This article is more than 2 years old. Some information may no longer be current. Cash-strapped Aussies are turning to gambling as a ‘quick fix’ as expenses spiral out of control, according to new research by Finder. A Finder survey of 1,110 respondents revealed almost 1 in 5 Australians (18%) have increased their gambling habit…
The increased indexation of HELP debt is bigger than the repayments of those earning below $59,000 The Australia Institute Read the original article here
When the Higher Education Contribution Scheme (HECS) student loan program was introduced in 1989, fewer than 8 per cent of Australians had a university degree and graduates could expect to establish well-paid careers. Key points: Women say they are frustrated by the HELP debt system and feel disadvantaged Women hold the majority of all student debt…
Media event date: 10 November 2022 Date published: 10 November 2022 Media type: Media release A doctor or nurse practitioner who lives and works in the most remote parts of Australia will have their HELP debt wiped under legislation being introduced by the Albanese Government today. The legislation introduces the incentive for doctors and nurse…
GAMBLING is a significant public health issue globally and particularly in Australia, which has the highest rates of gambling expenditure per capita in the world. Analyses of official statistics were produced most recently for the 2017–18 financial year, when Australians lost $25 billion (summary table D) across products including electronic gaming machines ($12.7 billion), casinos…
GAMBLING is a significant public health issue globally and particularly in Australia, which has the highest rates of gambling expenditure per capita in the world. Analyses of official statistics were produced most recently for the 2017–18 financial year, when Australians lost $25 billion (summary table D) across products including electronic gaming machines ($12.7 billion), casinos…
Know you’re not alone If you’re feeling stressed and anxious about your finances, worried about unpaid bills, or overwhelmed by your debts, you’re not alone. The recent Money and Mental Health Social Research Report confirms people experiencing financial challenges are at least twice as likely to encounter mental health issues as those who are not,…
The first day I walked into a bookmaker, I felt a rush of excitement tingle through my body. An hour later, I was £60 down. But despite walking out riddled with shame, I couldn’t forget the exhilarating experience of the bookies. From then on, I constantly looked for my next gambling fix. I was raised…
Consolidation of debt on loans involves the consolidation of both large and small debt into one debt. This combination allows the debtor to repay the consumer, mortgage, and other loans in one place. This is very convenient, especially for the debtor. Why is Loan Consolidation Most Beneficial for the Debtor? Having completed the consolidation of…
BANGKOK, Sept 28 (Reuters) – Thailand’s central bank said on Tuesday it planned to introduce debt consolidation measures to help reduce interest rates on consumer loans for retail debtors, as the country suffers its most protracted coronavirus outbreak so far. The move is viewed as more useful than cutting the rate ceiling of those loans,…