In the past five years, three different mortgage brokers have told Dylan Buust that his student debt will make it very difficult for him to get a mortgage for his first home. The 30-year-old physiotherapist from Canberra has spent years madly saving for a deposit. But after studying for two university degrees, his $80,000 HECS-HELP…
Wednesday February 12, 2025 Mogadishu (HOL) – The Somali government has reached an agreement with the Abu Dhabi Development Fund (ADFD) to settle a longstanding debt of $257 million linked to the former Juba Sugar Factory project, marking a step in the country’s economic recovery efforts. Somalia’s Minister of Finance, Bihi Iman Igeh, and ADFD…
’Commonsense’ move for Aussies in debt news.com.au Read the original article here
The report details how this debt crisis is jeopardising progress aimed at ending AIDS in Sub-Saharan African countries, which account for a significant majority of people living with HIV globally – 25.9 million people of the nearly 40 million total. If debt payments and stifled budgets are unaddressed in the next three to five years,…
Dear Dave, My mom is 76, and the only debt she has is about $60,000 left on her mortgage. She has $600,000 in retirement accounts, plus a long-term care insurance policy. But she has just $25,000 in a money market account with check-writing privileges for everyday bills and purchases. To be honest, this worries me.…
Kolkata: As West Bengal prepares for its budget presentation for the financial year 2025-26, the state faces significant financial challenges, including mounting debt, revenue constraints, and concerns over expenditure management. On Wednesday, West Bengal Minister of State for Finance (Independent Charge) Chandrima Bhattacharya will present the state budget in the Assembly, addressing these pressing economic…
It will soon become easier for Australians with student loan debt to get a mortgage after Treasurer Jim Chalmers instructed the prudential regulator to relax how HECS was treated when banks conducted mortgage serviceability tests. Under the responsible lending rules, banks are currently required to take a prospective homeowner’s student loan debt into account when…
Sabra Lane: One of the major barriers for young people borrowing to buy a house is going to be overhaul. The Federal Government’s told the banks to ignore student debts when weighing up whether to grant would-be homeowners a mortgage. It’s a boost for first home buyers as housing shapes up as a key election…
Kolkata: Amid the three major concerns of debt, revenue and expenditure management, West Bengal Minister of State for Finance (independent charge) Chandrima Bhattacharya will present the state budget for the financial year 2025-26 in the state Assembly on Wednesday. As per figures of the state finance department, the total accumulated debt for West Bengal as…
Gambling addiction quietly taking a toll as betting apps gain popularity Times Union Read the original article here