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The development came after Adani group reportedly made an unconditional bid for debt-ridden Jaiprakash Associates Ltd (JAL), which is undergoing corporate insolvency resolution process (CIRP).
“The proposed combination relates to the acquisition of up to 100 per cent of the shareholding of the target (Jaiprakash Associates Ltd) by the acquirers (Adani Enterprises Ltd and Adani Infrastructure and Developers Pvt Ltd) or any other entity forming part of the Adani Group,” according to a…
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A groundbreaking approach to financial recovery is giving hope to households grappling with rising credit card debt. Thanks to advanced technology, what once felt like insurmountable debt can now be tackled with structured, practical steps, offering a real lifeline for families worldwide.
Jenn Allan, who works in Delaware’s property sector, found herself overwhelmed by mounting credit card balances. After a traumatic birth in 2023 left her daughter in the NICU, Allan suffered severe postpartum depression and was forced to stop working. As her income dried up, her credit card debt soared to $23,000 (£17,114.50), as reported by The Daily Mail.
Desperate for a solution, Allan turned to ChatGPT for help. ‘I already use ChatGPT every day…
Laws to cut debts for university students and graduates are expected to be waved through parliament, saving people hundreds of dollars a year in repayments.
Federal Education Minister Jason Clare said legislation to slash HECS debts by 20 per cent and increase income thresholds before minimum repayments kick in will make the system fairer.
“It means you start paying off your uni degree when uni starts to pay off for you,” he said while introducing the bill to the House of Representatives on Wednesday.
Education Minister Jason Clare says three million Australians will benefit from HECS debt cuts. (AAP VIDEO)
It is the first bill the Albanese government put before parliament at the start of its second term.
Jason Clare is now introducing the childcare safety bill in the House of Representatives.
The education department secretary will have the power under this bill to consider a provider’s “quality, safety and compliance history” to determine whether they should be approved to access the childcare subsidy.
Clare says this has “never been part of the childcare subsidy system” but he concedes that government’s haven’t worked fast enough.
I’ve been pretty blunt. In the last few weeks, people have been arrested and convicted of offences like those alleged before, and governments of different colours, state and federal have taken action, but not enough, and not fast enough….
Medical expenses, whether big or small, weigh on almost everyone. For many Michiganders, one bill can often lead to a spiral into serious debt.
Carrecia Watkins knows that struggle firsthand after getting into a car accident back in 2023.
“A big, huge impact that I wasn’t ready for,” Watkins said. “Someone hit me, and they were totally at fault, but because she didn’t have any insurance, I was stuck with the bill.”
Still dealing with long-lasting injuries, Watkins now has close to $5,000 in medical bills and ongoing therapy costs for her recovery.
“Now I’ve got this hefty medical bill that I have to pay, and there’s nothing I can do,” Watkins said.
Watkins’ story is one of thousands that pushed the Michigan Gov. Gretchen…
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As parliament returns this week for the first time since the election, the top item of business for Labor is its election promise to reduce student loans by 20 per cent.
Legislation will be introduced on Wednesday and is likely to become law soon after, with both the Coalition and the Greens appearing likely to support it.
It means about 3 million Australians will see an automatic adjustment applied to their loans later this year, and also see changes to the repayment rules. Here’s how it works.
The current HELP system
The reduction applies to the various student loans offered by the federal government under the Higher Education Loan Program (HELP).
That includes HECS-HELP for university degrees (commonly shortened to HECS), but also…
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