4.3m households still paying off Christmas debt

New research from debt management firm Lowell has revealed that on average, it takes families until mid-April (3.8 months) to clear their festive debt. The survey found that 74% of UK families relied on credit cards and Buy-Now-Pay-Later schemes to help cover the cost of Christmas. While some families have the luxury of being able…

Shabby government ploy hides AOFM debt crisis

The publication of the independent review into the Australian Office of Financial Management late on Friday, before the Anzac Day long weekend, is a shabby piece of “taking out the trash” by the Albanese government. It was overkill, given the measured findings of the review conducted by former Reserve Bank of Australia deputy governor Guy…