The Australian Securities and Investments Commission (ASIC) has announced a probe into credit repair and debt management services amid reports of dishonest practices. The investigation aims to weed out those exploiting financially vulnerable consumers by not meeting debt management terms, charging high fees, or not communicating adequately with customers. ASIC said it is concerned some…
Video: Childcare reforms, HECS debt relief on agenda as parliament resumes Childcare reforms, HECS debt relief on agenda as parliament resumes We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later. Dismiss Skip to sections navigationSkip to contentSkip to footer The government is introducing urgent childcare sector reforms and…
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The global health impacts of gambling are much worse than previously thought, according to an international medical journal. The new report by the Lancet Public Health Commission, which involved experts ranging from gambling studies, public health, global health policy, risk control and regulatory policy, called for stronger regulation. “Our conclusion is clear: gambling poses a…
From bets to breakdown: Youngsters spiralling into gambling debt; rehab struggles to keep up Times of India Read the original article here
Analysis conducted by the Parliamentary Library shows that Labor’s much-touted 20% student-debt cut collapses to a mere 7.9% once indexation since their election in 2022 is accounted for. In other words, the impact of the 20% student debt cut is severely diminished by indexation, even after the Government’s changes to indexation by tying it to…
A Gold Coast businessman has been accused of spending almost $40 million of investors’ money at the casino. After an ASIC investigation, the Federal Court has appointed receivers to 13 companies run by NDIS property developer David George McWilliams. The corporate watchdog launched action against the developer and his wife Laura Fullarton after a tip-off…
The Albanese government’s 20% cut to student debt is the first bill introduced to the new federal parliament. It is clever politics. In the government’s first term, the 3 million Australians with a student debt turned high indexation of their loan balances into a major issue. The proposed 20% cut flipped a political negative into…
Here’s what this beloved pop star had to say about his rumored gambling debt MSN Read the original article here
The government has introduced its bill to reduce student debt. Photo: Australian National University. The Federal Government has fired the starter’s gun on the business schedule for the new parliament by introducing its legislation to cut student debt. Labor’s bill seeks to cut 20 per cent off all higher education student debts, with the aim…