AFSA has recently released updated insolvency statistics showing that in the March 2020 quarter, personal insolvencies rose by 4.0% when compared to the previous quarter. Capital City Stats There were rises in all capital cities except for Greater Perth, Greater Darwin and the Australian Capital Territory. New personal insolvencies in regions outside capital cities fell… Read more

It’s always nice to have over-estimated, right?  Well, no. What happened?   A recent announcement by the Government has advised of an accounting error in relation to the number of businesses claiming the JobKeeper payment.  It has been put down to the ATO relying of business-owners to accurately input their own claim data.  Confusion during the… Read more

Caronavirus or COVID-19 has thrown the entire world into chaos.  Whilst we are all attempting to adhere to social distancing in order to flatten the curve, there is also the financial chaos which needs to be dealt with. Have you been stood down / laid off / had your income reduced? If you are one… Read more

Get your Debt under Control You want to navigate to a Balance Transfer Credit Card to pay off your debt during that helpful interest free period, but you’re unclear on how it works. What mistakes could you accidently make? Don’t worry. We’re here to help. Here are some top tips to save you interest costs… Read more

Twice a year, the Indexed Amounts are updated.  “What are Indexed Amounts?”  I hear you ask?? Well!  These are the limits applicable to certain aspects under The Bankruptcy Act, such as; The amount of income you earn whilst Bankrupt, before being required to make contributions to your bankrupted debts; The limits applicable to the value… Read more

This blog title may sound familiar as it is another ‘Buy Now Pay Later’ Credit scheme; No, we haven’t written about ZipPay before, but we have written about its sister AfterPay and whether or not the ‘modern day lay-by’ is helpful or harmful. What did we decide? Read the blog to find out. And what do… Read more

No one likes being stressed about debt on a credit card. Most of us have multiple credit cards too. In fact, recent stats from Finder show that around 25% of Australians have two credit cards and 20% have three or more. All these multiple credit cards, means multiple amounts of stress. At Life After Debt,… Read more

Have you ever stopped for a moment to assess your life? Are you well prepared for a long, happy, healthy and financially abundant future? If not, it may be a good idea to take a life check. With so many of us living day to day, it’s easy to lose sight of the big picture…. Read more

Is 2019 the year in which you achieve financial freedom? What’s your debt elimination plan?  Are you tired of having a dark financial cloud hanging over you? Is 2019 the year in which you finally wave goodbye to debt, once and for all? While borrowing money can often feel like a ‘helping hand’ in times of need,… Read more

2019 is fast approaching – scary, right?! We know what you’re all thinking… “Where has the time gone?” Well, whether we like it or not, 2019 is nearly upon us. And after a tumultuous 2018 in Australian property, some of you are likely wondering whether the market will turn a corner in 2019? Economists have… Read more