5 Things to Consider When Preparing a Will

Oct 20, 2020 10:48:22 AM

Most people don’t like to think about making a Will or what will happen when they pass. But an effective Will is an important legal document that needs serious consideration. Without a Will, your assets will be distributed according to state law, which may not be in line with your wishes. So that you understand the importance of a Will and how to write one, take a look at these 5 things to consider when preparing a Will.


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Topics: Financial Health, Health and Wellbeing, COVID-19

What Budget 20–21 Means For You

Oct 19, 2020 10:51:55 AM

Earlier this month, the Federal Government handed down the 2020/2021 budget, which outlined a range of measures designed to get the economy moving again post-COVID-19. Amongst those measures announced were new write-offs for businesses and an additional 10,000 places in the First Home Loan Deposit Scheme, good news for many Australians. Below are some of the key measures of the 20-21 budget and what these might mean for you.


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Topics: Financial Health, Health and Wellbeing, COVID-19

Protect Yourself From Cyber-Attacks

Oct 7, 2020 11:22:49 AM

A surge in cyber-attacks, particularly in the financial sector, has been attributed to the recent shift to remote working and digital banking in response to the COVID-19 crisis. While most financial institutions have developed “good cyber risk awareness and mitigation measures”, it’s a timely reminder for anyone accessing online services just how important it is to be aware of cyber-safety. Here’s how you can protect yourself from cyber-attacks.


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Topics: Financial Health, Health and Wellbeing, COVID-19

How Creditworthy Are You?

Oct 6, 2020 11:17:13 AM

Every time you apply for credit, spend using credit, or make (or miss) a repayment on a loan or a utility bill, you influence your credit score. In turn, your credit score is used by lenders to determine whether or not to give you more credit. That’s why keeping a good credit score is so important. It can mean the difference between an approval or a decline next time you apply for a loan. So, when did you last check your credit score? And do you know how creditworthy you are?


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Topics: Debt Consolidation, Financial Health, Home Loans

Getting a Mortgage in a Post-COVID Australia

Jul 17, 2020 2:33:00 PM

In the wake of COVID-19, banks have changed the way they interact with customers, including how they do lending. A number of key innovations include things like online mortgage applications, video calls instead of face to face meetings, and electronic documentation rather than the usual paper-based option. Find out here how obtaining a mortgage has changed in recent months and what you can expect when you apply for your next home loan.


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Topics: Financial Health, COVID-19, Buying and Selling Property

What Happens When Your Mortgage Repayment Deferral Ends?

Jul 14, 2020 1:57:13 PM

Thousands of Australian mortgage holders took up the offer of a mortgage repayment deferral when the COVID-19 pandemic hit in March 2020. Since then, banks have deferred approx. 780,000 Home Loans, totaling a massive $236Bn. The big question now is what happens to those mortgages when the six-month deferral was meant to run out in September this year?


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Topics: Financial Health, Refinancing, COVID-19

5 Tips for Tax Time

Jun 18, 2020 9:02:00 AM

With Financial Year End just around the corner, it’s a good time to start preparing for tax time. If you worked from home during the COVID-19 pandemic, there are some tax deductible expenses you may be able to claim. Tax concessions for small businesses have also changed so it’s important you understand these. Here are 5 handy tips to help you prepare for tax time.


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Topics: Property Investment, Financial Health

Five Survival Tips for the Way Ahead

May 25, 2020 11:19:08 AM

As life in Australia slowly returns to normal – or at least to the “new normal” – having conquered the first wave of COVID-19, there does appear to be some light at the end of the tunnel. Businesses are opening up again and our economy is slowly reviving. While we have a long way to go on our road to recovery, in a post Coronavirus world there are a few things we may need to do differently. Here are 5 tips for the way ahead that will see you not only survive but thrive.


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Topics: Financial Health, Health and Wellbeing, COVID-19

Government’s Loan Guarantee Scheme

May 25, 2020 11:13:34 AM

The Australian Government’s Coronavirus SME Guarantee Scheme is set to help small and medium sized businesses impacted by COVID-19 with new initiatives and investment. The Government will be guaranteeing 50 per cent of new unsecured loans up to $250,000 . What’s more, with non-bank lenders like Prospa on board, business owners could have access to lending much faster.


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Topics: Mortgage Broker, Financial Health, COVID-19

Getting Your Finances Back on Track

May 14, 2020 1:19:52 PM

For many Australian homeowners financially impacted by COVID-19, pushing pause on mortgage repayments has been a helpful option. For others, extending their loan term or reducing repayments has provided some much-needed financial and personal relief. But as we start to see an improvement in the current situation – and some definite “light at the end of the tunnel” – now is a great time to reassess your financial situation and put in place some plans to get back on track financially.


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Topics: Mortgage Broker, Financial Health, COVID-19