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info@nuvorentzia.com
+61261420570
Smart Financial Planning Tools
Wollongong Campus

Privacy Policy

Last Updated: March 15, 2025

Information We Collect

At nuvorentzia, we're transparent about what information we gather and why. We collect different types of data to provide you with personalised budget optimization services and educational content tailored to your financial goals.

Personal Information

When you register for our courses or use our budgeting tools, we collect basic details like your name, email address, phone number, and location within Australia. We also ask about your current financial situation and budgeting goals to customize our recommendations.

We only collect information that directly helps us serve you better. No unnecessary data gathering, no hidden collection methods.

Financial Information

Our budget optimization tools may request information about your income ranges, expense categories, and financial objectives. This data remains encrypted and helps our algorithms suggest personalized strategies. We never store specific account numbers or bank details.

Technical Data

Like most educational platforms, we automatically collect certain technical information when you visit our site. This includes your IP address, browser type, device information, and how you interact with our learning materials.

How We Use Your Data

Every piece of information we collect serves a specific purpose in delivering quality financial education and budget optimization services.

  • Creating personalized learning paths based on your financial knowledge level
  • Sending relevant course updates and educational content via email
  • Improving our budgeting tools and educational materials
  • Providing customer support when you need assistance
  • Analyzing website usage to enhance user experience
  • Complying with Australian financial services regulations where applicable

We don't sell your information to advertisers or use it for purposes unrelated to our educational mission. Your financial data specifically helps our system suggest budget categories and optimization strategies that match your situation.

When We Share Your Information

We keep your information private and only share it in specific, limited circumstances that benefit your experience or meet legal requirements.

Sharing Scenario Information Shared Purpose
Service Providers Contact details, usage data Email delivery, cloud hosting, analytics
Legal Requirements As required by Australian law Compliance, court orders, investigations
Business Transfer All collected data Merger, acquisition, or asset sale

We never share your personal financial information with marketing companies or unrelated third parties. Our service providers sign strict confidentiality agreements and can only use your data for the specific services they provide to us.

Your Privacy Rights Under Australian Law

As an Australian resident, you have comprehensive rights regarding your personal information under the Privacy Act 1988 and Australian Privacy Principles.

Access Your Data

Request a copy of all personal information we hold about you, including how we collected it and how we use it.

Correct Information

Update or fix any incorrect or incomplete personal details in your account or our records.

Delete Your Account

Request complete removal of your personal information, subject to any legal retention requirements.

Restrict Processing

Limit how we use your information while we investigate any concerns you raise about data accuracy.

Data Portability

Receive your personal data in a structured format to transfer to another service provider.

Object to Processing

Opt out of certain types of data processing, including marketing communications.

How to Exercise Your Rights

To make any privacy-related request, email us at privacy@nuvorentzia.com with your full name and account details. We'll respond within 30 days and may need to verify your identity before processing certain requests. There's no charge for most requests, though we may apply reasonable fees for excessive or repetitive demands.

How We Protect Your Information

Security isn't just a checkbox for us—it's built into every aspect of how we handle your data. We use industry-standard protections and regularly update our security measures.

Technical Safeguards

  • SSL encryption for all data transmission between your device and our servers
  • Advanced firewall protection and intrusion detection systems
  • Regular security audits and penetration testing by independent experts
  • Encrypted storage for sensitive information including financial data
  • Secure backup systems with geographic redundancy

Administrative Controls

Our team follows strict access controls—employees can only view information necessary for their specific role. We conduct background checks on staff with data access and provide regular privacy training. All data handling activities are logged and monitored.

Despite our best efforts, no online system is 100% secure. We recommend using strong passwords and keeping your account information confidential.

Data Retention Periods

We don't keep your information indefinitely. Our retention schedule balances your privacy with practical needs and legal requirements.

Active Account Data

While your account remains active, we retain your profile information, course progress, and budgeting tool data to provide continuity in your learning experience. You can delete specific information anytime through your account settings.

Inactive Accounts

If you don't log in for 24 months, we'll send reminders to your registered email. After 36 months of inactivity, we automatically delete non-essential data while retaining basic records for tax and regulatory compliance.

Financial Records

Transaction records and payment information are kept for seven years as required by Australian taxation law. Personal financial data from our budgeting tools is deleted within 12 months of account closure unless you request earlier removal.

International Data Transfers

While nuvorentzia operates primarily within Australia, some of our technology providers may process your data overseas. We ensure appropriate protections are in place for any international transfers.

Approved Destinations

We only transfer data to countries with adequate privacy protection as determined by the Australian Privacy Commissioner, or to providers with binding corporate rules that meet Australian standards.

Transfer Safeguards

All international transfers include contractual protections requiring overseas providers to maintain the same privacy standards we follow in Australia. We regularly audit these arrangements and can provide specific details upon request.

Cookies and Tracking Technologies

We use cookies and similar technologies to enhance your browsing experience and understand how our educational content performs. You have control over these technologies.

Essential Cookies

These cookies are necessary for basic website functionality, including maintaining your login session and remembering your course progress. You can't disable these through our cookie settings, but your browser may allow you to block them.

Analytics and Performance

We track website usage patterns to improve our educational content and identify technical issues. This data is aggregated and doesn't identify individual users. You can opt out of analytics tracking in your account preferences.

Personalization Features

These optional cookies remember your preferences for content display and suggested learning paths. Disabling them won't affect core functionality but may reduce the personalized experience we can provide.

Privacy Questions and Contact Information

We're committed to addressing your privacy concerns promptly and thoroughly. Whether you have questions about our practices, want to exercise your rights, or need help with account settings, we're here to help.

Privacy Officer

privacy@nuvorentzia.com
Response time: Within 48 hours

General Inquiries

info@nuvorentzia.com
+61 2 6142 0570

Postal Address

Wollongong College
Foleys Road
Wollongong, NSW 2500

If you're not satisfied with our response to your privacy concern, you can lodge a complaint with the Office of the Australian Information Commissioner at oaic.gov.au or call 1300 363 992.