Barnaby Joyce has suggested any employer who wants government to borrow more to help during the COVID-19 crisis must also accept increased taxes. The Member for New England, speaking in Tamworth on Monday, said business should be “prepared to pay the taxes to pay it back”. “Sure you’re happy for us to borrow more debt…
1. Whats the problem? Emerging markets owe more than $8.4 trillion in foreign-currency debt, or about 30% of the developing worlds gross domestic product. At least $730 billion is coming due through the rest of this year, as many of these nations see the worst of the virus, which will severely tax health systems. The…
May 1 was an important day for the world’s poorest nations. It was the day the rich club of G20 nations gave debtors a payment holiday until the end of the year, giving developing nations more headroom to pay for healthcare during the pandemic. Despite more than 100 countries applying to the International Monetary Fund…
Are you currently in a position where you have debt stacked across one or more credit card? If so, the interest rates can be crippling. Not only this, but attempting to manage repayments on multiple credit cards can be a daunting task, especially if repayment dates are scattered throughout the month. If this sounds like…
UNIVERSITY debts are soaring and more people are being forced to repay their student loans sooner. New Australian Taxation Office data obtained by News Corp found in the 2018/19 financial year 3 million people owed a massive $66.5 billion in Higher Education Loan Programme (HELP) debts. This grew by 8 per cent from the 2017/18…
UNIVERSITY debts are soaring and more people are being forced to repay their student loans sooner. New Australian Taxation Office data obtained by News Corp found in the 2018/19 financial year 3 million people owed a massive $66.5 billion in Higher Education Loan Programme (HELP) debts. This grew by 8 per cent from the 2017/18…
UNIVERSITY debts are soaring and more people are being forced to repay their student loans sooner. New Australian Taxation Office data obtained by News Corp found in the 2018/19 financial year 3 million people owed a massive $66.5 billion in Higher Education Loan Programme (HELP) debts. This grew by 8 per cent from the 2017/18…
UNIVERSITY debts are soaring and more people are being forced to repay their student loans sooner. New Australian Taxation Office data obtained by News Corp found in the 2018/19 financial year 3 million people owed a massive $66.5 billion in Higher Education Loan Programme (HELP) debts. This grew by 8 per cent from the 2017/18…
Australian graduates living overseas have been warned moving away doesnt mean they can dodge their student loans, and the tax office intends to remind them. The Australian Taxation Office announced on Tuesday it would contact people with student debt who leave or are already overseas in the coming months. ATO assistant commissioner Karen Foat said…
Turkeys parliament will consider a measure allowing companies to restructure or reduce large swathes of debt with banks, local media reported on Tuesday. The scheme will resemble the Istanbul Approach, the pro-government Sabah newspaper said. The three-year plan was introduced after Turkeys financial crisis in 2001 and helped thousands of large and small-scale enterprises avoid…