With 2020 filled with many uncertainties, businesses worldwide have been forced to adapt to a new normal. It is crucial for your business to take advantage of these emerging trends as early as possible. Below are 4 business trends to watch out for: 1. Remote work is the new normal Increasingly, businesses are embracing working from home in the long ...

The COVID-19 outbreak has impacted and continues to impact businesses and individuals in a multitude of ways. With unclear economic conditions and the full duration of the pandemic unknown, it has made planning harder than ever. Below are some starting points to consider when looking at business recovery or response: 1. Gaining a clear view of your starting point It ...

You may be worried about what will happen to your family home when you declare bankruptcy. A Bankrupt’s home is not a protected asset under the Bankruptcy Act, meaning that a bankrupt’s interest in any property vests with the Bankruptcy Trustee. This means that the Bankruptcy Trustee can take full control of your interest in the property. However, the family ...

At Debt Free Australia, we are passionate about helping Australians get out of debt and onto a financially secure future. We have been in operation since 2006 and during this time, we have helped thousands of Australians with their financial struggles and we know we can help you too. Here are some other reasons why you can trust DFA with ...

With the impact of COVID-19 is felt on the economy and individuals, the government has placed temporary relief measures, effective from 25 March 2020 to 25 September 2020, to lessen the impact on individuals and businesses. The Government has made a number of changes to the personal insolvency system, including: Temporarily increasing the threshold for the minimum amount of debt ...

Debt consolidation is when you consolidate (i.e. combine) all your debts, such as existing loans, credit card balances and borrowings into a single loan. This means you will only need to make one repayment, one interest and one set of loan fees. What are some benefits of debt consolidation? To secure a lower interest rate. If you have credit cards ...

There are many alternatives to bankruptcy, with a Debt Agreement being one of them. A Debt Agreement is a legally binding agreement you can reach with your creditors if you can no longer afford to repay the debt. The outlines of this agreement can be found under Part IX of the Bankruptcy Act 1966 in Australia. Not everyone can apply ...

Paying off your debts is one of the best options you can make to improve your financial situation. However, it is also one of the biggest financial issues most people struggle with. Paying your debts sometimes may not be easy - especially if you make mistakes along the way. Below are the top 3 mistakes that you should make sure ...