The fight against the climate emergency is being hampered by a debt crisis that involves the world’s poorest countries paying more than 12 times as much to their creditors as they are spending on measures to tackle the impact of global heating, a campaign group has warned. As the Cop28 meeting opened in the United…
Dear Ms Wise, how can we help out our kids without spoiling them? With HECS indexation up to 7 per cent, I’d argue it’s well worth paying down this debt for them. But my wife disagrees and says they need to find their own way financially. Rob The wisdom: Financial planner Marisa Broome agrees it’s…
Jake Van Berlo was popular, outgoing and good at everything he did. Whether it was sport or school, he nailed it. Key points: A new study has found 4 per cent of suicides in Victoria between 2009 and 2016 were gambling-related Researchers believe the number is a lot higher, because people are often ashamed of their…
As many low- and middle-income countries (LMICs) grapple with a sharp rise in payments on their sovereign debt in the wake of the COVID-19 pandemic and the war in Ukraine, leaders across the world are calling for urgent debt restructuring and reforms to the development financing system. Their calls are often framed in humanitarian and…
Steven* was just 10 years old when he started gambling online, an addiction that by the age of 15 would see him lose about $2,000 and grappling with embarrassment and despair. He remembers gambling away $500 in birthday money when he was 12. “I was late to school because I didn’t want to leave my…
In recent days, the “right to disconnect” has entered Australia’s legislative agenda. It refers to employees’ rights to refuse unreasonable after-hours contact from their employer. In a work landscape where employees are constantly available after hours thanks to smartphones and portable devices, and employers are competing in global markets and operating on tight deadlines, concerns…
What to Know Ippei Mizuhara, 39, agreed to plea guilty to one count of bank fraud and one count of subscribing to a false tax return. The former interpreter for Shohei Ohtani could face up to 30 years in federal prison under the plea deal. The investigation into Mizuhara’s sports betting was part of a…
University course fees may be changed and students given more support in paying their Hecs and Help debts, as part of a proposed massive overhaul of the tertiary education system being considered by the education minister, Jason Clare. The changes may include paying some students to complete work experience as the government plans for the…
BERGAMO, ITALY – OCTOBER 01: Nicolo Fagioli of Juventus looks on during the Serie A TIM match … [+] between Atalanta BC and Juventus at Gewiss Stadium on October 01, 2023 in Bergamo, Italy. (Photo by Emilio Andreoli/Getty Images) Getty Images Juventus midfielder Nicolò Fagioli has spoken about extreme threats of violence as he owed…
Debt can be crippling. It can snowball so large that you can barely keep up with the minimum payments and barely address the principal owed. If you fall behind, you get bombarded with creditors calling you to pay up or threatening you with legal action. You can be taken to court over your debt with…