THOUSANDS of university students and graduates had to start paying back their debts sooner than expected on July 1 and the rules might change again if a bill passes the Senate. With the new financial year having begun, anybody earning $52,000 or more a year will have to start paying off their student debts referred to…
AMERICAS newest game show is causing a stir, with a number of people labelling it dystopian. The show pits recent university graduates against each other in a traditional trivia game show format and the winner gets their student debt paid off kind of like a financial Hunger Games for struggling anthropology graduates. The level of…
Less than one in 10 (6%) of respondents state that their employer provides debt consolidation via workplace lending and counselling services as part of their employee benefits package, according to research by Thomsons Online Benefits. It surveyed 2,000 UK employees working in private sector organisations with more than 500 staff, and also found that 10%…
Village Roadshow has a mountain of debt which it needs to pay down as quickly as possible. In a statement to the market, the entertainment company said its shares were currently in a trading halt to allow it to “provide information about a potential capital raising”. Its temporary suspension from trading is expected…
Village Roadshow has a mountain of debt which it needs to pay down as quickly as possible. In a statement to the market, the entertainment company said its shares were currently in a trading halt to allow it to “provide information about a potential capital raising”. Its temporary suspension from trading is expected…
The start of trade hostilities between the U.S. and China accentuates an important underlying theme in China’s own economy and the way it affects the world. A big tussle is taking place within China that the leveling of tariffs by Washington and Beijing can only aggravate. That struggle is the effort by China to slow…
Habits are hard to break. Americans tamed their use of credit cards post-recession, but theyve fallen off the wagon. According to a Lending Tree analysis of new Federal Reserve data, Americans are set to amass $4 trillion in consumer debt which includes non-mortgage debts such as personal loans, auto loans and student loans in addition to credit…
If its not possible to cut back on major expenses, then you need to take a look at your smaller expenses, says Berger. Go through the list of expenses in your 50 percent bucket and ask yourself: Do I need this? Can I get rid of it, or can I somehow lower it? If you…
It is not just prisoners who pay a high price for this double punishment. Society does too, through the crimes committed so people can raise money to pay off debts, the cost of the resulting high recidivism rates (keeping a person in jail for 12 months is estimated at $110,000), and in the heavy reliance…
The Federal Governments $2 billion injection into the WA Budget is set to save the States taxpayers from more pain, with Treasurer Ben Wyatt saying the extra cash will help slash debt and deficit. As Liberal MPs used the GST overhaul as a rallying cry ahead of a looming Federal election, the State Government may…