Centrelink referring Twitter users to Lifeline amid debt-recovery efforts – The Sydney Morning Herald

Amid growing controversy about Centrelink’s new automated debt recovery methods, the agency is using Twitter to refer welfare recipients to a crisis support hotline and offer assistance from trained social workers. Centrelink has been sending out 20,000 debt-compliance letters a week since the Turnbull government introduced a new computer-based compliance system in July, up from…

Discoms get relief as State takes over debt servicing – The Hindu

“; var device = “”; for ( var type in WFClientTypeDef) { if (window.matchMedia(WFClientTypeDef[type]).matches) { switch (type) { case “xlarge”: device = ‘desktop’; break; case “large”: device = ‘desktop’; break; case “medium”: device = ‘tab’; break; case “small”: device = ‘mobile’; break; } break; } } var writeOnDocument = true; var skipOnDeviceValue = “[medium, small]”;…

Venture debt firm InnoVen Capital forms syndicate to help fund cash-starved startups – Economic Times

BENGALURU: Funding winters and the investor sentiment in 2016 saw multiple growth-stage companies turning to venture debt to tide over the hard times. The absence of a traditional credit line from institutional investors like banks has seen these smaller companies diluting precious equity for working capital and other needs. In order to streamline the process…

Centrelink debt recovery system failures have ‘frightened’ recipients, Andrew Wilkie says – ABC Online

Related Story: Porter defends Centrelink amid debt recovery row Related Story: Centrelink staff to get ‘customer aggression’ training amid debt row Independent MP Andrew Wilkie has criticised the Federal Government over Centrelink’s new debt recovery system, saying it was designed by a “dunderhead”. The Tasmanian politician’s comments come amid…