HECS reduction: Labor passes student debt cuts

Three million Australians will have their student debt slashed as Labor passed the highly anticipated legislation through parliament. As promised to voters, the Albanese government introduced the HECS debt bill to cut 20 per cent from existing university and TAFE debts as its first order of business last week. It passed the Senate on Thursday…

How to consolidate debt and not get scammed

To find a reputable service, head to the National Foundation for Credit Counseling. It’s a trusted resource for accredited agencies nationwide. GREENSBORO, N.C. — Got debt? You’re not alone. Business Insider estimated the average debt for each North Carolina resident last year. was $96,000+. This number includes mortgages, car loans, student loans, and credit card debt.…

Construction insolvency appointments jump 21 per cent in FY25 to 3595, ASIC figures show

Australian construction-industry insolvencies surged nearly 21 per cent last financial year to a new high, reflecting what the corporate regulator said was a greater use of insolvency appointments by small businesses restructuring debts in a way that would let them keep trading. Figures published by the Australian Securities and Investments Commission on Monday showed economy-wide…

IP versus IP: How does the appointment of a UK Insolvency Practitioner affect a licensee’s Intellectual Property rights? | Global law firm

Overview Many businesses license intellectual property (IP) rights such as copyright from third parties. The licence will give the licensee a contractual right to use the licensor’s IP rights and therefore avoid an infringement of the IP right. Complex issues regarding the protection and realisation of IP rights can arise where a licensor (i.e., the…