Source: Loan Digest (loandigest.net)
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At risk: Australian household debt flashes red on Morgan Stanley reportAustralia's economy is most at risk in the developed world from household debt building up because of weak house prices and potential tax changes, says Morgan Stanley. Uber has given political donations to enter the taxi market for free.the plate owners bought plates for $400K & have suffered losses and the gov does not care. its really easy to levy Uber and compensate plate owners.
Source: theage - 🏆 8. / 77 Read more »
Australia has world’s riskiest household debt levels: reportA new report has revealed Aussies face a $700 billion cut to their wealth. And it’s coming sooner than you think. BIGBEAR smallstick Another gift from big government. ...seems how it just ...maybe ..
Source: newscomauHQ - 🏆 9. / 77 Read more »
Australian household debt 'unlikely to collapse under its own weight'The Reserve Bank's deputy governor is confident the Australian economy will not collapse under the weight of record household debts, although he acknowledges it could exacerbate any future downturn. According to the protocols of the elders of zion the agenda is to create a chaos so big that we will cry for them to give us the new world order that is why mainstream media loves crisis and chaos is their job! Sounds just like Bernanke before everything imploded. They must have the same hymn sheet. That's because they'll lower interest rates to 0% and bail them all out with QE.
Source: abcnews - 🏆 5. / 83 Read more »
‘I always get bail’: Illawarra teen gets rude awakeningA teen serial thief who allegedly taunted police – “I always get bail, I’ll be out in two hours” – has been refused bail over his latest alleged RSL break-in Harrybuttworth I about time the justice system is doing its job for a change and this teen should do some serious time we all hope being a serial afender. My Opinion Stinking brat sounds like a ray of sunshine
Source: smh - 🏆 6. / 80 Read more »
Tax office debt collection tops complaints - 9NewsThe tax watchdog says the debt collection practices of the Australian Taxation Office remain a concern, making up almost a quarter of the complaints it receives. 9News I wanna see this watchDog .... be a poodle I reckon auspol 9NewsGoldCoast It has to paling comparison to centrelink, the way they behave is appalling.
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Top silk taking on Centrelink over robo-debt recoveryCentrelink’s robo-debt recovery scheme was intended to seek out and destroy debts, but instead it’s thrown more than 200,000 Australians into financial turmoil. Ill conceived scheme that was poorly executed and allowed to continue. robodebt
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Top QC slams Centrelink's robo-debt program as 'elaborate sham'The Coalition government's 'robo-debt' program is an ' elaborate sham' according to a prominent Victorian barrister who wants to challenge the controversial recovery scheme in the Federal Court. It has cost some their lives. It is wrong. Thank you Gavin Silbert QC. Robodebt could be bigger than the Banks RC .. A royal commission could put the final nail in the coffin of a once proud Liberal Party.
Source: smh - 🏆 6. / 80 Read more »
Treasury warns of fall in household savings | Sky News AustraliaThe Treasury is warning Australians may be forced to dip into their savings in the coming years to counter record-low wage growth and rising costs of living. \n\nTreasury Secretary Phil Gaetjens yesterday told a Senate estimates hearing that Australia’s household saving rate, which has already hit a 10-year low, could drop even further. \n\nThe warning has sparked concerns the federal government’s economic forecasts rely too heavily on strong consumer spending expectations. \n\nImage: Kym Smith \u002F News Corp Australia\n Tony_Burke Leave our houses alone! We didn’t buy houses to not make money on them!!! Labor is crap. Tony_Burke The property market will crash when labour get in Tony_Burke and renters? people who desperately need public housing?
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Single parent household represented in new ‘crash test dummies’There is a new ‘family’ bunking into the southern hemisphere’s largest and most technologically advanced crash test facility. 9News
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Bill shock: Households could be paying 20% more than needed for powerIPART says Australians could be paying 20 per cent more than they should on their power bills if they have failed to shop around. denniallen Shopping around not to get ripped off! Sounds weird! It's all crap. As soon as you switch to another provider they soon after find ways to increase their costs. The so called discount applied just brings the bill back to what you should have paid.
Source: theage - 🏆 8. / 77 Read more »