Wealthier students are set to benefit more from future plans to cut university debt levels than those on lower incomes, research has shown.

Analysis into a federal government proposal to slash HECS debts by 20 per cent found more than half of the financial relief offered will go to the top third of earners.

Meanwhile, the study by the e61 Institute found less than 20 per cent of the measure will flow through to those in the bottom third.

The plan to cut tertiary education debt will be the first legislation introduced by the federal government in Anthony Albanese’s second term when parliament resumes on July 22.

The cuts will be backdated to June, when debts increased by a further 3.2 per cent due to indexation.

The institute’s research…

The CoC initially rejected this proposal, however, reversed its stance in September 2021 after objections from home buyers.

The National Company Law Tribunal (NCLT) has approved Adani Properties’ resolution plans for two HDIL assets as part of the ongoing insolvency process. The approved assets are Project BKC in the Bandra Kurla…

Animal rights activist Tash Peterson and her partner Jack Higgs have kissed their passports goodbye as the couple declared bankruptcy.

The declaration comes after Bicton vet Kay McIntosh won bankruptcy orders against the pair in late April.

The orders followed a messy defamation trial between the activist couple and Dr McIntosh, her husband Andrew and Bicton Veterinary Clinic.

In a dramatic announcement on Instagram late Friday, Ms Peterson said: “We are officially bankrupt and our passports are being taken away from us.”

Mr Higgs said as a result of last year’s trial they “now owe over half a million dollars to a vet clinic”.

“So we’re going to head into a bankruptcy office and we’re gonna officially surrender our…

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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:

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Anil Ambani: From the 6th richest in the world to Rs.31,580 cr ‘fraud’ tag by State Bank

State Bank of India (SBI) has decided to classify the loan account of beleaguered telecom firm Reliance Communications as “fraud” and to report the name of its erstwhile director — Anil Ambani to the Reserve Bank of India (RBI). The move is expected to be followed by other lenders who have given loans to Reliance Communications Ltd (RCom).

Reliance Communications, in a regulatory filing, said that it has received a letter dated June 23, 2025, from the State Bank of India (SBI) to this effect. SBI has decided to…

Flexys has partnered with CU Share to improve member debt management across leading credit unions. The Flexys CU Share partnership brings a digital-first approach to credit and collections.

Empowering credit unions through collective strength

The credit unions, deeply rooted in their communities and committed to financial well-being, sought a solution to empower their members and optimise internal collections. Individually, the credit unions faced barriers to adopting leading-edge technology. However, by uniting through CU Share, they’ve collectively secured Flexys’ out-of-the-box collections software, chosen for its comprehensive feature set and quick time-to-value

Automating collections to boost…