Biden, McCarthy push forward towards deal on US debt ceiling – Reuters

WASHINGTON, May 17 (Reuters) – President Joe Biden and top U.S. congressional Republican Kevin McCarthy on Wednesday underscored their determination to reach a deal soon to raise the federal government’s $31.4 trillion debt ceiling and avoid an economically catastrophic default. After a monthslong standoff, the Democratic president and the speaker of the House of Representatives…

23-126MR ASIC sues Money3 Loans for responsible lending … – Australian Securities and Investments Commission

You are here: Home About ASIC News centre Find a media release 23-126MR ASIC sues Money3 Loans for responsible lending breaches ASIC media releases are point-in-time statements. Please note the date of issue and use the internal search function on the site to check for other media releases on the same or related matters. Wednesday…

Greens call for abolition of indexing on HECS/HELP loans as student debt balloons, senate report to be tabled – ABC News

A senate inquiry report into a bill that would freeze $74 billion in student debt is set to be tabled in federal parliament next week. Key points: The Greens are also pushing for a rise in the minimum repayment threshold Two thirds of submissions received by the senate were from students struggling to repay debt The…