Launceston Community Legal Centre debt caseload strain – Tasmania Examiner

WELFARE: Launceston Community Legal Centre welfare officer Emma Smith says her debt case load has doubled following the Centrelink debt fiasco. Picture: Chris Clarke The debt caseload at the Launceston Community Legal Centre has skyrocketed¬†for its welfare officer due to the Centrelink fiasco. Nationally, people are receiving letters from Centrelink informing them they have outstanding…

IMF chief says Greek debt needs to be restructured, not forgiven – Yahoo7 News

Greece’s debt needs “significant” restructuring, but debt forgiveness by the country’s creditors is not necessary, IMF chief Christine Lagarde said Wednesday, appearing to soften the lender’s previous stance. “Debt will have to be restructured appropriately,” the International Monetary Fund’s managing director told German television channel ARD after meeting Chancellor Angela Merkel in Berlin. “At the…