Official government updates, policy changes, financial news, and community discussions about Centrelink and welfare benefits.
Is anyone here a former St George bank personal loan customer that was transferred over to Resimac and is now being hounded for a payment they weren’t aware they owed? I thought my loan concluded in May this year, yet Resimac are claiming I owe them $300+. I can see funds were taken out monthly via my bank statement and I’ve repeatedly asked for e
From the channel @Australia-Tomorrow, all their content... Australia's mortgage crisis is here and it's worse than anyone wants to admit. Across the country, mortgage stress has reached catastrophic levels with 1.6 million households at risk and nearly 1 million in extreme stress. Property prices that soared during the pandemic boom are now colla
Hi all, I've been thinking lately that I really need an extended period of time (possibly up to a year or maybe more) taking a break from working for health reasons (physical and mental) and hopefully feel motivated again at the end of it which I've been lacking for a long time. I know a break like this will set me back a fair bit but I really fee
I set up an ATO payment plan through an accountant as they stated with 95% confidence I could claim back the interest. I then changed accountants as they were a family accountant and the new accountant kind of scoffed and stated that this isn't necessarily the case but I could claim the tax on the interest. Was looking for personal experiences of
Hi everyone, I have bought a land 350m2 in southeast melbourne in one of the new estates. Now the decision is around what to build on that either i can build a 23 squares single story or a 34 squares double. Family income around 230 PA renting currently. I am planning to pay down 15% for single story is costing around 770K. Double story around 94
Has anyone asked / negotiated with their employer to get weekly contributions as opposed to the standard quarterly lump sum payment? submitted by /u/Ocean-Housing-829 [link] [comments]
I recently heard about the government scheme that allegedly "helps" first-home buyers by paying 30-40% of their home, requiring only a minimum of 2% from the buyer. My banker friend said it's a trap because you're not allowed to exceed the income threshold, there are no installment payments, you can't refinance, and you'll be charged ridiculous int
Hi All, Logged into my computershare account and cannot find the option to swap from DRP over to payment. Does anyone know what happened? submitted by /u/Guru_238 [link] [comments]
I'm in the unfortunate position of not being able to return to work due to a chronic health condition and will be making a TPD claim. Last year I successfully applied for income protection and it was approved. I have another year until it runs out. I have $300k TPD as part of the insurance through AustralianSuper underwritten by TAL who have been
This is the approval that we have finalizing through the broker. We do not have an actual property we have secured yet. This is what we’re about to sign off on before we land on a place. These are the numbers that they have presented to us. What I’m asking for specifically is below- It’s the conveyancing and the transfers and the lender fees
There was an initial US$100 charged with description “Bill payment (via att) Dallas USA” The app flagged this and I blocked the card straight away. But somehow there were further transactions amounting to nearly $1000 made with the same description on the new card which I obviously had not activated as yet. I called and spoke with the bank and
How to increase credit score from 1067 to 1200 (equifax) and 896 to 1000 (experian)? I have no: - negative events - missed payments Credit file age: 16 years first time poster :) submitted by /u/samuraiparty [link] [comments]
A person wants to buy a house worth 750k and the sell a house worth 700k. They have 350k in savings but they are on the DSP. The loan can entirely be paid off by the sale of the house and their savings. A broker told them there is only one lender that would be willing to offer them a bridging loan but on top of the interest payments, they will
Can anyone say whether it would have been beneficial to wait for the 20% reduction before submitting my tax return? If the payments I’ve made automatically for the past FY aren’t actually paid until the tax return is submitted, then It’d be better to wait for higher reduction. Would probably have to pay extra if interest for the late filing but c
Desperately need some financial advice on this. TLDR; 2 broke young adults, wanting to get a cheap loan of $1000 to pay of as quick as possible to support us over holiday period. Have considered wallet wizard? We have basic Understanding of repayments, and the excess cost that these schemes gain from people taking loans. For very important/relev
Hi brains, I need to replace some faulty plumbing at my IP. I will need to increase my loan on the IP to pay for it. Can I then deduct both the cost of the repairs, and the increased interest payments? TIA (Edit: Its a genuine repair. I dont know if anyone here has experienced Iplex polybutylene pipes yet - but they are defective as shit - even t
Hi this is my first time refinancing. The new lender has approved everything and is waiting for my original lender to "accept settlement invites", but my original lender is taking their time saying it might take till next year to settle everything..this is despite me lodging discharge request last week.. Is there any recourse to this other than
Gday I’m 24 and from Sydney Up til Jan 2024 I had a really good credit score of around 800 Just out out interest I check it again with equifax last night and realised it has dropped to 267 After looking at the credit report I realised it was from a financial institution called Brighte. Basically my mother wanted solar on our house early last
Has Zip Pay introduced a $2.5 bpay payment fee? I have a $1000 limit account. And have been using zip pay to boat my ato tax for years and never had this fee. Is it new or am I doing something wrong? submitted by /u/TheGuru441 [link] [comments]