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Finance Articles

Debt Management 101: Essential Tips for Millennials in Australia
Debt Management 101: Essential Tips for Millennials in Australia
Managing debt is a crucial aspect of financial health, especially for millennials in Australia. With student loans, credit cards, and personal loans, it's easy to feel overwhelmed by the debt landscape. However, understanding your options and making informed decisions can set you on the path to financial freedom. - read more
Debt-to-Income Ratio: Fine-tuning Your Finances for Loan Approval
Debt-to-Income Ratio: Fine-tuning Your Finances for Loan Approval
When you embark on the journey of securing a loan, one pivotal factor that looms large in the eyes of lenders is your debt-to-income ratio, commonly known as DTI. This crucial metric measures the chunk of your monthly income that goes towards paying debts, and it serves as a barometer for financial stability. A lower DTI can swing the doors wide open to favorable loan terms, while a higher one might signal red flags for potential lenders. - read more
A Comprehensive Guide to Debt Consolidation: Tips for Australian Borrowers
A Comprehensive Guide to Debt Consolidation: Tips for Australian Borrowers
Welcome to your comprehensive guide to debt consolidation. If you have been feeling overwhelmed by multiple debts, this guide will provide valuable insights into how you can simplify your financial obligations. - read more

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

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Finance News

Cigno Australia and BSF Solutions Penalised for Unlawful Payday Lending Practices
Cigno Australia and BSF Solutions Penalised for Unlawful Payday Lending Practices
09 May 2026: Paige Estritori
The Federal Court has imposed a $7 million fine on Cigno Australia and BSF Solutions for operating an illegal payday lending scheme that contravened Australian credit laws. Each company received a $3 million penalty, while their respective directors, Mark Swanepoel and Brenton Harrison, were fined $500,000 each. - read more
OnDeck Enhances Lightning Loan Offering for Small Businesses
OnDeck Enhances Lightning Loan Offering for Small Businesses
09 May 2026: Paige Estritori
OnDeck, a prominent non-bank lender, has announced an increase in the maximum loan amount for its Lightning Loan product, raising the cap from $175,000 to $200,000. This enhancement is designed to meet the growing demand from small and medium-sized enterprises (SMEs) seeking swift access to capital. - read more
Commonwealth Bank Plans Additional Job Reductions
Commonwealth Bank Plans Additional Job Reductions
01 May 2026: Paige Estritori
The Commonwealth Bank of Australia (CBA) has announced plans for further job reductions as part of its ongoing efforts to streamline operations and adapt to current market conditions. This decision follows a previous round of redundancies, leaving employees facing continued uncertainty. - read more