Scott Morrison

What does it mean?

This means that the financial activities that you have taken while living in Australia – whether you have paid your mortgage loan promptly, whether you have paid the utilities bill and your credit card usage, are recorded and your bank account On the government check.

If you have a good credit history, you can ask for a better interest rate when you apply for a loan with a bank.

If your credit history is unqualified, huh, huh, you may have to say goodbye to your loan …

Maybe you will ask, do you need to approve the credit history now?

The amount is indeed the same, but the credit record now is determined by the bank itself whether to report to the government. Banks do not want to report, how much to report, you can decide for yourself.

So the government is not satisfied!

Previously your bank data did not meet the requirements! Either it is not comprehensive, or is such as the applicant loan default such “negative information”!

So from next year, the government requires all banks to submit user credit records, but also a more detailed credit record! Let the Big Four banks provide 50% of user credit record data by July 2018 and report all the data by mid-2019.

In other words, buy a car in Australia to apply for a loan, will be more stringent.

So, when will the big four banks start reporting?

It is reported that NAB will start reporting the credit records of all users from February 2018; Westpac joined the scheme from mid-2018, but the time of reporting is unclear; Commonwealth Bank will report from the end of 2018; ANZ from 2018 Six months began to report.

So, if your personal or business account is in a mess, you can get “organized.”

Can see that the social life in Australia is very focused on the ‘credit’ evaluation.

Before a small ticket, a phone bill, a large mortgage loans, and credit have a direct relationship. In the credit rating system, the two are not the same size. Everyone living in Australia, have a credit report of their own.

So what is written in the credit report? Let’s chat today.

What is a credit report?

Credit report for our Chinese is a bit far away, what exactly is it? To put it plainly, a person’s Credit Report in Australia, in fact, our “files” in the country, a man of a material, lifetime acts in this material to follow you. However, China’s archives and Australia’s credit record only in the form of similar, the content is essentially different.
The file records information about your work, study materials and political profile, while the credit report records your consumption, default and commercial activity. In Australia, the credit history records a person’s financial behavior. Whenever you apply for a credit card, home loan, or mortgage loan, these agencies first check your credit history to see if your application should be approved.

Who will keep your credit report?

In Australia, the government empowers three large commercial companies to keep and evaluate our credit ratings. The three companies are: Veda Advantage, Dun & Bradstreet and Experian.

After consulting with Veda and Dun & Bradstreet, the largest players in the market, Little Micro has learned that nearly 5,000 enterprises in Australia use their services, including government agencies such as the Australian Department of Immigration, the Inland Revenue Department and the Ministry of Communications Banks, energy companies and telecommunications service providers. These agencies submit their bad credit records to Veda, which are collectively held and evaluated by Veda.

What is the information recorded in the credit report?

Since the content of the credit history is a person’s financial behavior in the past, then what is the content? In fact, very simple, for example, you signed a cell phone from Telstra or Vodafone, or use a credit card to spend, or use your name to open the home electricity bill and network, in the above consumer behavior, you for some reason Arrears, then these arrears of ‘black history’ will likely be recorded in your personal credit history. For individuals, in addition to your personal birthday, address and passport information, these records include:

Credit application

2. Authorized Agent Inquiries authorized intermediary

Current Credit Providers Current credit provider

4. Overdue Accounts arrears accounts

If you receive a credit card payment, loan or communications, bills of living, unpaid debts due more than 5 days after the deadline for payment will be treated as ‘Overdue’, the record will be from the deadline Two days counting, is kept in your credit report for 2 years.

If your arrears exceed AUD 150 and are delayed for more than 60 days, they will be considered “default” and the record will remain in your credit report for a period of 5 years from the date of recording.

For example, after Optus signed a cell phone, Xiao A landed a bill of layperson for some reason before the expiration of the contract. On the 61st day after the debts were generated, Optus will send his small Invoice number and default time And the amount to Veda, Veda will write down the arrears to his bad credit history after verifying Small A’s ID number and date of birth.

Credit records are searchable

Under the laws of the Commonwealth of Australia, you may obtain your personal credit rating information for free from the above three credit management companies. The government requires these companies to send you 10 working days. Now, these companies support e-mail services, can help you save mail time.

When you receive your credit report and you find that you have a bad credit history, do not just look for online brokers who do not have legal credentials and who are likely to be fraudsters. The right thing to do is contact those institutions that submitted your bad credit history, such as contacting banks or telecommunications companies, paying off your debts and asking them to contact a credit rating agency such as Veda to change the status of the debt.

Bad credit record of life impact?

Poor credit history will affect your life in Australia to varying degrees. For daily contracted cell phone business services, bad credit history, will result in your application failed.

At the same time, poor credit records will affect credit card applications such as bank credit business, will also affect the housing loans, vehicle loan applications. So, the sooner you start checking your credit reports, the sooner you start fixing your own records and the better you can prepare for the future.

Coupled with the fact that the government now forces banks to submit your credit report, no matter how long you come to Australia, you have to pay every pen bill carefully and take every Direct Debit seriously. Do not leave bad records.

South Melbourne – Gravity project apartment existing homes, call now you can make reservations,

Please call 03 9666 3363

Project Introduction

Project Name: Gravity (gravity tower)

Location: South Melbourne, (South Melbourne)

Address: 91 Montagus Street

Type: Apartment

Room type: 1 room 1 guard, 2 room 1 guard, 2 room 2 guard

Supporting: fine decoration

Property: Freehold

Developer: Blue Earth Group

👉 Gravity project is located in the prime of South Melbourne, with its elegance and vitality, and is close to the Yarra River, overlooking the harbor of Port Melbourne. Compared to the city center, only 1 km away, the more tranquil and busy White-collar people love the land.

