Call for ad ban on easy credit for groceries, medicines
A popular form of credit to encourage online shopping has morphed into a crutch for trying to stay a step ahead of financial disaster, an inquiry has been told.
credit and debt
ASIC victory in four-year pursuit of high-fee lenders
Two Gold Coast lenders could face hefty fines after charging over $70 million in fees for less than half that amount in loans issued without a credit licence.
‘Perfect storm’: insolvency surge threatens businesses
The Australian Taxation Office and other creditors pose the biggest threat to cash-strapped businesses facing an insolvency "surge", an organisation says.
Students dive into pockets to beat HECS interest rise
As uni students rushed to pay back more on their HECS to beat a rise in interest, the government has agreed it's time to consider how repayments are calculated.
Biden, McCarthy reach tentative US debt ceiling deal
US Democratic President Joe Biden and Republican House Speaker Kevin McCarthy have reached a tentative deal to raise America's debt ceiling.
Debt ceiling deal ready for Congress vote: Biden
US President Joe Biden has urged Congress to pass the tentative debt ceiling deal he reached with Republican House Speaker Kevin McCarthy.
Clampdown on buy now, pay later following abuse claims
The federal government will regulate buy now, pay later services in a bid to protect Australians against financial abuse and hardship.