Toll road fines have been waived, but debt collectors keep chasing Melbourne drivers
“Having these issues unresolved puts extra pressure on me. It’s having quite an impact on my mental and physical health.” He is not alone. Community legal and welfare groups are calling for an end to the hounding of people for toll debts that have already been waived. Anthony Rogers was new to Melbourne and unaware […]
What Businesses Tackling Technical Debt Can Learn From the IRS
Where a business spends its money typically defines its strategy. And with the news last Thursday (May 2) that the Internal Revenue Service (IRS) is seeking more funding to continue scaling its digital transformation efforts as part of its Strategic Operating Plan, process modernizations designed to leapfrog technical debt are more top of mind than ever […]
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Treasurer flags $152 billion gross debt reduction
Next Tuesday’s federal Budget will show a reduction in gross debt by about $152 billion. It’s the equivalent of what the federal government will spend on health and defence this year. Due to lower debt, the government estimates it will save around $80 billion in interest payments over the next decade to 2032-33. “We’ve made […]
Car parkers stung at Tauranga shopping centres
Fines and debt collectors: Car parkers stung at Tauranga shopping centres […]
Shopping centre, McDonald’s parking fines frustrate Bay of Plenty customers
Personal trainer Louise Watson, known as Boss Lady, is concerned about the impact of parking fines on families and people on tight budgets. Parking fines and debt collection agency letters have frustrated customers using some Tauranga and Te Puke shopping centres and takeaway restaurants. People spoken to by the Bay of Plenty Times were issued […]
Tehran pressures for debt collection; Assad unable to pay
Enab Baladi – Jana al-Issa At the end of April, the Saudi newspaper, Asharq Al-Awsat, reported from sources described as being well-informed in Damascus, stating that Iran has been pressuring the Syrian regime government to recover its debts since the latest visit made by Iranian President, Ebrahim Raisi, to Damascus in May 2023. The sources […]
How abuse is being fought by financial institutions
What else can financial abuse look like? Centre for Women’s Economic Safety chief executive Rebecca Glenn says financial abuse often escalates after partners separate. “Because so much of managing our finances are online, financial abuse can happen without physical abuse, and continue after separation,” she says. Since victims can be left in the dark about […]
Brookfield-backed Panthera Finance under probe by Consumer Affairs Victoria about debt collection
Victoria’s Consumer Affairs regulator is investigating major debt collection outfit Panthera Finance, after a company within the group was banned from working debts in the state but a related entity kept operating. Panthera Finance Pty Ltd was banned from debt collecting in Victoria for five years and fined $500,000 after a Federal Court ruling in […]
Jacinta Allan flags budget handouts amid debt, inflation warnings
Victorian Premier Jacinta Allan has been warned by ratings agencies and economists against following the lead of Queensland in providing $1000 energy handouts in Tuesday’s state budget, amid calls to rein in spending. Business, investors, ratings agencies and economists warn the budget must bring the state’s $126 billion debt under control without imposing more painful […]