In the Media
The Value Of Cryptocurrency and Its Commercial Uses
Cryptocurrencies continue to increase in value and popularity today due to a variety of reasons. These factors drive the prices of these digital assets, creating volatility and opportunity for everyone to take advantage of.
But what specifically are these factors that make cryptocurrencies valuable? How are digital currencies used commercially in...
What Is DeFi?
Centralized finance is what you see every day when you conduct bank transactions. From getting loans and paying mortgages to trading stocks and buying bonds, all these activities are regulated and monitored by centralized financial institutions.
This existing system is being challenged by a new technology called DeFi. Its goal is...
The 10 Biggest Cryptocurrencies Today
Interested in investing in cryptocurrencies? Look at the list below to see which of them are the biggest in terms of market capitalization:
1) Bitcoin
Market capitalization: US$ 1 trillion As the first cryptocurrency that’s been created, Bitcoin remains the king of digital currencies. With a market capitalization that surpasses even those of...Is Novated Lease A Good Vehicle Financing Option?
One common option for financing a car is through a vehicle or personal loan. But a more viable option to buy a vehicle is through a novated lease.
What is a Novated Lease?
A novated lease is a vehicle finance benefit provided by an employer, wherein they lease the vehicle on your...
Government Guarantee on Bank Deposits
Before 2012, under the Financial Claims Scheme (FCS), deposits in Authorised Deposit-taking Institutions (ADIs) such as banks, buildings societies, and credit unions were guaranteed by the government up to an amount of $1 million. Under the revised Scheme, the updated permanent cap was reduced to $250,000.
The Australian government guarantees bank...
Greater Bank Offers Home Loan Rates Below 3%
The average interest rate of home loan rates offered by lenders in Australia ranges from 3.09% to 3.99. There are a few institutions which offer lower, with only 2.99% interest, and only a handful provide even lower than this. One of the lowest is from Greater Bank who presents only...
How do pre-existing conditions affect life insurance applications?
Life insurance helps families of the deceased recover from the loss of a loved one. The financial assistance it provides can support the living expenses of those who are left behind.
Getting insured is a highly recommended practice that everyone should consider. However, getting insurance coverage when you are suffering or...
Working with Overseas Clients as a Financial Planner
With the plethora of messaging apps that can connect you with anyone from any part of the world, there’s really no excuse to not get in touch with your clients. Technology has eliminated the communication barriers that used to hinder people from talking with others from overseas.
So, is it possible...
How is Australia’s Balance of Payments Doing?
The Balance of Payments (BOP) is a report that summarizes the transactions that transpired between Australia and the rest of the world. It is a reporting system that contains consolidated accounts where many other financial reports can be broken down and derived. This is generated quarterly by the Australian Bureau...
How the New Child Care Benefits Work
The new Child Care Subsidy (CCS) took effect last July 2, 2018, replacing the Child Care Benefit and Child Care Rebate programs. This new system intends to increase the subsidy given to those on the lower income brackets and make it easier for families to gain access to childcare services....