Predictions are already coming thick and fast about the economic repercussions from the floods in Queensland as well those still damaging towns across Victoria. (more…)
Insurance
Economy flooded with repercussions
Thursday, January 20th, 2011When disaster strikes
Wednesday, January 12th, 2011The heartbreaking stories coming out of Queensland at the moment are enough to make anyone cry.
Not only have so many thousands of people lost everything they own – some have also lost loved ones.
And for many, there was little they could do in terms of being prepared for the latest round of flash floods which are still wreaking havoc.
So can you ever plan for that type of disaster? (more…)
Could you still pay your mortgage if you weren’t working?
Friday, August 13th, 2010When PM Julia Gillard asked the audience in this week’s public forum how many could afford to pay their mortgage if they weren’t working, only a handful of the 200 strong crowd raised their hand….which based on experience, isn’t that surprising.
Because although purchasing a home and taking out a mortgage is often the single biggest financial outlay of a person’s life, not many people stop to consider how they would service a mortgage if they become sick or injured or out of a job.