Salvation Army data released during Anti-Poverty Week shows debt is climbing – Bellingen Courier Sun

More and more Australians are falling into the vicious cycle of debt according to research released by The Salvation Army. The data shows that those on the brink of financial crisis have accrued $2.55 of debt for every dollar earned. Thats a debt-to-income ratio of 255 per cent. Comparatively, the average Australian household has a debt-to-income ratio…

New Zealand election: Jacinda Ardern is indebted to Winston Peters and he won’t let her forget it – ABC Online

Jacinda Ardern has pulled off an amazing feat with the help of one of New Zealand’s most unpredictable political warhorses. In just three months, the 37-year-old has taken Labour from an unwinnable election position to the throne of government, in the process, becoming the country’s youngest prime minister since the 1800s. For that, she…