General Advice Warning
This warning outlines our regulatory status under Australian financial services law and explains why information on AussieSpot must not be treated as personal financial advice.
General Advice Warning (Australian Law)
The information and calculation tools contained on this website are general in nature and do not take into account your personal objectives, financial situation, or needs. Because of this, you should, before acting on any information or calculation output, consider the appropriateness of the information having regard to your personal objectives, financial situation, and needs.
Factual & General Advice Only
All calculator outputs, projections, and scenarios on AussieSpot are general information and mathematical models. They do not constitute personal financial advice.
Personal Circumstances Excluded
Our tools do not evaluate your unique financial objectives, spending habits, credit profile, health status, or risk tolerance before displaying calculations.
Review PDS & TMD Documents
Before making any financial decision or acquiring a financial product, always read the relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD).
Consult an AFSL Licensee
For financial advice tailored to your personal situation, seek guidance from an authorized representative of an Australian Financial Services Licensee (AFSL).
1. Regulatory Status & Scope
AussieSpot (https://aussiespot.com) provides financial calculation tools, calculators, and educational content. AussieSpot is not an Australian Financial Services Licensee (AFSL) and is not an authorized representative of an AFSL holder under the Corporations Act 2001 (Cth).
Our calculators provide factual information and mathematical simulations in accordance with Australian Securities and Investments Commission (ASIC) Regulatory Guide 244 (RG 244: Giving information, general advice and personal advice).
2. General Advice vs. Personal Financial Advice
In Australia, financial advice is classified into two distinct categories:
General Advice (What AussieSpot Provides)
Calculations based solely on standard mathematical formulas and statutory benchmarks without assessing your personal financial position, goals, debt obligations, family dependencies, or tax status.
Personal Advice (What You Must Seek Individually)
Recommendations tailored to your individual objectives and financial situation, provided by licensed financial planners (AFSL holders) following comprehensive Fact Find disclosures.
3. Product Disclosure Statements (PDS) & Target Market Determinations (TMD)
If you decide to apply for any financial product referenced on our website (such as a residential home loan, superannuation fund, term deposit, or insurance policy):
- You should obtain and read the relevant Product Disclosure Statement (PDS) issued by the financial institution.
- You should review the Target Market Determination (TMD) to ensure the product is designed for your demographic and financial needs.
- Compare terms, fees, interest rates, exit clauses, and eligibility requirements directly with the product issuer.
4. Need Tailored Advice?
To find licensed professionals who can evaluate your personal circumstances, consider checking:
- ASIC Financial Advisers Register â Verify whether an adviser is licensed under an AFSL.
- Tax Practitioners Board (TPB) Register â Verify registered tax and BAS agents.