AFG training and events pivot during COVID-19

As the COVID-19 crisis began to unfold, AFG’s Learning and Development (L&D) and Events programs switched direction to meet the vital learning and development requirements of the AFG broker network. Supporting brokers with up to date information and ensuring they can maintain their professional development requirements in a virtual world – including attaining CPD points […]

AFG transitions to digital solution to support brokers and their clients

As the impacts of the COVID-19 pandemic continue to take hold, AFG has rolled out a digital offering to help brokers overcome some of the challenges disrupting business operations. AFG Head of Sales and Distribution Chris Slater explained the move: “With this ever changing and fast-moving environment the verification of identity (VOI) and ‘knowing your […]

SMEs using the ATO like a “bank” – what your clients need to know

As of the February 21 2020, the ATO will disclose tax debts over $100,000 that are overdue by more than 90 days to Credit Reporting Bureaus (CRB). Business owners historically have used the ATO as a “bank” by not paying their tax commitments on time, rather than utilise their own capital or commercial working capital […]

Low interest rates and property market recovery drive record home loan activity

Home loan activity has rebounded strongly in the September quarter, with interest rate cuts and an active property market driving record mortgage volume, according to the AFG Index released today. The Index – acknowledged as a reliable barometer of quarterly home loan activity across Australia – revealed a record $15.7 billion in lodgements in the […]

RBA cash rate unchanged at 1%

The Reserve Bank of Australia has decided to leave the official cash rate unchanged at 1% as it awaits fresh economic data to allow it to assess the impact of its June and July cuts. In making this decision not to drop rates again the RBA will have considered some early evidence of an improving […]

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