Posts by paul flakus
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Residential Care : Reform in Aged Care
The government announced in October 2022 that residential aged care facilities would be moving to a new funding model called Australian National Aged Care Classification, or AN-ACC. AN-ACC is designed to align funding […]
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AFCA : Record 97,000 complaints taken to financial ombudsman in 2022-23
Consumers in dispute with financial firms lodged a record 96,987 complaints with the Australian Financial Complaints Authority (AFCA) in the past 12 months, an unprecedented rise of 34 per cent […]
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Cash-Back Incentives Are Ending
Skyrocketing refinancing has made cash-back incentives an expensive exercise for the banks. Recently, the big banks have been raising interest rates for new borrowers in addition to the standard RBA […]