RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Example Interest Rates: Home Loan Variable: 5.38% (6.14%*) • Home Loan Fixed: 5.44% (6.26%*) • Fixed: 5.44% (6.26%*) • Variable: 5.38% (6.14%*) • Investment IO: 5.69% (6.52%*) • Investment PI: 5.49% (5.98%*)

We Need Better Scam Education

News is reporting on yet another person led into a fraudulent transactions. The MO is typical and often involves gift cards (nobody will ever ask you to buy a gift card). We need supermarket counter staff to be better educated (they'd spot the scam in a second if they know what they are looking for), we need Virtual (VoIP) Mobile numbers flagged when they originate offshore, better inbound scammer ID (Apple is still a few years behind), and better overall consumer education. Further, we need a team of commandos to hunt these crooked charlatans and throw them into the same human meat grinder used for the boneheads that sell leads.

As brokers, we have a responsibility to educate those that lean on us for all types of monetary advice. Make your social count!

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