AOFM, the Treasury’s $1 trillion debt office, faces independent review led by Guy Debelle after high turnover of staff

The Treasury agency responsible for managing the federal government’s almost $1 trillion debt will face an independent review by former Reserve Bank of Australia deputy governor Guy Debelle, following the exit of an unusually high number of employees over the past year. Debelle has been tapped by Treasury Secretary Jenny Wilkinson to conduct a review…

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Bhumjaithai outlines policies to tackle debt and cut living costs

Unofficial “2026 general election” results: Bhumjaithai Party was leading in first place with 187 MP seats in total, 166 constituency MPs and 21 party-list MPs, as of Sunday (February 8), 8.30pm. Regarding the Bhumjaithai Party’s debt resolution and cost-of-living reduction policies, Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas, who has been positioned as the party’s chief…

Businessman and bad gambler Sam Kanjo linked to Australia’s biggest illegal tobacco fine

The Australian Federal Police (AFP) are questioning a repeat bankrupt businessman, and he is lashing out. Gold Coast-based Sam Kanjo is undergoing a secret examination involving proceeds of crime allegations against his wife. The examination’s transcript almost immediately starts with the AFP’s lawyer putting “on the record” events just before proceedings officially started. Businessman Sam…