👉Gravity project launched by Australia’s BlueStar Group, the top developer of all awards, as a string of colorful pearls embedded in Port Philip Bay. Occupy the out-of-print coastal resources at the same time with the superior and perfect living environment blending.

Regional presentation

South Melbourne, located about 2 km south of Melbourne, is historically known as Emerald Hill, one of Melbourne’s foremost municipal districts and Melbourne’s oldest suburb. Many parts of the area also retain the Victorian-style streetscapes and buildings.

Shopping in everyday life, the most unique is the South Melbourne market. South Melbourne Market is one of Melbourne’s three largest traditional markets. There is a wide range of food, handicrafts, and daily necessities. Various cultural events are regularly held to attract many tourists.

As a rule, many people in Melbourne are reminded of the world famous Virgin, but which one is the best in Melbourne is definitely not the South Melbourne market for South Melbounre Market.

We can say that we can meet all the needs of your life in Melbourne, but the South Melbourne market can satisfy all your dreams of living in Melbourne!

Food, shopping, leisure

This has never been more than a market

Here you can find:

Fresh fruits and vegetables

Fresh and cheap luxury seafood

Aptus Seafood – LOCATION: DELI AISLE

Stuffed and delicious seafood risotto

Simply Spanish – LOCATION: CECIL STREET

Mellow coffee

Padre Coffee – LOCATION: DELI AISLE

Delicate and elegant life, immediately open

The South Melbourne market described above is a small epitome of the entire South Melbourne lifestyle. Now, the most enjoyable life in Melbourne’s south is just around the corner! Because the Gravity project is located right in the heart of South Melboune, the convenience of living is within easy reach.

This 29-story modern building, crafted using the latest technology, has direct access to Melbourne transportation hubs, trams, trains and cars that take you directly to any corner of the city. Within walking distance of DFO, the country’s most popular shopping mall, and Crown Casino, the largest entertainment complex in the southern hemisphere, there is plenty to eat and drink nearby.

The whole building with a full range of lighting layout, with good sound insulation, allowing you to enjoy the bustling city convenience while enjoying the rural peace.

In education, the excellent location makes Gravity close to the world’s best universities. The world’s top 50 Melbourne universities, the locally acclaimed RMIT Royal Polytechnic University, Mac. Robertson Girls High School and the Melbourne Women’s Grammar School are all easily accessible by tram.

shopping:

South Melbourne Bazaar 850 meters

South Melbourne Coles large supermarket 1.5 km

DFO factory shop 800 meters

Leisure:

Yarra River Walk 800 meters

Crown Casino 1.2 km

Southgate Shopping and Leisure Center 2 km

Albert Park Golf Course is 3.5 km away

education:

Port Melbourne Elementary School 2.1 km

Albert Park Elementary School 2.1 km

The Mac. Robertson Girls’ high School Public High School Girls, 2.5 km (The # 1 High School Entrance Exam)

Albert Park Middle School 2.6 km (3rd in the Victorian Public School this year)

Melbourne University 4 km, 15 minutes by light tram

Royal Institute of Technology 4 km, 15 mins ride by tram

Medical:

Within 5 km, Melbourne Hospital, Royal Melbourne Children’s Hospital and The Alfred Hospital are within 15 minutes’ drive of three prominent public hospitals.

This building not only provides you with comfortable living conditions but also has a unique appreciation of the future space.

The entire Gravity split design, the bottom of the commercial shops, parking spaces on the first floor 1-5, apartment apartments 6-28 floors, 29 public housing facilities for residents, including residents, including libraries, cafes, restaurants, gyms, Open-air grill and other recreational facilities. Give you the most high-end living enjoyment.

Open-air theater

Open-air spa

Private dining room

city park

Riverside & Bay

Four scenes in one, at Gravity

Buy Now, Enjoy Now

Southwest real shot to the apartment landscape

East: East View Royal Botanic Gardens green grass, the magnificent sports experience Melbourne’s famous sports area.

South: South View Albert Park lakes and mountains, enjoy Melbourne’s most beautiful natural scenery.

West: West Port Philip Bay invincible sea view, Lan make clear clear blue sky.

North: North Look downtown skyscrapers and Binhai New Area, with Melbourne’s most famous shopping centers and first-class educational resources.

High-end quality, warm living

The project uses a simple interior design, reasonable layout and lighting to your livable living experience.

Real shot real map is the most beautiful description:

Bright living room, simple and elegant kitchen

Floor-to-ceiling windows with exclusive Port Melbourne sea view

Setting sun, both after the warm and cozy

Huxing recommended

One room and one bathroom

$ 440,000

Two bedrooms two Wei a parking space

All day bright sunny landscape room

600,000

Platinum Realty Investment Group to outstanding one-stop real estate service system and rich real estate information resources occupy the leading position in the industry. Since the founding of the company, uphold the professional, honest, “always stand on the customer point of” service concept, has been recognized by numerous guests, as the industry’s outstanding salespersons. As a real estate company renowned for its attention to detail and customer satisfaction, we are committed to maximizing ROI for all our customers with the least amount of effort. Our company has more than 60 professional investment consultants, tailored to your needs according to customer needs, risk tolerance, investment goals and investment for your best tailored