Are you losing sleep because of financial concerns?

Are you losing sleep because of financial concerns?

Are you losing sleep because of financial concerns? Australia has one of the largest household debt-to-income ratios in the world. A report I recently read quoted the country’s debt-to-income ratio at 180%, meaning that for every $100 in income, the average Australian household owes...

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If your planning to buy property you need to read this first

If your planning to buy property you need to read this first

LOOKING FOR AN ESCAPE PLAN? 7 STEPS FOR MAKING IT WORK   Are you one of the millions of people in lock down in NSW or Victoria, feeling trapped in a small apartment with rowdy kids, or with housemates that are driving you crazy? Fed up with the uncertainty? Well, you’re not...

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How a car loan affects your credit score

How a car loan affects your credit score

How a car loan affects your credit score   If you are looking for a new car and you are looking to finance it, a question that  might occur is : does getting a car loan affect your credit score? It is definitely worth asking and finding information about is it is a long term...

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Bankruptcy Due to Lockdown

Bankruptcy Due to Lockdown

Bankruptcy Due to Lockdown There’s no denying that the extended COVID-19 lockdowns being imposed, initially in Melbourne and Sydney, and now more regionally in NSW, thanks to the emergence of the highly infectious delta variant, are starting to bite. While this measure is integral...

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Can I get finance if I have a bad credit score?

Can I get finance if I have a bad credit score?

Can I get finance if I have a bad credit score? With a recent report stating that almost 1 in 4 people in Australia having some form of an adverse listing on their credit report, it’s not surprising that we are commonly asked if someone can get approved for finance with a bad credit...

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Is Australia looking at a property lending crackdown?

Is Australia looking at a property lending crackdown?

Is Australia looking at a property lending crackdown? Right now property prices are growing ten times faster than wages, with Australian’s taking on more and more debt. This is naturally making our regulators nervous, and increasingly we are seeing the following news headlines....

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Low interest rates – are they good or bad?

Low interest rates – are they good or bad?

Low interest rates – are they good or bad? A worldwide pandemic like COVID-19 will always dominate the news, however, there are many other hot topics that regularly make news headlines. In recent times think Olympics, elections, natural disasters, the royal family shenanigans –...

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Australia’s best ranked state economy is….

Australia’s best ranked state economy is….

Australia's Best Ranked State Economy Is.....   Over the past week the scorecards have been out, not just at the Olympics in Japan, but here at home - ranking the best, and worse, state economies in Australia. Our friends from CommSec have been busy crunching the numbers,...

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What You Can Benefit From Banks: Relief During Lockdown

What You Can Benefit From Banks: Relief During Lockdown

What You Can Benefit from the Banks: Relief During Lockdown.   The good news about the lockdown restrictions is that Australia's banks have presented extra assistance to affected clients. CBA, the largest bank in the country, has stretched out its foreclosure moratorium. The...

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Additional new credit reporting changes July 2022

Additional new credit reporting changes July 2022

New credit reporting changes July 2022 and what it means for Aussies   From July 2022 next year new credit reporting rules will come into effect that will change what is shown on your credit report, especially when it comes to hardship repayments FBC is here to cover the...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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....

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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...

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