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As parliament returns for the first time since the federal election, the university sector will be front and centre with the government introducing its student debt relief legislation this week.
The changes come as universities continue to face uncertainty amid a clamp down on international student numbers.
Guest: Andrew Norton, Professor of Higher Education Policy, Monash University
Ropes & Gray represented the initial purchasers in Apollo Debt Solutions BDC’s $400 million 144A bond offering due 2030. The transaction closed on July 17.
Apollo Debt Solutions BDC is a regulated, non-listed business development company that provides individual investors access to investments targeted by the largest institutions.
The team was led by capital markets partner PaulTropp.
The Revenue Commissioners has failed to have its nominee appointed as liquidator over the Killarney Brewing and Distilling company (KBD). The business, which announced to staff last week it would cease production at its two plants with the loss of 50 jobs, was formally wound up by Justice Michael Quinn in the High Court on Monday. The Kerry company’s collapse, with accumulated losses of circa €4.15 million, followed a failed rescue attempt that began in April with the appointment of James Anderson of Deloitte as interim examiner. Anderson held meetings with members and creditors of the business, but could not…
Debt management can make it easier and cheaper to tackle your balances, but there are enrollment requirements that come with it.
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Americans are carrying record levels of credit card debt right now, with the average cardholder owing about $8,000 in total. While carrying this type of debt is never ideal, especially at today’s elevated rates, the recent uptick in credit card debt makes quite a bit of sense. Sticky inflation has caused the prices of essentials to skyrocket, and because budgets aren’t stretching…
The Supreme Court on Monday upheld the National Company Law Appellate Tribunal’s (NCLAT) order rejecting the appeals filed by the Board of Control for Cricket in India (BCCI) and Byju’s co-founder Riju Raveendran seeking withdrawal of insolvency proceedings initiated against the embattled edtech company.
A bench comprising Justices J.B. Pardiwala and R. Mahadevan dismissed the joint appeals challenging the April 17 decision of the Chennai bench of NCLAT, which had affirmed the order passed by the National Company Law Tribunal (NCLT) in Bengaluru. The NCLT had on February 10 directed that the settlement proposal submitted by BCCI and Raveendran be placed before the newly constituted Committee of Creditors (CoC) of Byju’s…
Lerer Hippeau bets on founder for a second time, Acorns and Betterment Co-Founders join the round with Sway Ventures and FJ Labs
LOS ANGELES, July 21, 2025 (GLOBE NEWSWIRE) — Today, Capitalize.io, an AI-powered platform turning data into deals by connecting brokers and lenders with high-quality leads, announced its public launch. The company also closed its seed funding round, backed by leading investors including Lerer Hippeau, Sway Ventures, FJ Labs, and Treasury. Many of the investors previously supported co-founder Luke Morris’s earlier venture, Crexi, reaffirming their continued confidence in his vision for the future of Commercial Real Estate (CRE).
Noor Mukadam’s murder: Zahir Jaffer to undergo medical evaluation ahead of filing mercy plea
ISLAMABAD: A medical board will evaluate this week Zahir Zakir Jaffer, convicted of the brutal murder of Noor Mukadam, as part of procedural requirements for his mercy petition before Pakistan President Asif Ali Zardari, a senior jail official said on Monday.
Mukadam, the 27-year-old daughter of a former diplomat, was brutally murdered by Jaffer at his Islamabad residence in July 2021, with investigations confirming she was tortured before being beheaded. A trial court sentenced Jaffer to death in 2022, a verdict later upheld by the Islamabad High Court in 2023.
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Cutting student loans by a flat $5,500 would be a fairer and more effective way of providing relief than Labor’s promised 20% reduction to Hecs debts, a leading independent thinktank says.
The fairer deal for students bill will cut a fifth from the outstanding student debt of about 3 million Australians, or provide the equivalent of $16bn in total relief, according to the government.
While the legislation is not expected to attract any opposition in Canberra, someexperts remain critical.
Jack Buckley and Matthew Maltman, economists at the e61 Institute, looked at a 20% cut to student debts in 2012 as…
ASIC recognises the important role of credit within the financial system.
Consumer credit protections have been in place for many years and yet they are not universally enjoyed by people who seek or use credit.
ASIC regards consumer credit protection as a priority and will continue to use all the tools in its regulatory toolkit to address poor practices and serious misconduct.
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Thank you, Melynda, for the introduction. And thank you to AFIA for the invitation to speak to you today.
I would like to acknowledge the traditional owners of the land on which we meet, the Yugambeh people.
I pay my respects to their elders, past and present – and extend that respect to Aboriginal and Torres Strait…
