You can now wipe any mention of your HELP student debt from your mortgage application – but one expert argues it’s not going to help first homebuyers get into the market. Federal treasurer Jim Chalmers has announced “commonsense changes” to the way banks assess your home loan application, giving you the freedom to remove any…
(Bloomberg) — Chinese authorities are working on a proposal to help China Vanke Co. plug a funding gap of about 50 billion yuan ($6.8 billion) this year, according to people familiar with the matter, highlighting the government support for the distressed developer. Most Read from Bloomberg Under the plan, regulators would allocate 20 billion yuan…
China Mulls $6.8 Billion Funding Plan to Help Vanke Repay Debt Bloomberg Read the original article here
UNITED NATIONS, FEB 12 (APP/DNA):Pakistan has called for putting “front and centre” financial justice that includes debt relief for developing countries among the priorities of the upcoming Second World Social Summit in Doha, Qatar, as part of a decisive move to build a more just world. “An inclusive, just and equitable international financial architecture is…
In the past five years, three different mortgage brokers have told Dylan Buust that his student debt will make it very difficult for him to get a mortgage for his first home. The 30-year-old physiotherapist from Canberra has spent years madly saving for a deposit. But after studying for two university degrees, his $80,000 HECS-HELP…
Wednesday February 12, 2025 Mogadishu (HOL) – The Somali government has reached an agreement with the Abu Dhabi Development Fund (ADFD) to settle a longstanding debt of $257 million linked to the former Juba Sugar Factory project, marking a step in the country’s economic recovery efforts. Somalia’s Minister of Finance, Bihi Iman Igeh, and ADFD…
’Commonsense’ move for Aussies in debt news.com.au Read the original article here
The report details how this debt crisis is jeopardising progress aimed at ending AIDS in Sub-Saharan African countries, which account for a significant majority of people living with HIV globally – 25.9 million people of the nearly 40 million total. If debt payments and stifled budgets are unaddressed in the next three to five years,…
Dear Dave, My mom is 76, and the only debt she has is about $60,000 left on her mortgage. She has $600,000 in retirement accounts, plus a long-term care insurance policy. But she has just $25,000 in a money market account with check-writing privileges for everyday bills and purchases. To be honest, this worries me.…
Kolkata: As West Bengal prepares for its budget presentation for the financial year 2025-26, the state faces significant financial challenges, including mounting debt, revenue constraints, and concerns over expenditure management. On Wednesday, West Bengal Minister of State for Finance (Independent Charge) Chandrima Bhattacharya will present the state budget in the Assembly, addressing these pressing economic…