Can I get car insurance after an accident?

You are able to get car insurance after an accident. However, the policy you purchase will  only cover you for future accidents, not for the accident you were just involved in. In this instance, if you were the at-fault driver you'll be responsible for all related damages.

Do mortgage brokers need a consumer credit license?

In Australia, mortgage brokers do need a credit licence to operate as they are defined by law as being credit service or assistance providers, meaning that they help borrowers connect with lenders.

Can foreigners open a bank account in Australia?

Opening a bank account in Australia is a relatively simple process which can be started by comparing the different types of bank accounts foreigners can open in Australia. Once you’ve found a bank account that suits your needs, you can start the application process.

Can I open a bank account in another country?

Offshore banking by Australians is entirely possible. It could be for overseas investment, higher interest-earning potential or to access foreign banking services. The process for opening an offshore bank account may differ depending on the financial institution and country in which you’re opening the account.

Interested in equities investment? Check out December's top personal loans

Personal investment loans - also known as margin loans - could be helpful when considering equities investments. Margin loans offer a way to invest in the stock market by borrowing money from a lender for the purpose of buying shares.

Save for new year buys with some of the best savings accounts in December 2022

Are you searching for a savings account to grow your money in the hopes of making a few new year purchases? Perhaps you’re looking to renovate your property, buy a new electric car, take a summer vacation or invest in green funds.

Can I drive a new car without insurance?

In most states, you’re required to have your compulsory third party insurance completed and paid for before you drive the car off the dealership’s lot. The only time you can possibly legally drive an uninsured car is when you have to get the vehicle registered.

What happens if my employer goes out of business while still owing me superannuation?

In the event that your employer collapses, a trustee, administrator or liquidator will be appointed to manage the company. That trustee/administrator/liquidator will be required to pay your superannuation out of company funds. However, there may be some circumstances where you cannot recover unpaid super.

How to open a superannuation account?

Most people open their first superannuation account when they enter into the workforce. This may be as a full-time, part-time or casual employee or as contractor or sole trader (self-employed). Generally, you can nominate a super fund of your choosing.

Is superannuation included in taxable income?

Superannuation (super) is a compulsory savings scheme. You do not need to report the super you’re paid when lodging your tax return each financial year. In order to understand why super is not considered taxable income, you’ll need to realise your tax obligations.