The Albanese government’s promise to cut HECS-HELP debt will help get more people into homes sooner.

As part of its election promises, the Labor government has cut all HECS-HELP student debt by 20 per cent.

This totals around $16 billion in debt for more than three million Australians.

The relief will help students pay off their debts sooner and better qualify for a loan, assisting more young Aussies into home ownership.

On top of these changes are the recent removal of $3 billion worth of debt through the government’s changes to cap the indexation applied to student loans to the lower of the Wage Price Index or the Consumer Price Index. This means that indexation will never be higher than the…

Are You an Upper-Income Earner Struggling With Debt in Texas?

According to Bankrate, credit card delinquencies are now at their highest since 2011. Many Texans—including high-income earners—are falling behind on payments as interest piles up. Debt collection lawsuits are increasing, putting added pressure on already-stressed borrowers.

If this sounds like your situation, know that Debt Redemption, a San Antonio-based debt relief company, has helped thousands of Texans statewide for over 22 years.

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Understand Your Debt Relief Options

Before taking action, evaluate your financial goals and debt situation. Here are the main approaches upper-income earners should consider:

1. Debt Consolidation Loans
A…

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:

1. Open the settings menu by clicking the hamburger menu in the top right

2….

LOS ANGELES (KABC) — Summer vacations are over, the school year is about to start, and the holidays are just around the corner.

All of that, of course, costs money, and can push people further into debt.

As you try to get your finances in order, don’t forget that scammers may be targeting you.

As you sort through your monthly budget, experts suggest you look into debt management companies rather than debt settlement programs.

Debt settlement companies can be risky, and you may end up owing even more money.

You also never want to pay anyone before a credit counseling agency helps you come up with a plan. Legitimate groups will work with you to figure out a debt management plan before they ask for payment.

As for those plans, you’ll want to…

Timaru plumbing and building contractor GFY Ltd has gone into liquidation by a court order owing Inland Revenue (IRD) about $915,000.

The company folded because of a failure to provide for taxation.

The official assignee from the Insolvency and Trustee Service was appointed as liquidator on June 12 after the IRD initiated proceedings in the High Court at Christchurch.

The business was registered in 2019. Murray Bartlett is named by the NZ Companies Office as the sole director and shareholder.

In the first liquidator’s report, the official assignee said the director would be interviewed and company records obtained to determine GFY’s assets and liabilities.

“The liquidator will complete a full investigation into the company…