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AAMC Training Group

AAMC offers you solutions based training and consulting options. Many Banks, Finance Brokers, Financial Planners, Dealer Groups, Accountants, Real Estate Agents and Insurance Brokers entrust AAMC to train their people with courses available for the whole of the financial services industry. Our consulting services are also popular for those wanting advice on how to improve their business and meet the ever changing regulatory environment. Contact AAMC Training Group today to discuss your current and future needs.

Australian Credit Licence- Transitional Educational Arrangements-

By: admin|

This coverage of the Regulatory Guide is certainly open to much discussions and hopefully Credit Licence holders and their authorised representatives will see the folly in operating in a regulated enviroment without the proper qualifications and education to ensure clients are given the correct professional advice. The delays in requiring Responsible managers and authorised representatives in not

Australian Credit Licence- Authorised Representatives- Training

By: admin|

RG 206.14 – If you are a credit licensee, you must ensure that your representatives are adequately trained and competent to engage in the credit activities authorised by your licence: s47(1)(g). refer to tis obligation as the “representative training” obligation.

RG 206.15 – Generally, ASIC has not set minimum training standards that

Australian Credit Licence- Responsible Managers

By: admin|

 RG 206.5 – At minimum, you need to have responsible managers with at least two years relevant problem-free experience and either;

(a) credit industry qualifications to at least the Certificate IV level: or

(b) another general relevant higher level qualification( e.g. a diploma or university degree).

If you are a mortgage broker, your responsible

Tax and BAS Legislation Change

By: admin|

Tax and BAS Legislation Change –
the Definite Guide

Introduction & Overview

The long-awaited Tax Agent Services legislation has been passed into law, changing the way Tax and BAS agents are regulated. The new Tax Agent Services regime is proposed to start as from 1st of March 2010. All practitioners providing tax agent

Home energy data must be disclosed

By: admin|

From the 1st January 2010 all persons selling or leasing a home in Queensland will require every owner and agent to disclose the property’s water and energy efficiency as well as safety and access details. The sustainability declaration covers 56 points must be supplied and failure to do so will see a

Property Investment

By: admin|

When potential clients wish to become property investors they should follow the basic principles of carrying out their own research before entering into any contract. There are five principal areas where help is available. Too often we see those people investing in real estate without doing their own homework.

Australian National Credit Code update- Financial Planners beware.

By: admin|

Recent code update highlighted the following;

* Common types of credit contracts include personal loans, credit cards, pay-day loans and housing loans to be covered in the inital roll out of the code.

* Common types of lenders include – Banks, Credit Unions, building societies, finance company and vendors offering sales

Australia ranked 6th out of 15 countries for productivity in manufacturing industry.

By: admin|

Recent government survey highlighted the whilst Australian companies where good at performance and operational management, they are less effective at people management. It has also been highlighted in the report that it is a proven fact that the level of education and skills affects management performance and the sad

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