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Could you flick Netflix? ASIC updates responsible lending guidance

Could you say goodbye to Netflix to take out a loan? That’s one example corporate watchdog ASIC has included in its responsible lending update.

Article by Scarlett Financial Team
Banks ‘too cautious’ on SME loans: financial regulators

The country's top financial regulators are concerned banks are ‘too cautious’ when it comes to loans for small business borrowers.

Article by Scarlett Financial Team
Shares vs Property: the pros and cons breakdown

NRL vs AFL. Neighbours vs Home & Away. Gas vs charcoal grill. We Aussies are no strangers to a heated debate. And that extends to the shares vs property discussion.

Article by Scarlett Financial Team
Govt moves to free-up lending for SMEs

SMEs are set to have better access to finance, with the Australian government making two key moves this month to free-up lending to small business operators.

Article by Scarlett Financial Team
Caps for new first home buyer scheme revealed

The property price caps in each state have been revealed for the federal government’s new first home buyer scheme. Read on to find out the maximum value of a property...

Article by Scarlett Financial Team
Are you a spender or a saver?

Are you paid weekly, fortnightly or monthly? New research indicates that how often you’re paid has a pretty big bearing on whether you’re a saver or a spender.

Article by Scarlett Financial Team
Crunch time: tax debts can now be reported by ATO to credit agencies

Got a large, overdue tax debt with the Australian Tax Office (ATO)? Then best listen up, because certain tax debt information can now be reported to credit reporting bureaus (CRBs).

Article by Scarlett Financial Team
Frustrating bank habit triggers probe into home loan pricing

You know that infuriating habit the big banks have of failing to pass on the RBA’s cash rate cuts in full? Well, it’s finally triggered the federal government to order...

Article by Scarlett Financial Team
7 ways you can use a reverse mortgage

Got retirement on your radar? A reverse mortgage can help you improve your standard of living during your golden years. Today we’ll look at how some Aussies are using them.

Article by Scarlett Financial Team
SMEs need more support from lenders to grow: RBA

The ‘pendulum may have swung a bit too far’ when it comes to the tight lending standards currently imposed on small businesses, says the Reserve Bank of Australia (RBA).

Article by Scarlett Financial Team