A Liberal Senator has floated plans overnight to pay off Government debt by selling off the famous and controversial Jackson Pollock painting Blue Poles to some incredibly wealthy person who can afford it thanks to a low tax rate leaving them with a myriad of disposable income. Senator Patterson argued that it is inappropriate for…
2016-10-06T14:44+02:00 14:44 06.10.2016 Ukrainian Prime Minister Volodymyr Groysman has promised to help settle the debt problems of Pivdenmash (Dnipro). “I think that the issue should be discussed urgently to find a systemic solution how to resume the operation of the enterprise so that it does not generate debts this is the main task today,” Groysman…
Oct. 6, 2016 8:11 a.m. ET Corporate-bond issuance in emerging markets hit a record high for the month of September, even as worries grew globally over soaring debt levels amid tepid growth. The amount of U.S.-dollar bonds issued by companies in emerging countries almost tripled to $34.7 billion in September from the month before as…
Ballot questions are sometimes confusing. So I want to provide you with more details about Boulder Citys upcoming ballot question. Boulder City Question No. 1 seeks permission for the city to use capital improvement fund money, as it becomes available, to pay down the citys raw water line debt. To understand the purpose of this…
Adequately designed fiscal measures can help lower the risks of record-high global debt toward global recovery and financial stability, said the International Monetary Fund (IMF) on Wednesday in a newly-released report. “At 225 percent of world GDP, the global debt of the nonfinancial sector — comprising the general government, households, and nonfinancial firms — currently…
A new study found that an increase in house value is directly related to an increase in household debt among property owners. The University of Sydney used a Household Income and Labour Dynamics in Australia (HILDA) data set from 2001 to 2012 to study the relationship among house prices, household debt and the labour market.…
The IMF has recommended governments phase out tax incentives that encourage borrowing. Global public and private debt has blown out to a record $US152 trillion ($199 trillion) and Australian households are bingeing on borrowed money at a “fast pace”, exposing the economy to a future crisis, warns the International Monetary Fund. In a wake-up call about the…
Latest news: The WA state governments Keystart Housing Scheme Trust has sold Bendigo and Adelaide Bank $1.35 billion-worth of standard variable-rate residential home loan debt at 0.2% premium. The loans, roughly a quarter of Keystarts total loan book of about $4 billion, involves the debt of 6,000 borrowers with an average loan of $225,000…
Federal cabinet signed off on Tuesday on a proposal from Education Minister Simon Birmingham that replaces Labor’s VET FEE-HELP with a scheme that will also put in tougher barriers to entry to training providers Q&A The Turnbull government believes it can significantly slash $25 billion of student debt from a disastrous vocational education student loans scheme as part…
I have debts of about Dh130,000. I have two credit cards, both of which have been maxed; there is a Dh10,000 limit on one and Dh40,000 with another. Then I also have an Dh80,000 loan with a bank, which I have paid for almost a year now. I am only earning a monthly salary of…
