Queenslanders bet over $56b last year, but less than one per cent of that went to preventing further harm

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The Queensland government made $1.9 billion in gambling taxes last year, but only spent 0.6 per cent on harm minimisation programs. A damning Queensland Audit Office report has taken aim at the state government’s “inadequate” harm reduction strategies. The report, tabled in state parliament, has revealed Queensland gamblers spent $56.4 billion in the 2022-23 financial…

3 reasons to pursue debt relief this May

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By pursuing debt relief you can start eliminating mounting debt this May.  Getty Images Prices are rising. That’s not only true for consumer goods and services, it’s also true in terms of the cost of borrowing money. And, if you have debt with variable interest rates – like credit cards and some other loans – you…

Rise in ‘deeply concerning’ complaints about banks not helping people in financial hardship

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In short: Complaints about how banks handle financial distress rose 25 per cent last year, the Australian Financial Complaints Authority (AFCA) said. More than half of the complaints were about a lender’s failure to respond to a request for help — a breach of national codes. What’s next? The Australian Securities and Investments Commission (ASIC) is conducting…