It will soon become easier for Australians with student loan debt to get a mortgage after Treasurer Jim Chalmers instructed the prudential regulator to relax how HECS was treated when banks conducted mortgage serviceability tests. Under the responsible lending rules, banks are currently required to take a prospective homeowner’s student loan debt into account when…
Sabra Lane: One of the major barriers for young people borrowing to buy a house is going to be overhaul. The Federal Government’s told the banks to ignore student debts when weighing up whether to grant would-be homeowners a mortgage. It’s a boost for first home buyers as housing shapes up as a key election…
Kolkata: Amid the three major concerns of debt, revenue and expenditure management, West Bengal Minister of State for Finance (independent charge) Chandrima Bhattacharya will present the state budget for the financial year 2025-26 in the state Assembly on Wednesday. As per figures of the state finance department, the total accumulated debt for West Bengal as…
Gambling addiction quietly taking a toll as betting apps gain popularity Times Union Read the original article here
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails The executive director of a federal control board that oversees Puerto Rico’s finances said that it is “impossible” for the…
Australia’s Labor govt asks regulators to help home buyers with student debt New Straits Times Read the original article here
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Board rejects rate increase to help restructure debt of Puerto Rico power company MSN Read the original article here
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SAN JUAN, Puerto Rico (AP) — The executive director of a federal control board that oversees Puerto Rico’s finances said that it is “impossible” for the U.S. territory to pay the $8.5 billion bondholders are demanding in a bankruptcy case involving the island’s power company. Robert Mujica Jr. unveiled a new fiscal plan for Puerto…