It will soon become easier for Australians with student loan debt to get a mortgage after Treasurer Jim Chalmers instructed the prudential regulator to relax how HECS was treated when banks conducted mortgage serviceability tests. Under the responsible lending rules, banks are currently required to take a prospective homeowner’s student loan debt into account when…
Tech billionaire Elon Musk, who has been tapped by President Donald Trump to lead federal cost-cutting efforts, said Tuesday that the United States would go “bankrupt” without budget cuts. Musk leads the efforts under the newly created Department of Government Efficiency (DOGE), and was speaking at the White House with Trump, who has in recent…
Sabra Lane: One of the major barriers for young people borrowing to buy a house is going to be overhaul. The Federal Government’s told the banks to ignore student debts when weighing up whether to grant would-be homeowners a mortgage. It’s a boost for first home buyers as housing shapes up as a key election…
Musk: US to go bankrupt without cuts baha news Read the original article here
Kolkata: Amid the three major concerns of debt, revenue and expenditure management, West Bengal Minister of State for Finance (independent charge) Chandrima Bhattacharya will present the state budget for the financial year 2025-26 in the state Assembly on Wednesday. As per figures of the state finance department, the total accumulated debt for West Bengal as…
‘It’s not optional, it’s essential’: Elon Musk warns US will go ‘bankrupt’ without cuts MSN Read the original article here
Musk, with Trump at White House, says US will go ‘bankrupt’ without cuts Inquirer.net Read the original article here
Elon Musk has warned that the United States will go “bankrupt” without drastic budget cuts, as he leads the charge to slash federal spending under President Donald Trump‘s administration.Speaking at the White House on Tuesday alongside Trump, the tech billionaire emphasised that reducing government expenses is not just an option but a necessity.“It’s not optional,”…
Tech billionaire Elon Musk, who has been tapped by President Donald Trump to lead federal cost-cutting efforts, said Tuesday that the United States would go “bankrupt” without budget cuts. Musk leads the efforts under the newly created Department of Government Efficiency (DOGE), and was speaking at the White House with Trump, who has in recent…
Musk, with Trump at White House, says US will go ‘bankrupt’ without cuts Shelbynews Read the original article here