Sexy office perks like free food, gym classes and tropical retreats are so last year. These days, a growing number of companies are offering employees a more practical incentivehelping them pay off their student loans. San Mateo-based Coupa Software this year rolled out a new program that contributes $50 a month toward eligible employees’ student…
Putting tax cuts before debt repayment will generate economic growth, help compensate for flat wages and reduce the “great risk” to the economy posed by a high tax burden, Treasurer Scott Morrison says. In a pre-budget interview with AFR Weekend, Mr Morrison defended the decision to prioritise tax cuts while he described as “a dangerous lie” Labor’s plans to increase taxes to pay down…
“Were we to proceed on a business-as-usual approach, we would see deficits out forever, and debt ballooning to levels which would impoverish our children and grandchildren, Malcolm Turnbull warned shortly after the 2014 budget. Since then, the 10-year forecast for government debt has climbed even higher – to $684 billion – on the latest Treasury…
Water Corporation will help pay and clear outstanding customer debt as part of a raft of new programs available to people struggling to pay their water bill from July 1. Three new programs will be available to customers experiencing hardship including the start-over program where the corporation will assist in matching payments over a two-year…
Currently, just 4 percent of employers offer student debt assistance. But that’s changing as more employers come to realize education debt is a problem for many of their workers, said Katie Berliner, account executive at YouDecide, a benefits firm. “In order to attract and retain talent, employers are looking at offering contributions to people’s student…
United Nations Secretary-General António Guterres (center) observes the local relief effort in Salybia, Dominica, and meets with local authorities and community members during a multi-sector distribution effort alongside Roosevelt Skerrit (right), prime minister of Dominica. Photo by: Rick Bajornas / U.N. / CC BY-NC-ND UNITED NATIONS Concern over debt vulnerability and risks for small island developing…
A family were left in tears after the family they swapped with on TV show Rich House, Poor House offered to pay off most of their debt. Sarah and Ross Timmins, from Cornwall, have two children aged five and two, but despite both working they found themselves struggling to make ends meet due to a…
President Donald Trumps massive fiscal stimulus plans are adding to the U.S. debt overload and forcing the government to drive up bond issuance as the Federal Reserve shrinks its balance sheet. The Treasury Department will boost the amount of long-term debt it sells to $73 billion this quarter, lifting the auction sizes of coupon-bearing and floating-rate…
by Saleha Mohsin and Liz Capo McCormick President Donald Trump’s massive fiscal stimulus plans are adding to the US debt overload and forcing the government to drive up bond issuance as the Federal Reserve shrinks its balance sheet. The Treasury Department will boost the amount of long-term debt it sells to $US73 billion this quarter,…
Joe Rennison in New York May 2, 2018 Print this page The US Treasury is set to borrow an additional $33.9bn from investors to accommodate the governments rising borrowing needs and will introduce a new debt security to help cope with the rising funding requirements. The rise in debt issuance continues to be front-loaded on…