Laos is in serious economic trouble. The developing South-East Asian country borrowed big — mainly from China through the Belt and Road Initiative — to fund an ambitious infrastructure program. With the goal of becoming the region’s “battery”, it built about 80 hydropower dams on the Mekong River and its tributaries. But the revenue from…
Breadcrumb Trail Links Columnists Take a step back, regroup, and adjust your goals to fit your current circumstances. Published Aug 19, 2024 • Last updated 1 hour ago • 5 minute read You can save this article by registering for free here. Or sign-in if you have an account. Consider setting a goal to pay off…
Student loans can reduce your home loan borrowing power, but not in the way you may expect. More than three million Australians have HECS university debts or similar government-supported study loans, with the average loan worth about $26,500. But as home prices rise and saving for a home deposit gets harder, home buyers are…
Jamie Dimon Backs Buffett Rule: Advocates 30% Tax for Millionaires to Help Cut $35 Trillion National Debt MSN Read the original article here
In 2023/24, the additional benefit income generated for residents increased by 35.1%, with just under £48million secured through claims and appeals. The team dealt with around 1180 people per month, with residents contacting them directly through the dedicated telephone number or email. Other referrals came from councillors, MSP’s/MP’s, NHS Lanarkshire and council services such as…
In short: Experts say some parents do cash-in-hand work, salary sacrifice, set up business structures, and lodge late tax returns to avoid child support payments. Services Australia, which administers the scheme, referred 168,082 parents to the Australian Tax Office in 2022-23 for having overdue tax returns. What’s next?: The federal budget allocated $5 million for…
Chinese regulators gave approval to a debt-laden city in the country’s east to get funding support from banks, as they move to help more localities after making progress recently in bailouts. The banks were instructed earlier this month to provide additional help to local government financing vehicles in Weifang in Shandong province, according to people…
If you can’t fill out the online application, you can call our office on (02) 8898 6545 and we can help you. Who we can help People who are homeless or at risk of becoming homeless, which includes: People who sleep rough (eg on the street or in a car). People who live temporarily with…
A new national study provides the best evidence to date that generous unemployment insurance benefits during the COVID-19 pandemic helped reduce reliance on high-cost credit use. Researchers found that lower-income residents of states with more generous benefits were significantly less likely than those living in less-generous states to take out new credit cards, personal finance…
(Bloomberg) — Sign up for the India Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. India’s market regulator intends to expand the scope of its sustainable finance framework to include more products, a potential boost to ESG-labeled instruments in Asia. The…