Tips and Tools For Moneysmart Rookies Posted on August 20, 2013July 12, 2016 by Michael Duncan Young Australians can avoid common ‘rookie errors’ when they make first time financial decisions thanks to MoneySmart Rookie – a new national initiative from the Australian Securities and Investments Commission (ASIC). Michael Duncan 10 August 2013 – Failing To Make Loan Repayments Case Study Breaching consumer protections can be a costly business!