Australia’s household debt is among the world’s highest, and according to the Australian Securities and Investments Commission (ASIC) we owe more than $30 billion on our credit cards alone. Today, the Australian Bankers Association (ABA) outlined its strengthened code of conduct, and there’s a big focus on credit cards, including proposed changes to unsolicited…
People with outstanding university student debt can expect to pay their loans back sooner, as part of a shake up of the higher education sector that was revealed in todays Mid year Economic and Fiscal Outlook (MYEFO). (MYEFO is basically a mini-budget that outlines the governments spending priorities and gives us a snapshot of where…
Arguments over the income level when repayments start have a while to run yet. The federal government’s 2017 Budget included a proposal to lower the income level at which university students have to start paying off their HELP debt to $42,000. That was a controversial idea, in part because $42,000 is only 20% above the…
Lower debt, smaller deficits and savings to help deliver room for personal income tax cuts are set to be revealed by Scott Morrison in a Budget update today. The Treasurer will show that total debt owed by the Federal Government will be $23 billion lower by 2020-21 on the back of a slightly stronger economy…
Treasurer Scott Morrison is expected to reveal an improved budget bottom line when he hands down his mid-year review today, gaining a revenue windfall from a buoyant jobs market. Economists expect the 2017/18 budget deficit could be about $3 billion smaller at some $26 billion for the 2017/18 financial year compared to the $29.4 billion…
Sean Pyles, NerdWallet Published 7:00 a.m. ET Dec. 17, 2017 CLOSE Americans credit card debt has just hit a disturbing record of $1.02 trillion according to the federal reserve. Buzz60 A debt ball and chain attached to a bear trap.(Photo: Getty Images) Paying off debt in the new year is a common resolution. But resolving…
This weeks question to South Florida CEOs who are on the Miami Herald CEO Roundtable: You have a valued employee who has gotten so deeply in debt that it is affecting his/her work. How do you handle it? === … Read the full article at: http://www.miamiherald.com/news/business/biz-monday/article189914174.html
Kristen Brennan hands lunch to Elias Gomez, a sixth grader at Suffern Middle School May 11, 2017. Relaxing of federal school lunch guidelines by Agriculture Secretary Sonny Perdue will allow schools to serve foods such as white bread, as opposed to whole grain bread only, and low fat flavored milks as opposed to only fat…
DALLAS, Dec. 15, 2017 /PRNewswire/ — Top 10 Jungle, a leading provider of slick digital content and online reviews, released its 2018 Debt Consolidation Reviews earlier this week. The debt consolidation industry offers solutions to combine multiple debts, such as credit card bills, home loans, or other loans into one monthly payment. … Read the…
Aerion Corp. plans to sell as much as $200 million in debt as it teams up with Lockheed Martin Corp. to build a private jet that flies faster than the speed of sound. Its the first time Aerion, backed by Texas billionaire Robert Bass, has sought outside financing for its AS2 supersonic jet, a project…