,...

read more
13 Common Myths & Misunderstandings About Bankruptcy

13 Common Myths & Misunderstandings About Bankruptcy

Understandably, no one wants to consider bankruptcy, as it can have an effect on your financial situation for several years. However, most people that file for bankruptcy usually find themselves stronger and more financially stable on the other side of it. Remember that classic...

read more
10 Things You Can Do To Tackle Debt Right Now

10 Things You Can Do To Tackle Debt Right Now

When your debt only seems to increase, living life can become stressful and frustrating, you can’t sleep at night and your relationships are affected. One common emotion is feeling hopeless. You might feel like there’s nothing you can do right now to make progress on clearing your...

read more
10 Good Money Habits You Should Adopt

10 Good Money Habits You Should Adopt

If you’re like more than half the adult population, every year, you make a New Year’s resolution to get your finances in order. That’s a great start, but unless you do things differently from what you’ve done up till now, why should anything change? But if you change your mindset...

read more
How to Budget Like a Boss

How to Budget Like a Boss

Budgets? So boring! If you’re anything like me in the past you’ve written one before and promptly forgot about it or realised it was totally unrealistic and given up before you even got started. But as boring as budgets are, they can be the difference between sharing a can of baked...

read more
How Do Debt Consolidation Loans Work?

How Do Debt Consolidation Loans Work?

If you’re like most people, then you might have a couple (or more) loans that you’re currently paying off at the moment. Paying off more multiple debts at a time is not uncommon. You may have a couple of credit cards and have taken out a loan for a car or home, for example. It’s...

read more
How to Fix a Bad Credit Score

How to Fix a Bad Credit Score

Are you surprised your loan application was declined? Are you having trouble taking out a loan? There is a chance that you might have a bad credit score and this is hurting your ability to get that loan. Your credit score sums up the information in your credit report into one...

read more
10 Warning Signs You Have Debt Problems

10 Warning Signs You Have Debt Problems

Many people know when they’re struggling financially. Intuitively, we feel the pressure of not having enough cash to meet all of our obligations. If you live on a cash basis, you will find yourself with no choice but to stop spending when the money runs out. Credit and debt distort...

read more