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Financial Updates
Comprehensive Credit Reporting
Posted on: 07 June, 2018
Are you ready for comprehensive credit reporting? From 1st July 2018, all of Australia's big banks are required to provide more information about their customers' spending and saving habits. This allows lenders to see a more detailed account of your credit history, both positive and negative.
While.....
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Category: Editorial, Financial Updates, Debt Tips
Australia's Household Debt Hits Record High – and Still Climbing
Posted on: 22 May, 2018
Australia's household debt-to-income ratio now exceeds 200 percent, making it one of the highest in the developed world. This means that the average Australian family owes more than twice as much in debt as it earns from wages and other sources of income.
Total consumer debt is now around $2.47 mil.....
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Category: Financial Updates
Our Financial Advice for Young Adults
Posted on: 20 September, 2016
When it comes to money, what’s the best way to teach children how to manage it, and save for the future?
Whether you’re still in school, studying at university, or building your career, anyone who starts out an independent life controlling their own finances may think that the future is a long way .....
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Category: Financial Updates