Australias public debt levels remain manageable, with record low interest rates leaving the government plenty of room to boost the economy in the October budget, according to the Reserve Bank. In a speech on Tuesday the RBA deputy governor, Guy Debelle, has defended the size of support payments including jobkeeper and jobseeker and given the…
New York yellow cab drivers block bridges to demand debt relief By Shuvu Batta19 September 2020 In the late morning and early afternoon Thursday, caravans of taxis blocked the Brooklyn Bridge and Queensboro Bridge in New York City, bringing traffic to a halt on two of the major entrances to Manhattan. Taxi drivers staged the…
New York yellow cab drivers block bridges to demand debt relief By Shuvu Batta18 September 2020 In the late morning and early afternoon Thursday, caravans of taxis blocked the Brooklyn Bridge and Queensboro Bridge in New York City, bringing traffic to a halt on two of the major entrances to Manhattan. Taxi drivers staged the…
Loading Investors said the deal gives Scentre balance sheet flexibility as it navigates through the disruption to its rent collection, battles with tenants, flat sales and the drop in the value of its malls. Scentre reported a $3.6 billion interim loss which was driven by a reduction of $4 billion in value across its malls.…
Editorial Independence We want to help you make more informed decisions. Some links on our site clearly marked will take you to a partner website and may result in us earning a referral commission. For more information, seeHow We Make Money. Juggling debts from multiple sources can make your finances feel like the worlds largest…
Photo by Sam Mgrdichian on Unsplash If youre one of the many Australians who cut down their credit card debt during coronavirus, you need to also make sure you keep it off when things go back to normal. For years, credit card debt has been a problem for many Australians. Back in 2017, an ASIC…
Julien Mattia/Le Pictorium/picture-alliance/dpa/MAXPPP David Malpass and Emmanuel Macron have spoken out in favour of debt leniency. This picture was taken in May 2019 in Paris. Low-income countries require support to cope with the Covid-19 pandemic. The international community has responded with intensified lending, debt suspension and even calls for debt cancellation. Money, however, is not…
UNIVERSITY students with a HECS debt could soon flood to Bowen farms in a scheme backed by a peak farming body and a federal parliamentary committee. The Joint Standing Committee on Migration made the recommendation on Tuesday that university students and recent graduates should be given a HECS debt discount to encourage them to pick…
While youve likely considered a car loan or a personal loan at one time or another, odds are that you havent investigated taking out a debt consolidation loan. Recent research by SocietyOne into attitudes towards debt and credit indicates that 82% of Australians with personal or household debt have not taken out a debt consolidation…
The Federation of Thai Industries (FTI) plans to ask the Bank of Thailand to extend the debt moratorium scheme, which will end next month, for another two years. The extension would require businesses to pay 10% of interest payments for six months to alleviate the fear of non-performing loans (NPLs) among financial institutions. Borrowers should…