HECS debt relief nears as Labor eyes further uni reform – Hunter Valley News
HECS debt relief nears as Labor eyes further uni reform Hunter Valley News Read the original article here
Universities Accord Cutting Student Debt by 20 Per Cent Bill 2025
The Universities Accord (Cutting Student Debt by 20 Per Cent) Bill is an admission of abject failure by the Albanese government—failure to control inflation, failure to protect young Australians from Labor’s shocking cost-of-living crisis, failure to deliver a student loan scheme which is fair for all and failure to show any regard for the…
Brokers urged to be wary of shady credit repair practices
Brokers are being urged to remain alert to dishonest credit repair and debt management organisations to help better protect their clients. ASIC recently announced a review into the credit repair and debt management sector following reports of dishonest practices. The exploitation of vulnerable customers is being weeded out by the regulator after it claimed some…
Victims of fraud and financial abuse caught in ATO’s pursuit of $56b in tax debt
Laura remembers the day she decided to leave an abusive relationship. It was January 2020. She was on holiday with her former partner and recalls him getting physically violent in front of their children. “He hit me that day,” Laura recalls. Laura is not her real name. ABC News has had to conceal her identity…
Universities Accord (Cutting Student Debt by 20 Per Cent) Bill 2025, Henderson amendment (capping HELP indexation at 3%)
This is a very important amendment to this bill. It has the effect of capping HELP indexation at three per cent. This would mean that HELP indexation would change to the lower CPI or three per cent, ensuring that everyone with a student debt, including future students signing up for a HELP loan, would…
Student Debt Relief Bill passes Lower House, bringing financial relief closer for millions
The Albanese government’s landmark student debt relief bill has cleared the House of Representatives, bringing long-awaited financial relief for more than three million Australians one step closer to reality. The legislation, which proposes a 20 per cent reduction in student loan debt and a significant increase to the repayment threshold, was passed with support from…
Best Debt Consolidation Loans – Forbes Advisor Australia
A debt consolidation loan may be a good idea if you’re looking to reduce the costs of multiple loans, streamline your repayment process and get on top of your debt. Personal loans used as debt consolidation loans typically offer better interest rates compared to credit cards and payday loans. For instance, if you have three…
Big move as debt relief for millions touted – MSN
Big move as debt relief for millions touted MSN Read the original article here
BNPL debt could fuel increased demand for debt consolidation loans
Much has been made about how buy now, pay later (BNPL) debt will impact consumer credit, but the rising popularity of this accessible loan could have another meaningful effect: an increased demand for debt consolidation. Debt consolidation loans — personal loans used to group multiple debt balances — could become a last, best resort for…
Vermont implements bill to erase $100M medical debt | Government
MONTPELIER — A bill that passed unanimously through both state chambers this spring will erase up to $100 million in medical debt and is now beginning to be implemented. S.27 will primarily aid low- and moderate-income Vermonters, targeting debt over 18 months-old and be managed by the non-profit partner Undue Medical Debt. Due to high…