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We talk a lot about saving on your mortgage, but what about your savings account?

This is one area of your financial life that can be easily reviewed, and if necessary, tweaked, so you reap higher returns on your interest and save more. .. Continued

The Australian Government has just launched an official complaints body for consumers who feel they have been unfairly treated within the finance sector.

The Australian Financial Complaints Authority (ACFA) is headed by David Locke, and is touted as a ‘one-stop shop’ for financial complaints. .. Continued

New research has found that 78% of Australian borrowers check up on their everyday expenses, while only 54% do the same when it comes to their mortgage.

When speaking to yourmortgage.com.au, Kevin Sherman of myrate.com.au said small changes to fees and interest rates can make a big difference to your total mortgage costs... Continued

In its 2018 Global Wealth Report Credit Suisse found Australia has the highest level of median wealth of any nation – beating out Switzerland for the top spot.

According to the Australian Financial Review, our wealth is driven by high property prices and large superannuation balances... Continued

We’ve been following the Royal Commission into the finance sector closely over the past 12 months, and now reverse mortgages have come under the microscope.

A recent report by ASIC has found reverse mortgage lending standards need big improvements, as right now, they’re not fair to borrowers in their senior years... Continued

RBA governor Philip Lowe has warned Australians that interest rates are likely to increase, while home values may fall.

On the back of this announcement, 3 Big Four banks have hiked variable interest rates... Continued

If you’re considering taking out a personal loan, then we’re glad you’re here. Okay, you might think we’re going to tell you to go for it, after all, we are finance brokers who help people secure loans for a living.

But, a personal loan isn’t always a good idea. Here’s what you need to know, if you’re thinking about taking one out... Continued

The Australian Finance Group (AFG) recently held its first education program for top performing brokers in Australia. Capita General Manager Gill McLean was invited to attend the 3-day conference, which happened in Sydney earlier in September.

Harvard Business School Professor, David J Collis, delivered the course, designed for AFG brokers who are leading growing businesses... Continued

On the back of Royal Commission findings into the Australian finance industry, a class action is being organised against the Big Banks and wealth managers.

The action is being prepared by lawyers Slater & Gordon, and centres on the defendants charging excess fees, as well as paying under market rate on cash holdings for retirement savings accounts... Continued

Most lenders in Australia use a credit scoring system when deciding whether to approve a loan, so good credit is very important.

Credit scoring systems are a broad filter for lenders, which are used to work out whether a loan should be approved. They also identify potential risks, based on a borrower’s past credit behaviour. .. Continued