Most councils fail to meet Eskom debt-relief conditions

Only 10 of the 63 municipalities that are part of the Eskom debt-relief programme are complying with its requirements. This was revealed in the auditor-general’s 2023/24 local government audit report, which said 53 (84%) of the municipalities are not complying with the requirements.  The AG described the financial health of municipalities as again being in…

Labor under fire over HECS/HELP debt indexation

Aussies keen to see their student loan debts cut by 20 per cent as promised by Labor in the federal election may not be so happy when they check their accounts. Since Sunday, students with HELP or HECS loans would have seen their debts increase by 3.2 per cent as indexation kicked in. Indexation serves…

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