MGM says singer Bruno Mars does not have $67m casino debt

MGM Resorts International has denied reports that Bruno Mars has a US$50 million (S$67 million) gambling debt with its casino. In a statement to American entertainment publication Variety, MGM Resorts said the allegations of Mars’ debt are false. “We’re proud of our relationship with Bruno Mars, one of the world’s most thrilling and dynamic performers,”…

Avoiding a ‘debt spiral’: Are paid placements and changes to HECS-HELP indexation enough to make a difference for students?

Over the weekend, the Government has proposed two important changes for tertiary students and graduates. The HECS-HELP scheme would be indexed to the lower option of the Consumer Price Index or the Wage Price Index, and that change will be backdated a year, which will save students and graduates hundreds or thousands of dollars. Additionally,…