Dardanup Shire Council has adopted its four-year 2020-21 corporate business plan and budget with a zero per cent rates increase. In addition to the rates freeze, which was in response to economic impacts of the COVID-19 pandemic, the council has not increased its fees and charges. As part of a series of measures put in…
The National Union of Students (NUS) has slammed a federal government proposal which could mean university students who flunk half of their first-year courses lose financial support, in a bid to curb soaring HELP debts. Under the proposal, a student who fails half of their first eight subjects in a degree would lose access to…
A RavnAir Group Dash-8 plane sits on the tarmac at Anchorages international airport. (Ravn Alaska) Alaskas largest rural airline has declared bankruptcy, laid off more than 1,000 workers and is selling off its assets. But the company still wants to split $250,000 in bonuses between its highly-paid chief executive and other employees. In a filing…
University students who flunk half of their first-year subjects could lose financial support under a federal government proposal to curb soaring debts. The government is targeting students who amass debts by over-enrolling in subjects, sometimes at multiple institutions. Universities will have to make greater efforts to assess academic suitability for selected courses and monitor students’…
While Aussie businesses are making small strides towards recovery, new data reveals many continue to struggle with overdue debt. Figures from digital credit agency CreditorWatch released this week show that fewer businesses defaulted on credit last month – Julys default figure was 13% lower than in June. July also saw companies take a shorter time…