A day after his 52nd birthday, Andrew Christodoulou got a nasty surprise in the mail. ATO issues more Director Penalty Notices and garnishee notices Financial year DPNs issued Garnishee notices 2018-2019 13,120 18,605 2021-2022 3,160 957 2022-2023 17,459 2,924 July 1 2023 – 29 February 2024 13,454 2,881 The ATO says "firmer debt collection actions" are needed because the agency …
It's often referred to as the "best loan you'll ever get". If you have an outstanding HECS-HELP debt, your balance is set to increase by 3.9 per cent on June 1. Prior to the pandemic, the indexation rate averaged about 2 per cent — roughly half the rate of this year's increase. Year Indexation rate 2022 3.9 per cent 2021 …
Over the years, I've had a lot of people tell me what I should and shouldn't be doing with my money. "If the tip is based on market information, the price probably reflects that," says Rob Benton, a financial counsellor who works with the National Debt Helpline. If you have other debts that attract high interest rates, like credit cards, …