According to the Financial Services Council (FSC), around 3.4 million Australians lack adequate income protection (IP) coverage[1], a critical componence of life insurance. Income protection replaces part of your income (typically up to 70%) if you’re unable to work due to illness or injury. It helps to cover living expenses like rent, mortgage, groceries and […]
Archives for July 2025
New rules for Buy Now, Pay Later
Big changes have arrived for Buy Now, Pay Later (BNPL) services in Australia, bringing them under the same regulations as credit cards. For those unfamiliar with BNPL, they are payment services (like Zip and Afterpay) that allow people to purchase goods and then pay for them in instalments. Previously, BNPL providers operated outside traditional credit […]