Jodie Humphries

Unconditional Approval: What is it & can you be denied after approval?

You can start house shopping with a conditional home loan, but you’ll only receive the funds after you get final unconditional home loan approval.

All you need to know about new for old contents insurance

Content insurance covers the household items and personal belongings in your home in case they are lost, damaged, or stolen. If you own your house, it’s possible to couple your home or building insurance with your contents policy, which is often cheaper than taking out two separate policies.

Can I get a home loan without my spouse?

If you’re part of a couple, it’s often easier to get a home loan with your partner because you can pool your incomes and assets. But if you’re partnered and wish to buy alone, applying for a loan without your spouse may still be possible. 

What is underinsurance, and how to avoid it?

If you are an Australian homeowner, your home insurance policy might not have adequate coverage to make good the damage to your home and possessions during an unforeseen event.

Can I transfer someone else's credit card balance to mine?

If you want to help out someone struggling with high-cost credit card debt, you may want to take on the responsibility of repaying the balance. Although not common, some card companies allow you to transfer debt from another person. Find out more about the transfer of credit card balance.

Do I need to buy home insurance before closing on a property?

Having adequate home insurance can help manage risks from unforeseen events like floods, bushfires and other natural calamities. But if you’re purchasing a property, you need to know when the responsibility for property damage shifts between the seller and the buyer to make sure there’s no gap in coverage at any time. 

What happens when a term deposit matures?

A term deposit is a popular option for people who want to park their cash and earn some interest. When the term deposit matures, you have a choice about what to do next.

What is withholding tax on a savings account?

If you earn interest on your savings, it may be taxable, just like your wages. Your bank may withhold - or deduct - tax when paying out your interest.

How can I claim unpaid superannuation contributions from my employer?

If your employer isn’t contributing to your super fund as required, you can report them to the Australia Taxation Office.

Does home insurance cover natural disasters?

Do you live in a disaster-prone area and wonder if you have adequate home insurance against natural disasters? Whether it’s against floods or bushfire, your home insurance policy must cover you against the risk of natural disasters.