The banks say it should be up to financial regulators to determine whether student debt gets special treatment in mortgage assessments.
After Elon Musk compared the take-down order to something from a communist regime,politicians have lined up to slam the owner of X for acting like he is above the law.
New data from the National Anti Scam-Centre shows older Australians are increasingly losing money through scams on Facebook and Instagram,while reported losses are declining from telephone and SMS scams.
Australians have lost millions to scams already this year,and the government has warned that criminals will be looking to exploit shoppers over Christmas and new year.
Sources close to the government said it was a “no-brainer” for super to be part of the mix for funding aged care as costs climb over the next decade.
Assistant Treasurer Stephen Jones says all options are on the table when it comes to limiting the growing cost of super tax concessions.
The government wants to finalise a plan for the future of the country’s payments system early next year.
The assistant treasurer said the government needs to get a good handle on the books first,but ensuring the tax office collects unpaid super is also a high priority.
Claims the $3 trillion superannuation sector should have been prepared for deep economic shocks like the coronavirus pandemic are"not helpful",says shadow assistant treasurer Stephen Jones.
Stephen Jones said the explosive revelations exposed at a corruption inquiry are the result of a"long legacy of doing whatever it takes".