by News 3 Staff Mon, March 18th 2024 at 3:28 PM Updated Tue, March 19th 2024 at 10:47 PM LAS VEGAS, NV – MAY 20: Singer Bruno Mars speaks onstage at the 2018 Billboard Music Awards at the MGM Grand Garden Arena on May 20, 2018 in Las Vegas, Nevada. (Photo by Kevin Winter/Getty Images)…
Every year on June 1, student debt in Australia is indexed to inflation. In 2023, high inflation pushed the indexation rate to 7.1%, the highest since 1990. This year, if there is no policy change, student debt balances will be increased by 4.7%. After sustained community pressure to change the way debts are indexed, the…
MGM Resorts International has denied reports that Bruno Mars is in debt with the entertainment company. A previous report by NewsNation indicated that the “24K Magic” singer racked up a debt of more than $50 million at the MGM Grand in Las Vegas since signing a long-term residency contract with the company in 2016. In…
Student debt was previously just indexed to the Consumer Price Index (CPI) inflation rate, but the 2024 budget will change this to the lower of the Wage Price Index (WPI) or CPI. This will be backdated to retroactively apply to last year’s indexation (7.1%), which the government estimates could wipe more than $3 billion from…
The Australian Digital 12 Month Plan costs $416 (min. cost) for the first 12 months, charged as $32 every 4 weeks. This automatically renews after the first 12 months to be charged as $32 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12…
For three million Australians, the announcement of a reduction in indexation on their HECS and HELP student loan debt is welcome. The change means an estimated $3 billion will be wiped from student’s debt from July, because the amount is backdated to include the indexation added in 2023. Also, proposed changes to the rate of…
The MGM Grand have denied that Bruno Mars reportedly owes the casino $50million (£39million) in gambling debt. Mars is set to enter his ninth year performing a residency in Las Vegas, however earlier this week saw News Nation report that the singer is paying off his debts to MGM. A “well-placed Vegas insider” reported that…
Bruce Chapman, economist & designer of HECS loan system, says the student debt relief will not do anything to inflation numbers, “nothing will happen because of this.” Andrew Norton, ANU Professor in the Practice of Higher Education Policy questions if HECS debts should be pegged to the CPI or WPI, or if a different…
MGM Resorts says its relationship with Bruno Mars is one of “mutual respect” and “Any speculation otherwise is completely false; he has no debt with MGM.” Issued Monday, the statement answers a report Friday from media website NewsNation that the Park MGM headliner has rolled up gambling debts in the tens of millions. Citing an…
Tens of thousands of women fleeing family violence are unable to get legal assistance each year, forcing them to represent themselves in court, incur huge debts to pay legal fees, agree to unfair parenting and child support arrangements, or stay in the abusive relationships. Women fleeing domestic violence say their ex-partners can use the family…