A workforce management company that holds contracts with Telstra, Foxtel and NBN co is being accused of exploiting young trainees overwhelmed by debt and distress. In just seven years, Tandem Corporation has grown to become one of the country’s largest private firms, with an annual turnover of $600 million. If you’ve recently had help…
Pay off your Christmas credit card debt with no interest until 2020. Now that the festive season is well and truly over, many Aussies have kicked off the new year with a whole lotta debt. According to a forecast of Reserve Bank of Australia (RBA) data analysed by finder, Aussies borrowed a collective $29 billion…
CASH-STRAPPED households struggling to make ends meet are about to reach crisis point, warns a charity. Citizens Advice Halton expects the last day in January to be the years busiest day for debt advice. Latest figures reveals that on 31 January, 2017, the charity helped 2,800 people, 30 per cent above the daily average. Citizens…
ADVISORS at Wiltshire Citizens Advice expect January 31 to be the years busiest day for debt advice. They say that people seeking help with their debts generally call for help on the last day of January. Locally, Wiltshire Citizens Advice is expecting 300 people to seek advice on debt this month. Suzanne Wigmore, Chief Officer…
Benzinga is proud to introduce the Benzinga Women’s Wealth Forum, a space where women can learn how to empower themselves through financial technology and be inspired by the stories of powerful women in finance. Ahead of the March 22 event, we’re highlighting the stories of our speakers, some of the leading women in the financial…
Australia’s big four banks have raised $9 billion in the first 10 days of the year, taking advantage of the most favourable conditions in capital markets since the financial crisis. The frantic pace of issuance exceeds the $5.25 billion raised by the major banks in January 2017 as they lock in lower funding costs and…
ADVISORS at Wiltshire Citizens Advice expect January 31 to be the years busiest day for debt advice. They say that people seeking help with their debts generally call for help on the last day of January. Locally, Wiltshire Citizens Advice is expecting 300 people to seek advice on debt this month. Suzanne Wigmore, Chief Officer…
Australians are starting the new year with a spring in their step according to the latest ANZ-Roy Morgan Australian consumer confidence survey. The headline index climbing by 4.7 per cent since from mid-December to 122, the highest since November 2013. The survey showed consumers were optimistic about current and future financial conditions, rising 5.8 per…
Jessica Wright is considering shifting her credit card debt to a balance transfer card with zero interest after a blowout over Christmas plunged the family finances into the red. The Brisbane-based woman is facing a predicament shared by many Australians the nation collectively spent about $30 billion on credit cards in December. Australians spent about $30 billion…
January 10, 2018 Sir, David Pilling draws attention to the overwhelming case for Somalia to receive debt relief (Somalia calls for acceleration of debt forgiveness to help fight terrorism, January 8). Of one thing we can be certain: without a clearance of debt arrears, Somalia will remain trapped in a cycle of drought, poverty and…