THE government is about to get tough on serial fine dodgers as part of a controversial new Centrelink crackdown. From March 2019, people claiming new welfare payments will first have to undergo police checks. Under the strict measures, people found to have an outstanding arrest warrant on their record will have their welfare payments frozen…
Image credit: Shopify Burst Clif Bar & Company attributes its success to not selling out when the owners walked away from a $120 million buyout offer in 2000. Instead, they kept the company private and invented their five-bottom-line business model focused on sustaining the business, its brands, its people, the community and the planet. Now,…
Even though for-profit colleges get a bad rap for being predatory and leaving students saddled with debt but no degree, a significant number of private nonprofit and public colleges have the same issues. For example, a recent analysis examined 781 colleges where most students borrow and few can repay their loans. While the analysis found…
AUSTIN — Thirty thousand dollars of debt, that’s the amount of money Austin ISD students have accrued by not being able to pay for their school lunches. But now, builders and developers from the Austin Infill Coalition are helping to chip away at that. “No matter how amazing Austin ISD is, if a kid at…
The Australian government has been running budget deficits since the GFC, meaning its had to issue debt to finance the shortfall. The total value of outstanding Australian government bonds is expected to peak at $558 billion in 2027-28, some $126 billion lower compared to estimates offered just six months ago. ANZ Bank expects a stronger…
by Pablo Gonzalez Argentina asked the International Monetary Fund for financing to help stem a five-month-rout in the peso that is sparking a surge in interest rates and threatening to derail the country’s economic recovery. “This will allow us to face the new global scenario and avoid a crisis like the ones we have faced…
Millions of lower and middle-income workers will get immediate tax relief and some an extra $530 a year under measures announced in the Federal Budget. But the wait for welfare and job search help for migrants and refugees will get longer under government plans to reduce the nations social services debt. And the government will…
More on Budget 2018: Welfare recipients who owe taxpayers large debts will be forced to pay back money from their income support payments under measures unveiled in the Federal Budget 2018. Those whove been ordered to pay fines by the courts will have the funds deducted from their welfare payments until the debt is paid…
I owe the banks almost Dh180,000 and was paying properly until 2016, when I lost my Dh10,000 a month job at a multinational company. I struggled to get another job for four months before eventually joining the insurance sector to secure some income. While I was unemployed, I used savings to make my repayments. I…
FORMER treasurer Peter Costello says most of us will be dead before Australias national debt is paid off. On the eve of Scott Morrisons third budget, Mr Costello told ABCs 7.30 the Turnbull government had not done enough to control debt. Weve now had ten years of deficit. Cumulatively, that means to cover that weve…