> Month: November 2017 | Better Choice


How superannuation’s blindspot for gig economy workers is setting many up for a fall

November 30, 2017

A rising number of self-employed people are failing to contribute to their own superannuation creating weaker coverage in Australia’s $2 trillion retirement income system, which has seen its score slip from last year’s world rankings. The Melbourne Mercer Global Pension Index, released on Monday, shows Australia maintained third place, behind Denmark and The Netherlands with […]


APRA eager to wind back lending curbs

November 28, 2017

Speed limits on investor lending and other macro-prudential measures were always intended as a “temporary” solution, according to APRA chairman Wayne Byres.   Macro-prudential measures were introduced in 2015 as a response to growing fears that the Australian mortgage market was becoming imbalanced. Little indication has been given since then about how long these constraints […]


How to save hundreds on gifts this Christmas

November 27, 2017

It’s eight weeks until Christmas and shoppers are understandably concerned about how much they’ll be contributing to the annual $48 billion Chrissy spend. Here’s the problem – household budgets are in lockdown mode and presents ain’t cheap. Australians are spending less because they’re concerned interest rates will start rising soon, making their personal chunk of Australia’s record-high mortgage debt even more daunting. […]


The simple household jobs we don’t know how to do anymore….

November 27, 2017

The simple household jobs we don’t know how to do anymore….Question: How many Millennials does it take to change a light bulb? Answer: None – that’s what outsourcing is for. OK, so that’s a gross generalisation, but if statistics are to be believed, the joke is not that far from the truth. A recent survey, […]


‘Svengali’ snags two banks, Amex and an AFL footballer

November 26, 2017

Westpac, ANZ, American Express and an AFL footballer – this case, which came across our desk just the other day, certainly entangles some interesting folk. It centres on the prosecution of one Rodney Goullet who, in the words of Judge Michael McInerney, was a “Svengali-like figure who manipulated financial institutions”. “The naiveté of that investment is […]


Forgotten but not gone: Australia’s creepiest abandoned buildings

November 13, 2017

once thriving theatre filled with lights and music is now silent and dark, its velvet curtain rotting and the ornate ceiling covered in filth. A department store where thousands of shoppers came to browse is now empty but for a few broken mannequins and motionless escalators. Hundreds of prison cells plastered with posters, letters and […]


How to repair your bad credit file.

November 9, 2017

Your Credit file….. it gives most anxiety thinking of it! An unpaid Doctor’s bill that’s being sent to your old address, has you thinking you might not pay it.  That’s a little “win” for you – or is it? You might get out of paying your doctor’s bill, but that doctor is probably going to […]


One third of mortgages have little or no buffer

November 7, 2017

ONE in three home loan customers are leaving themselves with little to no buffer on their repayments despite interest rates resting at historical lows. The Reserve Bank of Australia has today released its biannual Financial Stability Review and has revealed one third of mortgages have less than one months’ buffer. Despite this many other borrowers […]

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