How are NFTs taxed in Australia?

If you’ve transacted with NFTs in any way - bought, sold, gifted, traded, exchanged for cryptocurrency - you must declare all transactions and any capital gains or losses as part of your income tax return.

What type of loan is right for your business? Check out January's top personal loans

Despite the current borrowing downturn, there are still plenty of competitive personal loans available to support your financial needs, such as in business. Deciding between a business loan and a personal loan requires careful consideration.

How do you file a car insurance claim?

If you are involved in an accident, your priority, whether or not you’re responsible, is to collect as much information as possible, including when and where the incident occurred and details of the other car and driver. These details must then be reported to your insurer.

How much is car insurance likely to cost me?

The amount you'll pay in car insurance costs can depend on the level of coverage you want as well as the car you drive, your age and and driving history.

How can I check if my car insurance policy is active?

Driving a car with an expired insurance policy can result in hefty fines. Consider checking the expiry date on your car registration details or policy documents and comparing new car insurance quotes.

Can I qualify for a joint home loan if my partner has bad credit?

If you or your partner have bad credit, lenders could potentially reject your joint application on the basis that both applicants are equally liable for the debt, so the overall level of risk must be assessed.

Do first-time home loan applicants qualify for tax benefits?

If you’re a first-time home buyer applying for a home loan, you could qualify for some tax deductions. For example, in some states and territories may be entitled to full exemptions or concessions on stamp duty. Read on to find out what else you might be eligible to receive.

Can I get a discounted student car loan?

Banks don't offer student car loans. Given that you're unlikely to have built up enough of a credit history to warrant an excellent credit score, you may be able to secure a low interest car loan if you apply for a guarantor loan.

Can you sign up to multiple BNPL platforms?

Given the lack of regulation surrounding BNPL, you may be able to open multiple accounts with different providers. However, this may not be a sensible practice as it might be difficult to keep track of all your debts and you could miss payments, potentially resulting in late fees and charges.

How long does it take to open a bank account?

The advent of technology means you could have a new bank account up and running in just a few minutes. However, it may take days to receive your bank card in the mail. Additionally, some accounts require a lengthier processing time before they're activated.