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$75 Free Kick Thanks To Nick Xenophon

$75 Free Kick Thanks To Nick Xenophon

It’s not a permanent solution to the problem of high power bills, but it’s better than nothing: pensioners are set to get a $75 cheque for the Government.  The House of Representatives has adjourned until the May Budget but the Federal government has been continuing to negotiate with the Senate over company tax cuts. Senator Nick Xenophon had supported a tax cut for companies with a turno... read more>
The Flood Victim’s Guide to Dealing with Insurance Claims

The Flood Victim’s Guide to Dealing with Insurance Claims

In June last year, Camden south-west of Sydney was inundated by flood water. While businesses struggled to clean up and get going again, insurers argued over the difference between stormwater or creek flooding. Insurance Australia Group (IAG) determined it would cover businesses for only centimetres of the loss.  One affected business owner, Ted Rixon of Alted Printing said at the time “I’ve... read more>
Loyalty schemes - Retailers Get More From Them Than You Do

Loyalty schemes - Retailers Get More From Them Than You Do

How many loyalty cards do you have in your wallet? If you’re like me you probably have so many your wallet won’t close. I tried switching to the StoCard app to store the information in my iPhone but I’ve even had enough of this as well.  There are more than three times as many loyalty cards as there are credit cards in Australia, analysis from comparison website Finder.com.au suggests. There... read more>
Understanding How Reverse Mortgages Work

Understanding How Reverse Mortgages Work

At the FiftyUp Club, we encourage members to reach out to us and to each other when we’re faced with the same issues. I received the following email from member Helen (pictured):  "Hi Kayley, "I had no savings for over 6yrs then sold my house and moved into a retirement unit so I could have some funds as I was sick of having nothing.  "Turns out this was not a wise move! It  freed ... read more>
Energy companies on notice as the ACCC moves in

Energy companies on notice as the ACCC moves in

Finally, the pollies in Canberra are listening to what our members and other Australians have been saying for a decade: power bills are far too high.  PRIME Minister Malcolm Turnbull announced this week an Australian Competition and Consumer Commission’s (ACCC) review of retail electricity prices because the markets don’t appear to be operating as effectively as they could be. The Prime M... read more>