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Tag : Debt

What happens when a charity becomes insolvent?

Maggie Coggan, Wednesday, 9th December 2020 -  We take a look at what running insolvent means, and what charities can do to avoid it in the first place It’s become clear that charities were not flushed for cash before the pandemic.…

Bold new way to invest for social change

Wendy Williams, Wednesday, 4th December 2019 -  Xceptional raises $600,000 using Australian-first impact-linked loan scheme  The coming together of Xceptional, a business which helps place people on the autism spectrum into…

Millions of vulnerable Aussies turning to payday loans

Luke Michael, Wednesday, 13th November 2019 -  A new report says Australian households risk falling into a debt spiral from payday lenders Payday lenders are profiting from vulnerable people and trapping them in debt, consumer…

Commonwealth wipes Tasmania’s housing debt

Luke Michael, Wednesday, 11th September 2019 -  Tasmania is set to redirect $230 million into improving the supply of housing and reducing homelessness after the Morrison government waived the state’s housing-related Commonwealth…

‘A crisis is coming’: Buy-now-pay-later services target vulnerable young women

Luke Michael, Thursday, 14th March 2019 -  Buy-now-pay-later schemes like Afterpay have revolutionised the way Australians shop. But as Luke Michael reports, these services are also sending vulnerable young women into…

Research Shows Vulnerable Australians Caught in Vicious Debt Cycle

Wendy Williams, Wednesday, 18th October 2017 -  Vulnerable Australians are “drowning in debt” struggling to overcome financial woes that are being magnified by attempts to manage the issues via increased debt and gambling, according…

HILDA Spotlights Changing Attitudes to Same Sex Couples and a Love of Lotto

Lina Caneva, Wednesday, 2nd August 2017 -  The longest running survey of Australia’s population known as HILDA has revealed a major shift in attitudes towards equality for same sex couples, a “surprising” rise in mortgage…

Video Showcases Centrelink Bogus Debts Clawback Fiasco

Wendy Williams, Wednesday, 1st February 2017 -  A tongue-in-cheek video is being used by a peak body to shine a light on the “ludicrousness” of the so-called “Centrelink bogus debts clawback fiasco”. Victorian Council of Social…

Disability Sector Joins Calls for a Halt to Centrelink ‘Fiasco’

Wendy Williams, Friday, 6th January 2017 -  The disability sector has backed calls for the Centrelink debt recovery “fiasco” to be suspended immediately amid concerns about the impact it is having on people with disability.…

IMF Cancels Haiti Debt

Staff Reporter, Thursday, 22nd July 2010 -  The Executive Board of the International Monetary Fund (IMF) has cancelled Haiti’s outstanding debt equivalent to US$268 million and approved a new three-year program to…

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