Almost four out of 10 people in WA would have to sell something or turn to credit if faced by an unexpected bill, a survey by the Financial Counsellors Association of WA has found. The cost-of-living survey, which was conducted on 1,074 respondents in July 2024, found 37 per cent said they would be unable...
FlashNews:
Aryna Sabalenka Makes Carlos Alcaraz Take Complete U-Turn From Australian Open 2024 Comments on Women’s Tennis
There’s no high-stakes glitz and glam at the Birdsville Races, but that’s why people love it
Horse Racing News: Evaporate headed to Stakes level
Grieving Campbell, sore Amartey almost missed Swans comeback win over Giants
Clock ticks for Aussie young gun on monster US Open prize money call as she joins NCAA legal dispute
Australia secures series whitewash over Scotland after Cameron Green’s all-round masterclass
Australian links revealed in global defence company scandal involving China, Russia and Iran
How police aced Tennis Australia official’s web of lies
Australia sweep Scotland in T20 series as Green shines with bat and ball
All-round Green carries Aussies to series sweep in Scotland | cricket.com.au
U.S. Women’s Mid-Am site is among most historical clubs in America – Australian Golf Digest
Australia complete 3-0 sweep over Scotland in T20 series
Australia complete clean sweep over Scotland
The last 4 home men’s champions at Australian Open, French Open, Wimbledon, US Open
ASITA Expects Visa-free Travel for South Korean, Australian, and Indian Tourists
Comedian and actor Andrew Santino takes his golf (and his celebrity group-chat banter) quite seriously – Australian Golf Digest
Who is Cooper Connolly, Australia’s newest debutant? | Australia tour of Scotland, 2024
Sydney Swans book home preliminary final with gutsy win over GWS Giants
Pericles dominant in So You Think Stakes
Tag: debt
Do financial regulators really understand how much many Australian mortgage borrowers are struggling?
The Reserve Bank keeps telling us everything is OK, that Australia is still on the narrow path to conquering inflation without a recession and that most home owners are coping with higher interest rates. But the question that needs to be asked is OK for whom? It’s true Australia isn’t in a technical recession —...
How the ATO went from good cop to bad cop to claw back more than $50 billion in debt
The tax office is once again perceived as the ‘bad cop’ on the beat and it’s the Albanese government that’s given it a mandate to go hard and recoup more than $50 billion in debt owed, most of it by small business. The message is clear: the honeymoon period — extended during the COVID-19 pandemic...
Perth home builder Nicheliving owes almost $4m to tax office
In short: A credit check has revealed that Perth home builder Nicheliving owes the tax office $3,813,837. A number of sub-contractors are also taking legal action against the troubled company for unpaid bills. What’s next? WA Premier Roger Cook said the situation with Nicheliving was “very concerning” and the government was taking a close interest...
The ‘acute pressure’ on water infrastructure that could sour some SA budget sweeteners
As the state government rolls out cost-of-living relief in its third budget to hundreds of thousands of South Australian households, there’s a warning that cash will soon start going back the other way. Treasurer Stephen Mullighan says the government’s relief package, which includes one-off payments to concession holders and more help for parents with school-aged...
Millions of Australians facing financial difficulty, according to ASIC survey
In short: Millions of Australians are struggling to meet debt repayments due to the rising cost of living. An ASIC survey has found Australians facing financial hardship would prefer to sell their assets before they seek help from their lender. Lenders are legally required to offer assistance to customers struggling to meet their repayments. What’s...
‘Think carefully before you sign’: Mia lost her family home after taking on a small business loan with $100,000 interest
Small business owner Mia Li breaks down in tears when she recalls losing her family home. She made the tough decision to sell her property to save her business that was on the brink of collapse because of mounting debts to the Australian Taxation Office (ATO) and suppliers. The debt was made worse after she...