There are a number of debt assistance organisations geared towards helping you with financial problems. They are broadly categorised by the following: Bankruptcy companies, including Part 9 Debt Agreements Debt reduction companies or debt negotiators / debt mediators Financial Counsellors Budgeting organisations Each of these services have their own advantages and disadvantages and their services […]

One downfall to renting out an investment property is the capital gains tax (CGT) that will be payable upon the sale of the property. CGT is the tax charged on capital gains that are procured from an asset. You are liable to pay this tax when your capital gains exceed your capital losses in an […]

A little bit of planning can go a long way to minimising your capital gains tax (CGT) bill. Read on to find out tips and traps that may help you minimise the tax you have to pay. A capital gain or loss is the difference between what it cost you to buy a parcel of […]

Credit Repair helps finance brokers write more loans There is a common misconception in broker-world that it is best to show a credit impaired client the door. Many brokers report not wanting to waste time with these clients because they think it’s going to be time consuming to work through their issues. And they also […]

1) Tidy, declutter & repair: Valuers are trained to look through the mess and value the bricks and mortar, but, in my mind, a well presented property will value better. If the valuer is coming this week, you can’t perform miracles but there are still some actions you can take to maximise your valuation. Tidying the […]

There are countless reasons why it pays to use a broker when shopping for your home loan, and even if you want to use your own bank for your mortgage, you can still use a mortgage broker to process paperwork and manage the application on your behalf. But if your heart’s not set on using […]

It’s my view that the Insolvency Industry is very much like the funeral industry, a necessary service that helps all stakeholders transit through the death experience. Recently I have had to pay for a funeral and I realised it costs more to liquidate your business than to die. This should come to no surprise considering […]

Why should you help your client? It’s a good question, many financial specialists have their own problems and don’t want to be tied down with a past client in financial trouble who won’t make them any money. However, it pays to help your client, this is why: Happy clients are happy referral ports for your […]

We split these key methods into a week schedule, here is what we found: Monday: Get on the phone or email, contact past clients and current referral partners, provide them with useful information, and no sales talk or asking for business – become their trusted adviser. Your aim here is building a strong and long-lasting referral […]

The advent of cloud-based accounting systems has proven to be game-changing. But even the cloud itself could pale in comparison to blockchain technology, which is potentially one of the most disruptive technologies to affect the entire business world. CSIRO’s Data61, Australia’s data innovation group, says Australia must be at the forefront of blockchain technology. We […]