Loading Investors said the deal gives Scentre balance sheet flexibility as it navigates through the disruption to its rent collection, battles with tenants, flat sales and the drop in the value of its malls. Scentre reported a $3.6 billion interim loss which was driven by a reduction of $4 billion in value across its malls.…
Editorial Independence We want to help you make more informed decisions. Some links on our site clearly marked will take you to a partner website and may result in us earning a referral commission. For more information, seeHow We Make Money. Juggling debts from multiple sources can make your finances feel like the worlds largest…
Photo by Sam Mgrdichian on Unsplash If youre one of the many Australians who cut down their credit card debt during coronavirus, you need to also make sure you keep it off when things go back to normal. For years, credit card debt has been a problem for many Australians. Back in 2017, an ASIC…
Julien Mattia/Le Pictorium/picture-alliance/dpa/MAXPPP David Malpass and Emmanuel Macron have spoken out in favour of debt leniency. This picture was taken in May 2019 in Paris. Low-income countries require support to cope with the Covid-19 pandemic. The international community has responded with intensified lending, debt suspension and even calls for debt cancellation. Money, however, is not…
UNIVERSITY students with a HECS debt could soon flood to Bowen farms in a scheme backed by a peak farming body and a federal parliamentary committee. The Joint Standing Committee on Migration made the recommendation on Tuesday that university students and recent graduates should be given a HECS debt discount to encourage them to pick…
While youve likely considered a car loan or a personal loan at one time or another, odds are that you havent investigated taking out a debt consolidation loan. Recent research by SocietyOne into attitudes towards debt and credit indicates that 82% of Australians with personal or household debt have not taken out a debt consolidation…
The Federation of Thai Industries (FTI) plans to ask the Bank of Thailand to extend the debt moratorium scheme, which will end next month, for another two years. The extension would require businesses to pay 10% of interest payments for six months to alleviate the fear of non-performing loans (NPLs) among financial institutions. Borrowers should…
Loading “In an environment of record low borrowing rates and significant spare capacity in the economy, this meant fiscal policy was well placed to continue to support the recovery,” the minutes said. The Per Capita survey, which has been running for the past decade, found a spike since the start of the pandemic in the…
September 15, 2020 08:00 ET | Source: Credit Counselling Canada TORONTO, Sept. 15, 2020 (GLOBE NEWSWIRE) — A new national survey by Credit Counselling Canada paints a picture of confusion about where consumers feel they can turn for help if they hit debt rock bottom. The study also addresses consumer sentiment on issues ranging from…
Like many people in these strange and unwelcome times, Brienna Prowler has been making ends meet by running up hefty balances on her credit cards. Specifically, shes carrying a combined $15,000 in family medical bills on her Chase and Barclays cards bills she cant pay down since losing her gig as a bartender because of…