The belief in an “implicit guarantee” from the Chinese government on debt is a big problem, said a finance professor on Monday. “I’m concerned with what a lot of people believe, [that] the government is going to take care of investment losses. Under that impression, they are going to take up lot of leverage because…
Keystarts new chief executive Paul Graham hopes to expand the business by finding new and innovative ways to help more West Australians realise the dream of owning their home. Keystart is a State Government agency that provides residential loans to customers who satisfy rigorous serviceability criteria, but do not have enough initial savings for a…
Losing an hour of sleep for daylight saving time on Sunday morning likely wouldn’t have been as painful if Kansans and most Americans weren’t already in “sleep debt.” A new study from mattress review site Sleepopolis shows that you are probably owed some sleep. … Read the full article at: http://www.kansas.com/news/state/article204573254.html
QUEENSLAND’s new mandatory farm debt mediation program has seen 33 cases initiated in the first six months of the programs operation. The cases represent a broad cross section of farming industries and 18 local government areas. Administered by the Queensland Rural and Industry Development Authority (QRIDA), the program aims to protect the interests of both…
Updated 1 hour ago Chad Godfroy has saved every email from the U.S. Department of Education since submitting an application to have his federal student loans cancelled in 2015. Despite the continued wait, Godfroy, 38, took comfort in knowing his payments would be postponed as long as his claim was under consideration. He was elated…
MICHELLE OSullivan didnt hesitate when she was offered the chance to reduce her HECS debt and stay in the country town she calls home. The director at Mathoura Preschool was the recipient of an incentive scholarship that gives $9000 to early childhood educators to help with education costs. Originally from Geelong, Michelle has worked at…
MICHELLE OSullivan didnt hesitate when she was offered the chance to reduce her HECS debt and stay in the country town she calls home. The director at Mathoura Preschool was the recipient of an incentive scholarship that gives $9000 to early childhood educators to help with education costs. Originally from Geelong, Michelle has worked at…
Desperate Queenslanders are reaching out for help after struggling to pay mounting phone and internet bills. More than 137 lawyers, social workers, financial counsellors, NGO workers and professionals were surveyed as part of a report to be released by the Telecommunications Industry Ombudsman and Community Legal Centres Queensland on Friday. Almost half of Queensland’s community…
BANKS owed more than $3.5 billion by Wiggins Island Coal Export Terminal have rejected its latest proposal to change its debt repayment agreement. It is understood the Gladstone facility’s 19 lenders knocked back a proposal for a five-year extension to the September deadline to repay or restructure WICET’s $3.75 billion debt, sending the company back to…
In 2017, the Monetary Authority of Singapore introduced a new financial instrument called debt consolidation plan (DCP) to help consumers rein in their bloating debt problem. Essentially, this was meant to help individual borrowers combine their high interest loans into one that could be gradually managed down over 1 to 10 years. But, it also…