Examining the implications of the Commonwealth Seniors Health Card income test for SMSF retirees. You will have read in our recent article that the Commonwealth Seniors Health Card (CSHC) is an impor
under the income limit of $125,000, a single person. and you re going to get a $10,000 break or if you had a pell grant, $20,000 break. it is delivering for you. if you re a working class person who never went to college, you re not going to get any of this $300 billion, it is going to cost the government. there is also the concern about inflation. larry summers, probably more accurate about projecting inflation than anybody says, look, these people spending that paying off their student loans, that s more money in their pocket, they re going to go out and spend, that raises demand, that raises prices, that raises inflation. which may well be the number one concern. the number one economic concern of most americans, according to the polls. so it didn t deliver for them. so let me ask you, on the economy, actually, the economic news out this morning, the way christine romans put it this way is pretty perfect, the outlook for the economy is looking less lousy. second quarter gdp decl
climbed by up to 3%. lenders will still have to use some form of assessment instead of the affordability test but it will be up to them how they do it. our consumer affairs correspondent colletta smith is in salford for us. why have they done this? effectively the bank of england seized the mortgage market and the housing market as a very different place to the one in 2014 when these tight restrictions were first introduced right after the global financial crash sees the mortgage market. they say because there are two layers of cheques, removing one of those layers still provides enough security for the economy and for individual borrowers, so they are keeping in place of the loan to income limit which basically means lenders cannot give more than 4.5 times an individual s salary within a mortgage. but they are removing that stress test, which is the one to check whether people could cope if interest rates increased at 3% or
The West Virginia Department of Health and Human Resources (DHHR), Bureau for Family Assistance will begin accepting School Clothing Allowance applications on J
There's new hope for President Biden's Build Back Better bill, as Sen. Joe Manchin (D-W. Va.) reportedly is open to restarting negotiations with the administration.