HECS reduction: Labor passes student debt cuts

Three million Australians will have their student debt slashed as Labor passed the highly anticipated legislation through parliament. As promised to voters, the Albanese government introduced the HECS debt bill to cut 20 per cent from existing university and TAFE debts as its first order of business last week. It passed the Senate on Thursday…

How to consolidate debt and not get scammed

To find a reputable service, head to the National Foundation for Credit Counseling. It’s a trusted resource for accredited agencies nationwide. GREENSBORO, N.C. — Got debt? You’re not alone. Business Insider estimated the average debt for each North Carolina resident last year. was $96,000+. This number includes mortgages, car loans, student loans, and credit card debt.…

Bettors are worried Trump’s ‘big, beautiful bill’ could cause professional gambling in the U.S. to fold

A relatively underappreciated constituency is raising the alarm about President Donald Trump’s “big, beautiful bill” — gamblers. Tucked into the nearly 900-page legislation is a change to how gambling losses are taxed that some professional and amateur bettors say could crush the industry. The provision, only a few paragraphs, would limit what gamblers can deduct…

Debt relief moves to explore with interest rates on pause

With high interest rates locked for at least two more months, borrowers stuck in debt should consider making some strategic moves now. Getty Images The news on Wednesday that the Federal Reserve was keeping its benchmark interest rate frozen wasn’t exactly unexpected, but it still marked yet another major disappointment for borrowers. Saddled with high…