Editor’s note: After this story was published, the federal government proposed to change the HECS-HELP indexation rate to match whichever is lower out of the Consumer Price Index (CPI) or the Wage Price Index (WPI). If passed by parliament, the revised indexation rates would be backdated to June 1, 2023, and loan amounts would be…
Mar 17, 2024 10:00 AM IST Bruno Mars owes millions to MGM casino for hefty poker debts, risking long-term partnership: Report Bruno Mars is renowned for lighting up the stage, but recent reports alleging a staggering $50 million gambling debt at the MGM Grand have fans buzzing for a different reason. In 2016, the singer-songwriter…
Australians in their 20s have HECS/HELP debts more than $10,000 greater in real terms than did people 20 years ago HECS/HELP no longer operates as it was supposed to. What was intended to be a modest contribution to the cost of higher education repaid once you earned nearly 90% of average earnings is now saddling…
Jackie Olden can pinpoint the troubling origin of her mum’s gambling addiction. “She was the kind of person who’d go to one shop where milk was a penny cheaper and another where bread was cheaper,” Olden recalls. “This [gambling] would never have entered her head.” But in 2008, her mother, Wendy Hughes, 64, took a job…
The financial year doesn’t end for another two months, but there’s a closer deadline many people with university debts are dreading: June 1. On June 1, all unpaid HECS/HELP debts will automatically increase when indexation is applied. If you’ve got a higher education debt, here’s what you need to know. But if you’re not familiar…
MGM Resorts came to Bruno Mars‘ defense on Monday after rumors circulated about the Grammy winner’s debt with the casino. In the last week, a report from NewsNation made claims that Mars had racked up over $50 million in gambling debt at MGM. They cited an anonymous source close to the situation that said Mars allegedly…
Varsha Yaiman is 21 years old and already has more than $35,000 in debt. Not on a house, or a car, but a student loan. Four years into her double arts/law degree, Yaiman said she and her peers find the future “truly terrifying”. She’s among millions of Australians with student loans that will be hit…
Report: Bruno Mars Has $50M Gambling Debt With MGM The Action Network Read the original article here
Higher-than-expected inflation figures released today aren’t just bad news for home- and business owners banking on an early interest rate cut; they’re concerning for the more than 2.9 million Australians with student debt. The consumer price index (CPI) determines how much HECS-HELP and all other student debt increase under the annual indexation that takes place…
March Madness is kicking into high gear this week, and concern over problem gambling is also top of mind. More Americans are betting on sports than ever before, since the legalization of online sports betting in nearly 40 states. U.S. adults are expected to make nearly $3 billion in legal bets on NCAA basketball games…