More than 254,000 debt relief ordershave been issued in the past 10 years, helping more than a quarter of a million people stabilise their finances. Since the orders were launched in April 2009,some 2.3bn of debt relief has been granted to helppeople who have few assets and little surplus income, The Insolvency Service has revealed.…
In 2018, 73 per cent of high-income earners ($150,000 or more) said they expected to pay down debt. That has fallen to 37 per cent. “Given that our survey also showed that over 60 per cent of Australians are extremely concerned about the increasing cost of living the cost of essential services and increasing energy…
Griffith University will hold a free seminar this month to help everyday people understand their rights and responsibilities when dealing with the Australian Tax Office. From 6pm on Tuesday 16 April, the public is invited to attend the two-hour session at the Universitys Logan campus to learn how to better endure the frequently confusing experience…
The first Debt Relief Order (DRO) was approved 10 years ago in April 2009 with the aim of assisting people with small levels of assets and little surplus income deal with their debts*. Since then, the Insolvency Service has approved more than 254,000 DROs to people with debts worth an average of 9,400. People apply…
Many Americans struggle to manage their finances. One study finds that 4 in 10 Americans couldnt handle an unexpected expense of $400. A new breed of money apps, powered by artificial intelligence (AI) and aiming to engage consumers attention when they need help the most, is trying to come to the rescue. Olivia Moore, a…
The Revolution Church in Annapolis, Maryland, has made it their mission to change the way people think about religion and prayer. They operate as a mobile church, setting up and breaking down their worship areas in schools instead of paying for a permanent buildingand when they raise money, they do it to make the world…
Hyundai Introduces Industry-First Incentive to Help Customers Pay Down Their Student Loans by Contributing Up to $900 Toward Their Student Loan Debt Student Assurance Initially Available from April 1 September 30 in California and Phoenix, Arizona Dealerships Student Assurance is a Result of the Better Idea Generator, Hyundais Internal Innovation Contest FOUNTAIN VALLEY, Calif., April…
Citizens Advice has reported a sharp rise in people seeking help with bailiff-related issues as vulnerable consumers are targeted by increasingly aggressive debt collection methods. The number of reported problems with bailiffs exceeded 103,000 in the 12 months to March 31 this year a 16 per cent increase on the previous year which Citizens Advice…
Kiwi trainer Tony Pike remembered a debt when booking jockey Damian Lane to ride Surely Sacred in Saturdays Australian Derby at Randwick. The debt stretches back to when Lane rode Pikes classy performer Sacred Elixir to wins in the 2016 Caulfield Guineas Prelude and the Moonee Valley Vase, but Zac Purton was booked…
Non-government organisations have hit out at the Coalition after it cut foreign aid in the Federal Budget, calling the move “selfish” and “short-sighted”. Key points: Total aid expenditure will fall by more than $115 million Parts of the aid budget are being repurposed and given a sharper strategic edge The Pacific has largely been…