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Concerns that the Home Equity Access Scheme from Centrelink is a “no-go area” for advisers are unfounded, according to the corporate regulator, which has given guidance that planners do not need a credit license to give advice on the scheme.
The corporate regulator has issued new guidance regarding the provision of advice on Centrelink's home equity access scheme. The Australian Securities and Investments Commission (ASIC) has confirmed
Key points On almost every economic measure – including economic growth, jobs growth and debt levels – Australia’s recovery is leading the world. More Australians are in work than ever before and the unemployment rate has fallen to just 4 per cent, the lowest in 48 years. According to the Reserve Bank, wages growth is also picking up. We know the ability to get a job, and keep