Perth Theatre Company in voluntary administration, after failing to resolve financial woes – ABC Online

After more than 30 years, the Perth Theatre Company has gone into voluntary administration. The theatre said the company’s business and financial model was un-sustainable in the current economic environment. Company chairman Dr Saliba Sassine said the theatre had not been successful in finding a solution to its financial problems and had now decided…

FTC Cracks Down on Student Loan Debt Relief Schemes – Credit.com News (blog)

Some student loan borrowers having trouble repaying their loans are getting desperate, causing them to look for help in the wrong places. Federal regulators announced another crackdown this week on firms that charge illegal up-front fees, and ongoing monthly fees, selling debt relief services to these borrowers that are generally available for free. Three cases announced…